SMEs makeup 99% of all UK private companies and 60% of the workforce, totalling 5.5M in number at the end of 2018. They also contribute £6.5bn in revenue to the UK economy.
These people and businesses are what keep nations running. The inefficiencies within their financial systems – which we in financial services have the power to fix – impact our economies. And they deserve better. This Campfire focuses on what banks and other financial institutions can do to solve some of the biggest challenges they face, including late payments. Hint: It’s going to take honest conversations and open minds to make a change.
Don't miss out, sign up today: https://campfires.openbankingexcellence.org/campfires/banking-made-easier-for-small-medium-businesses/