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LendIt Fintech Releases New White Paper on Small Business Banking

New 22-page white paper explores the next frontier of fintech innovation: small business banking

January 16, 2019 By Peter Renton Leave a Comment

Views: 377

Much has been written about the innovations in consumer banking and how fintech has changed the retail banking landscape dramatically in the past decade. This rapid pace of change is about to hit small business (SMB) banking. So, here at LendIt Fintech we decided to produce a new white paper completely focused on SMB fintech innovation.

In the white paper we focus on a number of themes including:

  • Accelerating innovation in the small-to-medium-sized- business banking market
  • SMB expectations for enhanced services
  • Bank and fintech strategies to serve this market
  • Mobile banking designed for SMBs
  • A vision for the future of SMB banking

Our research team conducted numerous interviews with senior executives at a variety of banks and fintech platforms. They also analyzed product launches and partnerships from scores of global financial institutions including JPMorgan Chase and Wells Fargo.

The small business banking landscape is set to change as new tools become available and SMB owners adjust their expectations based on the consumer friendly products they see in retail banking. No longer satisfied with the banking services rooted in the 20th century SMB owners are driving change. But they don’t want everything automated they want a combination of high tech and high touch.

You can download the 22-page white paper here.

Filed Under: Announcements Tagged With: innovation, small business, small business lending, white paper

Views: 377

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ABOUT LENDIT FINTECH NEWS

LendIt Fintech News, Powered by Lend Academy, has been bringing you all the news and information about fintech and online lending since 2010 when it was founded by Peter Renton. We not only have the industry’s most active news site, but also the largest investor forum and the first and most popular podcast.

We are a team of fintech enthusiasts who have been covering the industry for many years. With a deep knowledge of online lending, digital banking, blockchain, artificial intelligence and more our team covers the daily news and writes in-depth editorials.

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