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The Financial Technologies SMEs Aren’t Using

PYMNTS

24 percent of SMEs don’t use social media for their businesses , found the latest analysis from B2B ratings and reviews company Clutch. The statistics were published last week from BDRC Continental, which surveyed 100,000 U.K. small businesses.

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Trulioo Adds Leigh Ramsden As New Chief Financial Officer

PYMNTS

Trulioo President and CEO Steve Munford said in the release that Ramsden's "expertise in building out financial technology infrastructure and optimizing financial performance will help guide us on a continual growth trajectory.".

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 FinTech Collaborations and Frameworks Gain Steam in Asia

PYMNTS

As the site reported, the plan states that stronger FinTech risk controls should be in place, and adds that FinTech can help improve the quality of financial services through the country. Fujitsu has noted that there has been a shortage of data specialists that can provide credit analysis in the country.

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These Are Your Most Profitable Cash Management Clients

South State Correspondent

The value driver in cash management is that it is usually some sort of operating account at the bank. As such, operating accounts have low-interest rate sensitivity. We have also included the IBIS World 2024 risk ratings to provide some context for the credit and operating risk of the counterparty.

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SMB Funding Embraces The Open Banking Way

PYMNTS

This week, Visa revealed the rollout of its Visa Fintech Partner Connect initiative in Europe, an effort aimed to connect FIs and merchants with a range of new financial technologies and capabilities via FinTech partners.

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Small Biz FinTech Leads End-Of-Summer B2B VC

PYMNTS

But it was a Singapore startup building out a holistic suite of small business financial services that landed the largest round this week, by far. Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week.

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Where APIs Fall Short On Corporate Finance Integration

PYMNTS

It is, in part, why businesses are digitizing and adopting technology, as they look toward software solutions that can unlock information more quickly. With more on-premise and cloud-based solutions operating in the back office, enabling all these systems to communicate and share data with each other is not a given.

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