Tag: SMEs
LSB drafts new standards for ‘UK backbone’ SME sector
Operating standards for UK banking SMEs have been stepped up by the Lending Standards Board (LSB), a self-regulatory organisation for the UK banking industry.
This...
Fintech Neo hits profitability following year of rapid growth
Cross-border payments and FX fintech Neo has announced that the firm is now profitable, following an increasing number of SMEs exploring alternatives to banks.
The...
NatWest to help 5.5m SMEs save energy and cut emissions
NatWest is continuing its efforts to become environmentally sustainable by launching a new Energy Help and Support solution to support 5.5 million UK small...
Paymob reaches ‘significant’ milestone with Saudi certification
Fintech Paymob has fully expanded its operations in Saudi Arabia after being granted a Payment Technical Services Provider (PTSP) licence by the Kingdom.
The new...
GoDaddy launches Apple Tap to Pay for US SMEs
GoDaddy is now offering small businesses in the US the ability to accept contactless payments without a card reader through Apple Tap to Pay...
HSBC to support eCommerce growth in Hong Kong with new multicurrency...
HSBC has further strengthened its presence in Asia with the release of its new digital payment solution for SMEs in Hong Kong.
The HSBC Merchant...
Finora and iDenfy join forces to protect SME clients
Fraud mitigation tool iDenfy has partnered with SME financial service provider Finora Bank for a compliance overhaul of the bank’s systems.
Finora will use iDenfy’s...
LHV UK begins SME loan issuing after receiving FCA Annex I...
Banking service provider LHV UK has begun its SME loan lending programme after receiving an Annex I financial institution registration from the Financial Conduct...
iwoca: Cash reliance among UK SMEs still prominent
Small business lender iwoca has reported that a significant portion of its UK clients’ market is still accepting cash from customers.
The analysis highlights that...
Cashflows reveals UK SMBs unsatisfied with payments providers
Payments acceptance platform Cashflows has revealed that UK SMEs are struggling to switch to a new payments provider, despite the majority being open to...
