Fast, nimble and digital: SMEs and why banks have to get up to speed

In the last few years, digitisation has had a profound impact on how SMEs do business. Mobile technology, in particular, is transforming the way that SMEs source, produce, market and sell their products. The pace of change is also accelerating, with mobile phones widely predicted to become the preferred consumer payment device within just a few years. Not surprisingly, all of this has changed what SMEs need from their financial service providers, ushering in a new age of SME Banking.