business banking

Lloyds Accused Of ‘Victim Blaming’ In SMB Fraud Compensation Program
Lloyds Accused Of ‘Victim Blaming’ In SMB Fraud Compensation Program
July 30, 2018  |  Banking

U.K. financial institution Lloyds was criticized by lawmakers Monday (July 30) over its program to compensate small business victims of fraud related to the bank’s...

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Blockchain Makes It Out Of Piloting — Now What?
Blockchain Makes It Out Of Piloting — Now What?
July 17, 2018  |  B2B Payments

The blockchain hype-machine is driven largely from the technology’s proponents that say they have an application of the tool for everything: payments, risk mitigation, contracts,...

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Wells Fargo Accused Of Manipulating Business Banking Data
Wells Fargo Accused Of Manipulating Business Banking Data
May 17, 2018  |  Bank Regulation

It’s happened again. Wells Fargo on Thursday (May 17) was facing accusations that its employees altered customer data, this time in a business banking unit,...

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UK SMB, Bank Groups Spar Over Low Lending Rates
UK SMB, Bank Groups Spar Over Low Lending Rates
April 02, 2018  |  B2B Payments

U.K. small businesses continue to struggle with access to bank funding, according to reports in Financial Times on Friday (March 30). Small business group SME...

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HSBC Enables PayPal For Supplier Payments
HSBC Enables PayPal For Supplier Payments
March 30, 2018  |  B2B Payments

HSBC is introducing PayPal support for corporate payments across borders. An announcement Thursday (March 29) said HSBC now lets its corporate customers use PayPal for...

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Corporate Borrowers Stressed By Weak Dollar, Expensive Hedging
Corporate Borrowers Stressed By Weak Dollar, Expensive Hedging
March 26, 2018  |  B2B Payments

Corporate borrowers in the U.S. are facing new pressures thanks to expensive hedging costs and a weak dollar, according to Bloomberg reports on Friday (March...

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British Regulators Publish Report On RBS
British Regulators Publish Report On RBS
February 21, 2018  |  Bank Regulation

Royal Bank of Scotland (RBS) was slammed by U.K. lawmakers, who published a report on Tuesday (Feb. 20) that details how RBS mistreated companies that...

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Regulators In No Rush To Change Rules For FinTechs
Regulators In No Rush To Change Rules For FinTechs
February 20, 2018  |  Banking

It doesn’t look like global banking regulators will be rushing to change their rules for FinTechs anytime soon. According to Reuters, traditional banks will feel...

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China Tackles ‘Grim, Complicated’ Corporate Debt
China Tackles ‘Grim, Complicated’ Corporate Debt
January 29, 2018  |  B2B Payments

China’s rising levels of corporate debt are in the headlines again with the nation’s banking regulator reportedly introducing to lower debt levels. Reports in Reuters said...

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