Small Business Owners Still Suspicious Of Open Banking – Survey

Minutehack | January 13, 2020

Most owners of small businesses are wary about sharing their data electronically, holding back the rollout of open banking which makes it easier to manage their money. Fewer than one in seven business owners questioned by the Federation of Small Businesses (FSB) said they were sharing the details of their business bank accounts with third parties. It means that most businesses are not getting the benefits of open banking, which puts invoice, cash flow, payroll, utilities and tax data all in the same place, the FSB said. “We’re two years on from the introduction of open banking but very few small firms have reaped any benefit from it,” said FSB chairman Mike Cherry.

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EBLUXE HAIR, A SMALL BUSINESS WITH A BIG HEART

EBLUXE HAIR | December 20, 2022

The generosity of one small business has warmed the hearts of many. This holiday season EBLUXE HAIR held their first annual "Nominate a Family in Need" campaign and was able to give back over $1,000 to those within their community. The gratitude we received was priceless, This is something we want to continue in the future, and with the support of sponsors and donations we can have an even greater impact next year. owner Tee Johnson. It is such a good feeling to be able to give back," added Johnson's daughter Sierra. "I know there are individuals who are struggling; it is truly liberating to know that we were able to make their holiday better.We commend this small business owner for their generosity and applaud them for having a giving spirit. Their act of kindness is a reminder of what the holidays are all about. EBLUXE HAIR & EBLUXE CARES The mother-daughter duo behind EBLUXE HAIR continues to provide consumers with Hair Extensions that are like no other and are of the highest caliber. Their recently founded non-profit EBLUXE CARES, is a 501c3 whose mission is to empower teens and cancer thrivers (those living with cancer) to rediscover what it means to live, while learning to celebrate and accept oneself completely.

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