Addressing a global problem
How can banks become trusted advisors to small businesses?
A lot of focus has been placed on SMEs who have long been neglected by banks and whilst banks have attempted to react, it feels more like a sticking plaster fix rather than the major overhaul that is required.
Our white paper examines the threats and provides banks with a suggested path to the promised land of trusted advisor to SMEs.
The transformative path will take banks from being a transactional product-based organisation into a customer-centric workflow-based platform that puts them at the heart of a business and cements their position as the essential component of their customers’ day-to-day business operations.
Overview
Embedded banking offers a huge opportunity for banks to take advantage of an increasingly open financial services ecosystem. Learn more about:
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Why small business banking is in need of a major overhaul
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SME relationship banking in the 21st Century
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SMEs are the backbone of the global economy
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Do banks really understand the needs of SMEs?
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Collections and late payments
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The impact of Covid-19
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Working capital finance
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Regulations, mobile and APIs
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What is embedded banking?
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Think like an SME not a bank
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How should banks respond?