| Faster Payments Tracker⢠|
| TRENDING: Lyric Financial Moves Songwritersâ Finances To A Faster Beat The global music industry is expected to generate $57 billion in 2021. But those artists creating the songs can struggle to stay afloat while waiting for royalties. In the Faster Payments Tracker, Lyric Financial explains how it quickly provides royalty advances to cut the wait, with same-day ACH transfers in the U.S. and integrations supporting direct ACH internationally. |
| Barclays Completes âRing-Fencingâ Overhaul In Post-Crisis Reforms Barclays announced the completion of its ring-fencing initiative, a process that separates its retail unit from its investment arm as required for top U.K. banks under new rules coming into effect on Jan. 1, 2019, aimed at preventing another taxpayer bailout of âtoo big to failâ institutions. It took $1.4 billion and three years to complete, but Barclays says ring-fencing could strengthen its small business banking services. Critics have their doubts, however, especially as the threat of a more disruptive breakup looms. |
| | SMB Finance | | Solving For The Unknowns In Small Business Banking Small business banking is in need of an overhaul, as the threat of FinTech disruption and SMBs' willingness to switch providers have institutions waking up to the demand for better services. The problem, however, is that innovators are still trying to figure out how to achieve "better," and there are a lot of unknowns as to how tech like blockchain and faster payments will actually change the industry, says Salman Mahmood, CEO of BleuPage. |
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