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EXCLUSIVE: Mastercard And Ingo Partner To Bring Instant Payments To Treasury Banks

PYMNTS

Moreover, Ingo’s Edwards noted, companies are looking — increasingly impatiently — at their treasury-banking partners. Businesses wonder why some banks aren’t offering a suite of options, so companies can’t give their customers a full menu of options when it comes to getting paid. What Happens Next .

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UK Banks Now Required To Refer SMEs To Alt-Lenders

PYMNTS

Reports by Financial Times on Tuesday (Nov. 1) said the program that requires traditional banks to refer small businesses to alternative lenders if they’re rejected for a loan has begun. Treasury, last year, 26 percent of the 324,000 SMEs that applied for a bank loan saw their initial applications turned down.

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Movers & Shakers: Truist names 3 C-level execs

Bank Automation

Truist Financial continued its managerial overhaul this month with appointments to fill the new chief operating officer position as well as chief consumer and small business banking officer and chief wholesale banking officer. The $535 billion bank made the following changes: Vice Chair Beau Cummins became COO effective Nov.

NOV 80
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Corporate America Hinges On Presidential Election

PYMNTS

The stakes are high for businesses of all sizes, and the latest data on corporates in America makes that abundantly clear. Small businesses are anxious, and there is evidence that large corporates’ cash management and investment strategies are also being shaped by political uncertainty. We share all the details below.

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FCA Explores How To Include More SMBs In FinServ Protections

PYMNTS

.’s Financial Conduct Authority (FCA) plans to propose an extension of its jurisdiction from serving individuals and micro-businesses to also include small and medium-sized businesses (SMBs). The proposal comes in the wake of multiple small business banking scandals , reports in the Financial Times said Wednesday (Nov.

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Top 40 Small Business Checking Account Bonuses, up to $2,500 (Nov 2024)

Fintech Labs Insights

It’s a great time to shop for a new checking account for your small business. Since Q4 is generally a slow period for new accounts, many banks scouting for new business accounts with giant bonuses. Online Digital Banks for Small Business (SMB) Nov 2024 Digital vs Traditional Banking: What’s Right for Your Small Business?

NOV 15
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TAB Bank Expands With $46M Acquisition Deal For BAMFi’s Capital Division 

PYMNTS

TAB Bank is acquiring BAMFi’s BAM Capital Division in a $46 million deal, TAB announced on Tuesday (Nov. We have a long history of providing working capital solutions and support to small to medium-sized businesses and we are thrilled to extend our offerings to our new clients.” .