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NFIB Weekly News

NFIB Weekly News Business Climate

Seed Expects Banks To Begin To Listen To Small Businesses. (01/09/2018)

PYMNTS (1/3) wrote that many “waves in the evolution of banking and financial services appear to have roots, at least partially, in the small and medium-sized business (SMB) community.” Indeed, FinTechs “have stepped onto the market in the last decade with products designed specifically for small business owners that aren’t having their needs met by banks, and this has also led to a new trend of FinTechs and banks working together to service joint SMB clients.” SEED CEO Brian Merritt “said there are changes ahead for the SMB financial services market.” In particular, he expected banks will “learn to listen to SMBs.”