Search Results for: PPP loans

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

Fintech News Desk
by Fintech News Desk0
Small Businesses in Limbo Awaiting PPP Loan Forgiveness  Small business loan approval percentages at big banks ($10 billion+ in assets) dropped slightly from 13.6% in August to 13.5% in September, indicative of the struggles that small businesses are facing, according to the latest Biz2Credit Small Business Lending Index™ released today. The Biz2Credit Small Business Lending Index figures do not reflect......
Seiling State Bank Signs with Teslar Software to Improve Commercial Lending
Banking Fintech News

Seiling State Bank Signs with Teslar Software to Improve Commercial Lending

Fintech News Desk
by Fintech News Desk0
Partnership will help bank better manage entire lending portfolio, including PPP lifecycles Teslar Software, a provider of automated workflow and portfolio management tools designed to help community financial institutions thrive, announced today that Seiling State Bank has selected its platform to improve processes and better serve customers. Read More: DeFiner......
Business Fintech News

Moody’s Analytics Wins Stevie Award for Technical Innovation in COVID-19 Solutions

Fintech News Desk
by Fintech News Desk0
Moody’s Analytics has won in the 2020 International Business Awards®, earning a Bronze Stevie® Award for “Most Valuable Technical Innovation” (one of several “COVID-19 Response” categories). Winners in this category were recognized for “technical innovations (non-medical) developed since the beginning of 2020 to ameliorate the impact of the COVID-19 virus.”......
Digital Adoption Rises in the Lending Industry: eOriginal Sees Surge in Digital Transactions, Revenue and Customer Growth
Fintech News

Digital Adoption Rises in the Lending Industry: eOriginal Sees Surge in Digital Transactions, Revenue and Customer Growth

Fintech News Desk
by Fintech News Desk0
eOriginal, Inc., the leader in digital lending technology, today announced rapid growth across its digital lending business, spurred by demand for purpose-built technology that makes lending frictionless, secure, and trusted, from closing to the secondary market. Read More: Crayonic Partners with the FIDO Alliance as an Affiliate Member In response to......
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......
Jack Henry & Associates Announces Executive Leadership Retirements
Business Fintech News

Guilford Savings Bank Expands Partnership with Jack Henry & Associates to Improve Commercial Lending

Fintech News Desk
by Fintech News Desk0
Bank modernizes lending, digital banking, and core technology with Jack Henry, leverages open APIs for enhanced flexibility and innovation Jack Henry & Associates, is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today, Jack Henry Lending announced that Connecticut-based Guilford Savings Bank has successfully......
Ncontracts Acquires Banc Intranets
Fintech News

Ncontracts Acquires Banc Intranets

Fintech News Desk
by Fintech News Desk0
Leader in integrated risk management solutions adds key capabilities for financial institution boards and employees to access information and mitigate risk Ncontracts, the leading provider of integrated risk management solutions for the financial industry, announced that it has acquired Banc Intranets, a provider of secure, web-based enterprise content management solutions.......
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......
Banking Fintech News

Centric Bank Named to American Banker’s Top 200 Community Banks in the U.S. and Independent Banker’s 2020 Top Lenders

Fintech News Desk
by Fintech News Desk0
Centric Bank, the wholly owned subsidiary of Centric Financial Corporation (OTC: CFCX), has been recognized as one of American Banker’s Top 200 Community Banks in the U.S. for the second consecutive year, as well as one of Independent Banker’s Top Lenders for 2020. Read More: COVID-19 and Automation are Changing Finance for Good American Banker‘s annual......
Despite Pandemic, Businesses Feel Ready to Face Challenges to Drive Growth, Lean on Modifications to Operations to Get There
Fintech News

Lakeside Bank Partners with Jack Henry & Associates to Continue Community-First Approach While Driving Growth Through Digital Banking and Expanded Services

Fintech News Desk
by Fintech News Desk0
Bank plans enterprise transformation to support aggressive growth goals while keeping service the top priority Jack Henry & Associates, Inc.® (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its Jack Henry Banking® division announced today that Rockwall, Texas-based Lakeside Bank converted to the cloud hosted......
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