Summer months are here and strategic planning season is upon us!

Below you'll find recent articles & statistics that can guide executives through strategies to drive growth through their small business relationships!

Small businesses are ready to switch! 🏦

Help your financial institution keep your business customers with you & stand out with the insights they desperately need. A recent Datos Insights report highlighted several key trends in the SMB segment: Leading US Providers of Digital Small Business Banking »

• 37% of small businesses say they will “definitely or probably” switch FIs within the next two years
• 85% of small businesses would like their online banking sites to integrate more tightly with their accounting systems
• 75% of small businesses go beyond their FIs to meet at least one financial need

Market Leaders are integrating offerings to win the SMB Segment

As banks look to stay competitive, Oracle notes that "SMB Banking can be key to market leadership!" In fact, the authors see such potential they note "the time is now for banks to double down to leverage the opportunities of SMB banking"! Blog Post »

Industry Articles

Some recent industry highlights in SMB Banking

• How U.S. Bank is becoming the re-bundler of SMB financial services, ft Shruti Patel  [Tearsheet]
• Lili Launches BusinessBuild Program to Empower Small Businesses to Build Their Credit Profile [Business Wire]
• Xero and Plaid Team to Improve Small Business Banking Access [PYMNTS]
• Small Business Economic Trends [NFIB]
• Big Banks Are Upgrading Their SMB Offerings. Why Community Banks Still Have the Edge [Financial Brand]

Upcoming Events

Our team will be attending and/or presenting at the upcoming events and would love to connect! Reach out to Max Koenig, VP of Sales.

• August 12 - 13th: William Blair Insurance, Banking, & Wealth Tech Conference Virtual
• September 3 - 5th: JAM Fintop Summit Nashville, TN
• September 8 - 11th: Jack Henry Connect San Diego, CA
• September 17th: Mass Bankers Connect Framingham, MA
• October 15th: Datos Insights' Commercial & SMB Banking Forum New York, NY
• October 19 - 21st: ABA Annual Convention Charlotte, NC
• October 26 - 29th: AFP 2025 Boston, MA

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