Monzo Bank has launched overdrafts for account holders after the challenger announced it had reached a milestone of 500,000 customers just one month ago.
In his latest Blockchain Bytes column, Barry James looks at why Bank of England governor Mark Carney made headlines last week with his speech on the future of money – headlines which made very different reading from his published speech.
High street bank NatWest has announced a new £150m fund specifically for women-led SMEs throughout the UK, marking International Women’s Day 2018, on 8 March.
Recently published research states that 58 per cent of SME owners think the impact of modern-day invoice fraud on their business would be minimal and that they would lose only a small amount of money if they were targeted. Sadly, this confidence is misplaced.
Contactless payment cards featuring finger-reading biometric sensors have now been introduced in what’s billed a “world’s first”, which could make shopping faster and more secure than ever.
Small business owners have voiced concerns over bank branch closures, poor customer service and a lack of understanding about SME requirements.
In the firmament of Brexit debate emerges an article by Haakon Overli, founding partner of Dawn Venture Capital, published in the Sunday Telegraph. It argues that the use of blockchain can and should be the bedrock for the post-Brexit environment.
You want to grow a business or launch a new project, but banks and venture capitalists won’t give you the time of day – it’s a common predicament.
Despite a positive turn of events for asset finance, more than a third of small and medium-sized business owners try to avoid borrowing money at all costs
All businesses have costs, and sometimes getting a scale-up off the ground requires a cash injection. Not everyone is lucky enough to have the bank manager on their side though – so where else can you turn?
With the general election taking place on 8 June, the owner of business bank OakNorth has discussed what would earn his vote on the day, as well as other developments on the entrepreneurial radar.
It takes a lot for me to get even mildly excited about a bank these days. But a bank that ‘just works’ for an SME stays out of the way, and doesn’t issue time fines or patronise you? Now that’s a little different.