For businesses that need a small to moderate amount of funding for start-up costs, getting a personal loan may be easier than getting a small business loan. Because many small business ventures are prone to failure and the assets of the business often secure the loans, most banks have stricter lending policies for small business [Click to read more..]
The economic world is changing and has been over the last few years. As we left the 90’s and entered the new millennium we were firmly in the digital age. The Internet was now part of our lives and commerce was being done through digital form for the first time (well efficiently anyway). The new [Click to read more..]
ARTICLE SUMMARY Many companies might be put off taking out credit insurance. However, credit management is not just about dealing with situations when they go wrong. Taking control of your business’ finances can have positive effects on your bottom line. We are still in the middle of a fluctuating economy, where even big name companies [Click to read more..]
In the current global economic crisis, both retail as well as institutional investors are found to be acting against their strategic interests. According to financial analysts, a good number of investors are making decisions that do not go at all with their investment goals or plan. The revelation comes from the assessment made by the [Click to read more..]
Mobile banking is a great tool for small businesses to access and keep track of their funds. However, when your mobile bank account is made easily available on your smartphone or other device, the risk of fraud or identity theft naturally increases. Because so many individuals are taking electronic banking to the mobile phone as [Click to read more..]
A major pain point of the banking industry is the challenge of how to penetrate the Bottom of the Pyramid (BoP), a concept which was popularized by Prahlad [3]. This indeed is a sizeable market, consisting of 2.5 billion people who live on less than US$2.50 per day. Technology is being heralded as a major [Click to read more..]