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Posts tagged with "Small Business"

04/10/2014

Business payments – the journey from paper to ePayment

Regardless of what you are hearing about checks declining, businesses in the U.S. still pay half of their bills by check, according to a September survey by the Association for Financial Professionals. While its down from the 2007 numbers (74%), the rate of decline has and is slowing which suggests that there are some stubborn…

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03/20/2014

Bridging the gap between paper checks and online payments

This is an exciting time to be in the payments industry. Events like Finovate are loaded with new ideas on how to innovate within the financial services space. Although most of these innovations are focused on the consumer, three out of four businesses with less than $10 million in revenue continue to make the majority…

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03/17/2014

Can community banks compete on commercial lending?

It’s been a long winter across most of the country but the deep freeze finally appears to be ending and a thaw has arrived. The same can be said for the commercial lending business, although the cold winter community banks have experienced lasted much longer than a few months. Yet, for the first time in…

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02/06/2014

Key to attracting SMBs is right under your nose

Every financial institution is looking for ways to attract more customers, especially small business owners. It’s no secret that small businesses offer great opportunities for loans and other income generating offerings. Not every financial institution understands just how to attract these SMBs. Mobile very important to small business owners New findings from The ath Power…

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01/30/2014

For payments, small businesses prefer evolution to revolution

Now is not the time to turn your back on the good old business check. Sometimes it might seem as though checks have no future and no longer provide the utility necessary to keep up with today’s fast-paced economic climate. I can assure you that’s not the case. I’m not going to argue that check…

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01/10/2014

Bank Focuses on Businesses Using Entrepreneurial-Style Idea

Business accounts tend to be profitable, so many financial institutions actively prospect for them. Here’s what one bank is doing to help startup businesses that not only benefits the entrepreneurs, but will likely increase account openings for the bank. The bank’s idea is like something you’d expect from the entrepreneurs it intends to help. Downtown…

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07/29/2013

Is the Sky the Limit for Free Transactions?

During my vacation, I was reintroduced to a bit of nostalgia. It was a set of green paper certificates that looked something like this… I used them for buying lunches and for small purchases like postcards. I’ve been buying with plastic for a long time, so these wallet-size certificates called money seemed a bit retro….

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