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United Commercial Bank Limited Joins 150 Other Financial Institutions to Promote SME Finance

Washington, D.C. December 11, 2018 – United Commercial Bank (UCB) Limited became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. 

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JD Finance Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. December 3, 2018 – JD Finance became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. “200 million businesses worldwide need financing...
HCM Capital Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. November 27, 2018 – HCM Capital (HCM) became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. “200 million businesses worldwide need...
Member News: DBS and Go-Jek Partner to Launch Payment Services
SME Finance Forum member DBS is working with Go-Jek to launch an app in the coming weeks focused on payment services. According to the article, DBS customers in Singapore will benefit from the upcoming beta-ride hailing services. “As Singapore’s leader in payments with over four million debit and credit cards in circulation and ‘DBS PayLah!’ being...
Member News: DBS Launches New Digital Payment Solution for SMEs
SME Finance Forum member, Development Bank of Singapore (DBS) launched DBS MAX, a mobile-based QR code payment tool that allows SMEs to receive payments from consumers and business partners. According the article, the tool was created to encourage the implementation of ePayments among SMEs and solve SME-related issues managing cash flow and...
Member News: BBVA Releases New Services in the U.S.
SME Finance Forum member, BBVA launched a full suite of Banking as a Service (BaaS) products in the U.S. through its open platform initiative. According to the article, the initiative enables third parties to integrate payments and complementary banking services into their own business models to create ideal user experiences. “The past six months...
Member News: Mastercard Partners with Zoho to Launch ‘SME in a Box’
SME Finance Forum member, Mastercard collaborated with cloud solution provider Zoho, to provide ‘SME in a Box.’ The solution provides easier payments, manage GST compliance and back-office operations. According to the article, the new solution will allow 73 million SMEs in the country to receive or make payments through all digital forms including...
Member News: DBS Promotes Customer-Use of PayFast, Instant Transaction System
SME Finance Forum member DBS, is encouraging customers to use a newly launched mobile banking platform, PayFast, which is supported by Faster Payments System (FPS). The system allows customers to take on transactions instantly and around the clock. Customers are able to utilize phone numbers and email addresses to move funds without transaction...
Member News: Standard Chartered Bank Presents New Card-Less Transaction System
SME Finance Forum member Standard Chartered Bank is providing customers with a card-less withdrawal function at ATMs. According to the article, the bank spent over Sh200 million to upgrade its entire ATM network converting the machines to advanced Cash Deposit Machines (CDMs). According to David Idoru, Head of Retail Banking, a customer will be...
Member News: Xero Partnered With Tyro, Australia’s Business-Only Bank to Enhance Its EFTPOS Solution
Tyro is able to offer flexible, same-day settlement and payroll integration to benefit Australian SMEs, due to SME Finance Forum member Xero’s accounting software. Tyro has deleted an extra step of separately processing payroll, instead merchants can submit their information directly through Xero, which is linked to a Tyro Smart Account, according...
Mastercard, South Indian Bank Partner on Card Accepting Kit
SME Finance Forum member Mastercard and South India Bank will together launch ‘Merchant in a Box’ an integrated card accepting kit for merchants and SMEs. The kit includes a branded business debit card and the Bharat QR service, along with instant access to bank accounts and the acceptance of digital payments, according to the article. Rajeev...