Are you ready to win a greater wallet share of the SMB market?
In developing economies, SMBs contribute to 33% of the GDP and proving to be the backbone of the global economy—and they generate $850 billion as revenue worldwide, which is 20% of total global banking revenue, with no signs of slowing down: an additional 7% growth forecasted through 2026.
However, 2020 is just around the corner, and large corporates and SMBs alike need deeper business insights, tools that can help them stay relevant in their markets. While these SMBs want to scale new heights, explore new markets, and find innovative ways to serve their consumers, yet they are underserved by their bank’s today.
Digital disruption is causing unprecedented flux within the transaction banking ecosystem, making way for regional and local banks to claim a more significant share of the market than ever before. Banks need to revamp legacy banking landscapes and create a connected customer experience—one that is at once modern, intuitive, reliable, fully integrated, and scalable.
In this new white paper produced, we explore:
- Key differentiators to win a greater wallet share of the SMB market
- Checklist of best practices for implementing a customer-first transaction banking solution
- How to empower transaction banks to lead the future of SMBs with digital transformation