Patrick True
Aug 7, 2020

A strong execution strategy can help banks from being overwhelmed, as well as create efficiencies for the institution and a better experience for customers.

Cash is the original real-time payment.

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Small businesses represent banks’ best opportunity to grow deposit balances, improve spreads and obtain overall superior relationship profitability.

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Banks know, perhaps all too well, the growth strategy of targeting small-to-midsize business clients (SMBs) to win over more of their fee-generating accounts.

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There exists a world of criminals who hide behind thousands of shadowy companies.

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Not Supported The banking industry knows by now that it’s missing major opportunities to tap the small business lending market.

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In today’s competitive lending environment, a leading temptation for financial organizations is this: to focus on interest rates and terms to secure the small business customer.

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Growth remains a universal, timeless goal for financial institutions and many pursue loan growth to offset rising compliance costs and maintain profits.

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More and more, transparency occupies the online lending industry spotlight—but it’s no highlight.

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It’s little wonder that small businesses mean big business for today’s banks and credit unions.

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There are 28 million small businesses in the United States.

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