BMO launches small business banking platform

BMO has introduced a new digital platform designed to assist small and medium-sized enterprises (SMEs) and emerging middle-market companies with their banking needs. Recognizing a gap in the market where digital banking solutions often overlook this crucial business segment, BMO aims to provide tailored tools for owners and their growing teams. This initiative seeks to streamline everyday banking operations, offering a more specialized service compared to the broad consumer or large enterprise focus of many other U.S. banks.