Search Results for: small businesses

Banking Fintech News

Small Business Loan Approval Rates at Banks Fell in August 2020: Biz2Credit Small Business Lending Index™

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) and small banks dropped slightly in August 2020, an indication that the upward trend that began in May has plateaued, according to the Biz2Credit Small Business Lending Index™ released today. “PPP loans came to a halt on August 8, and......
Redd Announces New Vision, Rebrand as a Source of Global Change for Good
Fintech News

Prepaid Cards Play Important Role in Improving Financial Inclusion for Individuals and Businesses Alike, According to Experts at KBL Holdings

Fintech News Desk
by Fintech News Desk0
The numbers don’t lie. The global market for prepaid cards is expected to reach $3.1 trillion by 2022. The FDIC meanwhile estimates that approximately 51 million Americans who have a bank account supplement that with financial services like a prepaid Visa and Mastercard. And the number of consumers who use......
Concerned about their businesses, middle market customers are reassessing their insurance needs; but struggle understanding their coverage
Fintech InsurTech News Uncategorized

Concerned about their businesses, middle market customers are reassessing their insurance needs; but struggle understanding their coverage

Fintech News Desk
by Fintech News Desk0
Agent Authority: Middle Market Business Owners seek personalized counsel they can rely on Nearly 8 in 10 middle market business owners are concerned about making it through the economic downturn, and they’re reassessing their businesses’ insurance needs as a result, according to new Agent Authority research from Nationwide*. Although owners......
AXIS Partners With New MGA AllDigital Specialty to Launch Online Platform for Small Business Management Liability Market
Business Fintech InsurTech News

AXIS Partners With New MGA AllDigital Specialty to Launch Online Platform for Small Business Management Liability Market

Fintech News Desk
by Fintech News Desk0
AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Limited, and AllDigital Specialty, a de novo MGA, announced a partnership to develop and launch a new insurance platform designed to address the service void in the U.S. small private company management liability market. AllDigital utilizes low-touch/no-touch technology that......
Biz2Credit Partners with Sage to Expand Clients' Access to Small Business Loans and Financing
Business Fintech Fintech Funding News

Biz2Credit Partners with Sage to Expand Clients’ Access to Small Business Loans and Financing

Fintech News Desk
by Fintech News Desk0
Biz2Credit announced that it has launched a partnership with Sage (Sage.com) to provide business financing capabilities to their Sage Accountants Network (SAN) and small business clients. Through this deal, clients of accountants in the Sage network will gain access to capital through Biz2Credit’s small business funding platform, which has arranged......
Banking Fintech News

First Bank & Trust Company Ranked Among Top Lenders by U.S. Small Business Administration District Office

Fintech News Desk
by Fintech News Desk0
Small businesses throughout Virginia and Tennessee are receiving much needed assistance from the Small Business Administration, thanks to First Bank & Trust Company.  According to a recent announcement from the SBA, First Bank & Trust Company loaned $9.3 million in Fiscal Year (FY) 2019, a $2.6 million increase over the previous year. Read More: COVID-19 and Automation are......
BMO Completes API Portal for Small Business Customers in Move Towards Open Banking
Banking Business Fintech News

BMO Completes API Portal for Small Business Customers in Move Towards Open Banking

Fintech News Desk
by Fintech News Desk0
To help give small business customers greater control over their financial data, BMO – in partnership with Intuit, maker of TurboTax, QuickBooks and Mint – has now completed the development of a new secure data portal. The portal will allow customers to share their BMO financial data with Intuit QuickBooks......
AEGIS Selects expert.ai to Enhance Their Data Strategy with AI-based Natural Language Understanding
Business Fintech News

Barclaycard Launches New Service to Redefine Supply Chain Payments for Businesses

Fintech News Desk
by Fintech News Desk0
The service combines hundreds of accounts payable data points with internal and third-party data. This helps customers develop the right payment solutions for their various suppliers in a fraction of the time it would take to do manually. The technology helps businesses catalogue their suppliers based on the number and......
Bolster Expands Executive Leadership With Appointment of Young-Sae Song as CMO
Capital Markets News

Taulia: Over 60% of Businesses Are More Interested in Early Payment as a Result of COVID-19

Fintech News Desk
by Fintech News Desk0
Taulia releases new Supplier Sentiment Survey to highlight the plight of small businesses Over 60% of businesses are more interested in requesting early payment (62%) and automating invoice processing (66%) as a result of the COVID-19 pandemic, according to a report conducted by working capital technology solutions leader, Taulia. The......
Business Fintech Funding News

EnrichHER Launches All Rise Factory Program to Fund 100+ Women-Led Businesses

Fintech News Desk
by Fintech News Desk0
According to CNBC, in venture capital, men still get the lion’s share of funding; while according to Pitchbook, only 2% of capital goes to U.S.-based female-only founder teams. Of the 2%, women of color get only a fraction. EnrichHER is on a mission to change these statistics with their All Rise......
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