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Tag: small business banking


Activity, Corporate Banking

Bluevine rolls out high-yield interest rate for SMBs

November 8, 2023

Via: Banking Dive

Bluevine on Wednesday announced the launch of Bluevine Premier, a high-yield checking account for small-business owners that offers a 4.25% annual percentage rate on balances up to $3 million. The offering pairs a high return with cash flow flexibility, two […]


Activity, Retail Banking

The Untapped Market Hiding in Consumer Bank Accounts

July 26, 2022

Via: Bank Director

Banks are sitting on an untapped opportunity to increase revenue and deepen relationships hidden within the data running through their ecosystem. It’s the small or micro businesses operating out of customers’ personal accounts — not through business accounts. These small […]


Activity, Channels, Corporate Banking

How Square’s Afterpay purchase advances its small-business banking goals

August 18, 2021

Via: Payments Dive

Square’s acquisition of buy-now-pay-later (BNPL) firm Afterpay will further entrench the payment provider’s tools with small-business and consumer-banking clients, a move that should concern some traditional financial institutions, industry observers said. The $29 billion deal, which Square announced this month, […]


Uncategorized

Personetics brings AI to small business banking

May 15, 2019

Via: Finextra

The Personetics solution is designed to help small businesses proactively manage their day-to-day banking needs, optimize cashflow and ensure they have enough liquidity to support future growth. Integrated into the bank’s online and mobile experience, the solution enables business owners […]


Activity, Corporate Banking

BankUnited Promotes Three Executives in Florida and New York

January 29, 2019

Via: ABF Journal

BankUnited promoted three members of its leadership team: Cristina di Mauro to senior executive vice president, commercial line of business executive, Lisa Shim to executive vice president, head of consumer and small business banking and Jaclyn Coffin to senior vice […]


Uncategorized

The Big Future of Small Business Banking

August 28, 2018

Via: Bank Director

According to the U.S. Small Business Administration Office of Advocacy, there are currently 29.6 million micro and small businesses in the United States. Of those, 80 percent are one-person businesses, and 22 percent are made up of 10 employees or […]


Capital and Risk, Credit

BofA Launches SMB Loyalty Program to Help Grow Account Balances

March 27, 2018

Via: Bank Innovation

Bank of America is opening a loyalty program for its small business clients, with the focus on growing a client’s account balance through the presence of rewards. The program, which was announced by the bank yesterday, will allow SMBs with […]


Channels

A fintech apple a day could keep the bankers away

September 19, 2016

Via: Bank Innovation

If you’d read my post last week, you would have seen I was in Brisbane, Australia for Xerocon South. And given I learned so much, I just had to do a follow up post this week. First and foremost, Xero […]


Capital and Risk, Credit

Investors on the fintech lending crash diet

May 19, 2016

Via: Bank Innovation

In the US alone, the unfulfilled small business lending market was estimated to have reached $96.5 billion in Q4 of 2015. That’s a lot of lending mouths going hungry, but also a big pie up for grabs by those smart […]


Capital and Risk, Credit

Who’ll help small business get credit-score ‘fit’?

April 27, 2016

Via: Bank Innovation

As consumers, many of us are in the dark about our personal credit score. Sure, we can probably find it out, but how many of us would know, off the top of our heads, where on earth to start? And […]


Channels

Can fintech impact small business loyalty programs?

April 13, 2016

Via: Bank Innovation

Data, data everywhere but not an insight in sight. For a small business owner, life must feel a little like this, as more and more cloud based tools deliver yet more and more data, all patiently waiting to be crunched, […]