Why bank wires need to be retired Did you know that the bank wire method for transferring funds is based on decades-old technology? This is one of the reasons it’s slow and cost-intensive. The good news is that there are alternative payment methods that use modern infrastructure to transfer funds with low transaction fees and faster processing times. Let’s take a look [...] https://ablii.com/why-bank-wires-need-to-be-retired/ 15 Finance terms every small business owner should know Being a business owner, you have to wear many hats. Especially when it comes to finance, the number of accounting terms and acronyms may feel overwhelming. You may not enjoy talking finance, but understanding these concepts are crucial to your success. We are here to help! We’ve compiled a list of the top terms you [...] https://ablii.com/15-finance-terms-every-small-business-owner-should-know/ COVID & CORE banking hours in Canada It’s been an extremely challenging time for small businesses. Cash flow issues and reliance on government funding have become the new norm. We’ve received feedback from our customers that have struggled with the digital options available from the banks, such as remote deposit capture and ATMs, as these options only accept checks up to a [...] https://ablii.com/covid-core-banking-hours-in-canada-2/ How to create a great customer experience Customer experience refers to interactions between a customer and a company throughout their business relationship. The secret to keeping customers satisfied is to deliver great experiences at every customer touchpoint. It’s critical to remember that customer experience does not begin and end with a sale, but includes any interaction they have with your business before, [...] https://ablii.com/how-to-create-a-great-customer-experience/ Payments from Canada to India are live! Toronto, ON – Ablii, a self-service online payments platform for businesses, is proud to announce that it’s expanding with remittances to India. Now businesses in Canada can send cross-border payments to India as well as the U.S., in addition to domestic payments. nanopay Corporation launched Ablii in the summer of 2019 to replace traditional payment [...] https://ablii.com/payments-from-canada-to-india-are-live/ Protecting your small business from occupational fraud March is Fraud Prevention Month, an annual public awareness campaign aimed at helping educate the public, and providing the tools and resources businesses need to defend themselves against fraud. However, businesses are the target for many kinds of fraud, and small businesses are particularly vulnerable. Which is why we decided to take this opportunity to [...] https://ablii.com/protecting-your-small-business-from-occupational-fraud/ How to build your personal brand as an entrepreneur Building your personal brand helps you nurture trust in your target audience, showcase yourself as an authority in your field, get featured in online and print media, and build a community. However, personal branding and business branding aren’t the same things. A business brand is built around how you want your business to be identified [...] https://ablii.com/how-to-build-your-personal-brand-as-an-entrepreneur/ 3 payment trends to watch for in 2020   A new decade is upon us, and the payments landscape is changing FAST. Here are our 3 payment trends to look out for in 2020.   Shifting focus from P2P to B2B   Peer-to-peer (P2P) payment services have become increasingly popular, especially in the U.S., as companies like Zelle and Venmo have become household [...] https://ablii.com/3-payment-trends-to-watch-for-in-2020/ Learn about ACH payments In this post, we’ll take a look at what ACH payments are and how your business can benefit from using this mode of payment.   What are ACH payments? Automated Clearing House (ACH) payments are an electronic transfer of funds between banks. These payments are transferred through the United States ACH network, which connects thousands [...] https://ablii.com/learn-about-ach-payments/ 4 accounting tips for small business owners To run a successful business, you need to keep your books up to date. That being said, entrepreneurs often struggle in this area, and risk falling behind when focusing on growing their small business. But good news! There are some tried-and-tested tips that can help you stay on top of your company’s financial health and [...] https://ablii.com/4-accounting-tips-for-small-business-owners/