Small Enterprise Magazine – August’21 Issue : SME Banking & Finance

Today the emergence of non-bank/FinTech startups is shifting the competitive landscape in financial services, compelling conventional institutions to redefine the way they do business. With the increasing data breaches and intensifying privacy concerns, regulatory and compliance needs have become more restrictive. There are many banking industry challenges that can be resolved using technology that’s caused this disruption, but this transition from legacy technologies to innovative ones hasn’t always been an easy one. In fact, banks and similar institutions need to embrace digital transformation to survive and thrive in the current…

Start-Up Funding Challenges and Types

Building your own company is exciting, but it can also be hard, and it requires investment, a lot of it. Finding funding has and always will be a challenge for any start-up, but having adequate financial resources is critical to your company’s ongoing success. Innovative products and business models are the foundations of a promising start-up. However, you’ll also need a steady flow of funds, especially in the early stages, to turn those ideas into reality. Funding is crucial for improving technology, hiring the right people, and launching a comprehensive marketing strategy…