SMBs hanker for faster payments, data shows
Despite innovations in payments, small businesses are still running into speed problems, according to WePay’s “State of Small Business Payments ...
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The rise in mobile banking: Bank of America, First National and TD
Mobile banking has surged during the coronavirus pandemic, and banks are reacting with enhanced mobile capabilities, new features and educational ...
The future of banking is linked to trust, Forrester says
Banks are rebooting their strategies amid the COVID-19 pandemic to capitalize on the rapid digital innovation taking place, according to ...
Watch: PayRecs demos its B2B payments solution
St. Louis-based PayRecs provides business-to-business payment solutions. The startup’s technology allows businesses to track payments and calculate foreign exchange rates, ...
AmEx in advanced talks to buy SoftBank-backed Kabbage
American Express Co.’s small-business aspirations just took another step forward. The credit-card giant is in advanced talks to buy Kabbage ...
BMO leans into Google partnership to stretch customer reach
BMO Financial Group is betting on its partnership with Google to be a “growth engine” for the company from a ...
App Annie: P2P payments outpace other fintech apps
Peer-to-peer payments apps are working their way into consumers’ pockets. According to fresh data from mobile analytics platform App Annie, ...
FIs and fintechs innovate with an eye on SMBs
At the start of the year, FinAi News predicted, “if 2019 was the year of the challenger bank, 2020 will ...
Weekly Wrap: Fintech funding rebounds and lenders move into bank accounts
Fintech funding rebounded during the second quarter. According to a report from CB Insights, funding increased 17% quarter over quarter ...
Square looks to replicate Cash App success with SMBs
Square is looking to replicate the success it has seen with consumers through its Cash App for small businesses. In ...
