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Industry Outlook
Citi | January 12, 2022
Citi today announced that it intends to exit the consumer, small business and middle market banking operations of Citibanamex as part of its strategic refresh. Citi will continue to operate a locally-licensed banking business in Mexico through its global Institutional Clients Group. Citi has operated in Mexico for more than a century and the country will remain among Citi’s top institutional markets outside of the U.S. Citi will continue to invest in and grow those institutional banking op...
Avalara | August 25, 2022
Avalara, Inc, a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced a new partnership with Xero, the global small business platform, that will provide accountants, bookkeepers, and small businesses with a new sales tax automation solution. The new partnership will bring advanced sales tax workflows and management directly into the Xero platform, enabling advisors and business owners to automate sales tax calculations, reporting, and filing.With ...
The Canadian Chamber of Commerce | June 30, 2020
The Canadian Chamber of Commerce and Salesforce today announced 62 businesses received the $10,000.00 grant from the Canadian Business Resilience Network Small Business Relief Fund. “Reviewing the applications was both heartbreaking and inspiring, We saw how seriously small businesses across Canada have been hurt by the pandemic, but we also saw how determined these entrepreneurs are to preserve their employees’ jobs and to serve their customers and their communities. But today is a ...
Business Strategy
Funding Circle | August 17, 2021
Funding Circle, the small business loans platform and Congressional Bank, a bank headquartered in Maryland, have today announced an extension of their existing lending partnership to provide more capital to small businesses across the US. The second phase of the partnership will significantly expand Congressional’s purchase of loans through the Funding Circle platform. By utilizing Funding Circle’s technology and powerful risk models Congressional benefits from a highl...
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