Avoid Letting Employees Use Personal Bank Cards For Your Business Expenses
Some SMEs allow employees to use personal bank cards for work-related expenses, reimbursing them later. This practice not only burdens employees but also increases the workload for the accounting team, making it harder to track expenses and manage the company’s finances efficiently. How does this impact your business on various levels? 1. Financial Level: Some […]
Exploring the Relationship Between Banks and Fintech Companies: The Importance of Collaboration
In recent years, the financial technology (fintech) industry has rapidly gained prominence within the financial sector. This emerging industry has significantly reshaped the traditional banking landscape that customers have been accustomed to for decades. As technology continues to transform and streamline conventional banking processes, customer preferences and expectations have evolved dramatically. Today, banks are no […]
4 Types Of Partnerships Between Banks and Fintech Companies
The rise of fintech companies has put pressure on traditional banks to innovate and evolve to remain competitive in the financial sector, as customers now have aspirations and expectations beyond conventional financial services, whether for individuals or businesses. This significant presence of fintech in the financial industry is reshaping the competitive landscape and compelling banks […]