Mexican banking FinTech albo is now offering business banking services in addition to the individual services the company has provided previously, according to news site Contxto. The service, called albo empresas, or albo business, attempts to address the problem of businesses losing time by making payments. Through albo empresas, businesses...
SDF Invests $550K In SatoshiPay For B2B X-Border Solution
The Stellar Development Foundation (SDF) has made a $550,000 strategic investment to go toward SatoshiPay‘s development of a B2B cross-border payments solution and its digital wallets, according to a press release. SDF’s investment came by way of convertible loan notes and was the third investment the foundation has made in...
Aion Bank’s BusinessMax Offers Digital Solutions For SMBs
Aion Bank’s newly-launched BusinessMax aims to generate high-quality digital banking services for small and medium-sized businesses (SMBs), according to a press release. The Belgian challenger bank says the program will be “fully digital” from start to end, and everything from account setup to loan applications and approvals can be handled...
American Express Canada Introduces Offers To Support SMBs
In an effort to bring greater value to its small and medium-sized business (SMB) card members, American Express Canada is debuting limited-time offers as well as solutions. The company said that the changes seek to tackle the evolving requirements of today’s businesses, with the inclusion of modifications to spending habits...
Italian Bank Intesa Sanpaolo Inks Supplier Financing Deal With Gucci
In a move that bolsters financing for the supply chain of Gucci, Intesa Sanpaolo has inked a deal with the luxury goods group to ease financing for small companies that supply the firm. The Italian retail bank said it would apply the financing conditions that Gucci receives to its suppliers,...