A new study by Jack Henry reveals that while most small and medium-sized businesses (SMBs) are optimistic about their financial situation, there are significant confidence gaps, especially among startups. The study highlights opportunities for banks and credit unions to strengthen relationships with SMBs by providing better support for cash flow and income tracking, which are critical for business satisfaction and growth. Jack Henry’s solutions like Tap2Local™ and Rapid Transfers aim to embed modern payment capabilities directly into digital banking experiences, offering easy and secure ways for SMBs to manage their finances.
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Jack Henry Study Reveals Confidence Gaps and Growth Opportunities for Small and Medium-Sized Businesses
A new study by Jack Henry reveals that while most small and medium-sized businesses (SMBs) are optimistic about their financial situation, there are significant confidence gaps, especially among startups. The study highlights opportunities for banks and credit unions to strengthen relationships with SMBs by providing better support for cash flow and income tracking, which are critical for business satisfaction and growth. Jack Henry’s solutions like Tap2Local™ and Rapid Transfers aim to embed modern payment capabilities directly into digital banking experiences, offering easy and secure ways for SMBs to manage their finances.