Showing posts with label SME. Show all posts
Showing posts with label SME. Show all posts

Wednesday 5 April 2017

Gaining A Digital Competitive Advantage

From Bank Director -

Is your bank meeting the expectations of its small business customers?

Friday 15 January 2016

UK banks charge SMEs £4bn in hidden international money transfer costs per year – Study


From Bobs Guide –

“A new study has found that UK banks charge small and medium sized enterprises (SMEs) nearly £4bn in hidden transfer fees each year to make international payments. 96% of these fees are hidden from the customer using the exchange rate offered. This is the first time that a study into the actual rates charged by banks has been conducted.

International trade is worth over £700bn to UK SMEs according to McKinsey & Co and recent figures from Oxford Economics show that the number of SMEs doing business in more than six countries will increase 129% in the next three years. 50% of all UK SME international trade is with Europe.”

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Friday 30 August 2013

Banks target larger companies for mobile services

From Mobile Payments Today

“Many U.S. banks have been quicker to offer mobile banking services to their consumer and small-business clients than to larger middle-market and corporate customers. But with customer demand rising significantly, the race is now on among the top 50 U.S. banks to roll out corporate mobile banking, according to a recent Aite Group report.

For the company's "Corporate Mobile: Gaining Momentum" study, Christine Barry, Aite Group's wholesale banking research director, surveyed 32 U.S. banks with more than $14 billion in assets, representing approximately the top 50 U.S. banks ranked by total assets. The survey, conducted in June, excluded small-business mobile banking and focused solely on middle-market and corporate mobile banking.”

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