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Small Firms Demand Higher Speed, Lower Costs In Global Payments

PYMNTS

. “These are all issues emanating from the traditional correspondent banking infrastructure,” explained Banking Circle CEO Anders la Cour at the time. The launch for SMBs certainly reflects the game of catch-up that firms often play, following consumers’ payment and technology adoption habits.

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Why SMBs Should Look Beyond High Street For FX Needs

PYMNTS

Once an SMB is willing to consider working with an alternative financial service provider on its FX needs, there is still confusion that remains about the right foreign exchange products an SMB should deploy — and it may still inadvertently be relying on the same legacy global payment tools traditional FIs deploy.