bank switching

UK Businesses Accelerate Bank Switching
UK Businesses Accelerate Bank Switching
July 26, 2019  |  B2B Payments

Small businesses in the U.K. accelerated their bank-switching in the second quarter of 2019, with twice as many small and medium-size businesses (SMBs) taking advantage...

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Eleven Banks Cleared For Piece Of $1B RBS Fund
Eleven Banks Cleared For Piece Of $1B RBS Fund
December 21, 2018  |  B2B Payments

Eleven banks have been granted access to a £350 million ($443 million USD) program that will allow for them to take business clients away from...

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SMBs Aren’t The Only Ones Threatening To Switch Banks: Ovum
SMBs Aren’t The Only Ones Threatening To Switch Banks: Ovum
November 13, 2018  |  B2B Payments

As Europe and the U.K. continue efforts to boost competition in the financial services (FinServ) space, much of their attention has landed on small companies’...

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RBS Allocates $2.6B To Help SMBs Prepare For Brexit
RBS Allocates $2.6B To Help SMBs Prepare For Brexit
October 24, 2018  |  B2B Payments

With fears mounting over supply chain and financial disruptions as a result of Brexit, the Royal Bank of Scotland (RBS) has reportedly set aside a...

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Challenger FinTech Firms Can’t Rely On Tech Offerings Alone: ANNA
Challenger FinTech Firms Can’t Rely On Tech Offerings Alone: ANNA
October 24, 2018  |  B2B Payments

U.K. alternative financial service (FinServ) players promising a small business (SMB) banking revolution — and a challenge to the status quo established by high-street banks...

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Top Corporate Treasurers Already Switching FIs To Gain FinTech Tools
Top Corporate Treasurers Already Switching FIs To Gain FinTech Tools
November 14, 2017  |  B2B Payments

A new report by business banking market research and analysis firm East & Partners suggests corporations aren’t opposed to changing banks as a direct result...

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RBS To Allocate $1 Billion To Help SMEs Switch To FinTechs
RBS To Allocate $1 Billion To Help SMEs Switch To FinTechs
July 28, 2017  |  B2B Payments

RBS, one of the U.K.’s top banks, is required allocate to more than $1 billion to help small businesses switch to its competitors. Reports Thursday...

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Why Millennial Businesses Are Both A Threat And Opportunity For Banks
Why Millennial Businesses Are Both A Threat And Opportunity For Banks
October 04, 2016  |  B2B Payments

Millennials are now the largest generation in the workforce in the U.S., and among the countless ways they shape new trends include ways their businesses...

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For UK’s SME Lending, Looking Toward Tech For A Boost
For UK’s SME Lending, Looking Toward Tech For A Boost
August 12, 2016  |  International

The U.K.’s Competition and Markets Authority has issued a report on the state of the banking industry, and some things need to change in order...

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