It’s time to stop retrofitting generic corporate platforms for SME needs
For long, SME banking has been ‘bundled’ into ‘Corporate Banking’ or ‘Retail Banking’, thanks largely to the market perceiving SMEs as a lower-margin, higher-effort segment. The documentation burden is real, and the credit risk is harder to assess than it is for a large corporation with audited financials. No wonder, the abandonment rates during digital […]