BNP Paribas beats Q2 expectations, Onymy Infocomm eyes India SME cash management, and Congress probes Kaspersky Labs.
| | | | BUSINESS TO BUSINESS EDITION | | Facebook Messengerâs Missing âMâ
Facebookâs earnings last week were a hit but underlying the great news, were questions about Messenger, how it will make money and itâs potential to fill Facebookâs revenue hole as it runs out of places to show ads inside the news feed. Karen Webster says that Messengerâs ambitions to do that by becoming âthat one placeâ that brands and people use to discover each other and do business faces a long, tough slog. Almost as tough as the business analogy Messengerâs chief, David Marcus, used last month to describe Messengerâs overarching vision: to become the âYellow Pagesâ for mobile.
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| Small Business, Big Banking Not A Winning Combo, Survey Finds
Sure, big banks have increased their loan approval rates for small business borrowers. But according to a new report from FIS, SMEs are frustrated with their big banks for other reasons. With more entrepreneurs using non-bank apps for B2B payments and mobile capabilities, the risk for the world's top 50 banks of losing their small business client base is growing, researchers warn.
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| | Cash Flow Management | | Why Indian SMEs Enduring Finserv Disruption Will Reap The Benefits
In India, small businesses are in the midst of major disruptions to the financial services industry. Demonetization, the push towards a cashless society, and tax reform are all forcing SMEs to examine the role ePayments and eInvoicing play in compliance and better cash flow management. According to Muali Krishnan, MD & CEO of business automation company Onymy Infocomm, these initiatives may be a challenge, but they can lead to a far healthier small business community for India. Read More... |
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