SMEs

76% of small businesses feel well-equipped to survive a recession

The majority of US small business owners (72%) are concerned about the impact of a potential recession, however, 76% are confident their business could withstand the downturn, according to the Bank of America 2023 Small Business Owner Report (PDF). The...

Emirates Development Bank and Emirates Islamic to support SMEs in the UAE

Emirates Development Bank (EDB), a key financial engine for the economic development and industrial advancement of the nation, and Emirates Islamic, one of the leading Islamic financial institutions in the UAE, have announced the signing of a Memorandum of...

Top tips to drive financial inclusion and better cash management for SMEs 

Cash flow management is crucial to ensure that small businesses – often operating within tight margins – can run effectively and efficiently. From the basics, to top tips on how you can improve, Ralph Rogge, CEO and Founder, Crezco, highlights...

Carbon transforms into a full-service bank on Mambu

Carbon Finance, a Pan-African microfinance bank, has announced it has extended its partnership with Mambu to continue growing its financial services offering and accelerate expansion. The agreement enables Carbon to offer the full-spectrum of...

Suryoday Small Finance Bank implements Infosys Finacle

Infosys Finacle, part of EdgeVerve Systems – a wholly-owned subsidiary of Infosys – and Suryoday Small Finance Bank (SSFB) have announced the successful implementation of the Finacle Core Banking Platform and Finacle Treasury...