Search Results for: PPP

Revenues, Profits of Companies Owned by Women Decreased During 2021: Biz2Credit Women-Owned Business Study
Fintech News

Revenues, Profits of Companies Owned by Women Decreased During 2021: Biz2Credit Women-Owned Business Study

Fintech News Desk
by Fintech News Desk0
Analysis of 100,000 Firms Finds Pandemic Revenues and Profits Fell Last Year The annual Biz2Credit Women-Owned Business Study found that profits for female business-owners dropped 26% in 2021 from 2020, while average annual revenues dipped 4%. Additionally, the study found that operating expenses increased, the primary reason profits fell in......
Capital Bank Drives Clean Energy Initiatives with Montgomery County Green Bank Partnership
Banking News

Capital Bank Drives Clean Energy Initiatives with Montgomery County Green Bank Partnership

Fintech News Desk
by Fintech News Desk0
Capital Bank, N.A. has a long tradition of supporting the community in Montgomery County, Maryland. Its partnership with Montgomery County Green Bank is no exception. Today, Capital Bank announced a new relationship with Montgomery County Green Bank, a publicly-chartered nonprofit dedicated to driving clean energy for business owners in the region......
Zest AI Releases New Race Prediction Model To Reduce Systemic Bias In Lending
Artificial Intelligence Lending News

Zest AI Releases New Race Prediction Model To Reduce Systemic Bias In Lending

Fintech News Desk
by Fintech News Desk0
Technology addresses inaccuracies in race prediction affecting tens of millions of Americans Zest AI, a leader in software for AI-driven lending, announced the launch of Zest Race Predictor (ZRP). This open-source machine-learning algorithm estimates the race/ethnicity of an individual using only their full name and home address as inputs. ZRP can......
Lendio Announces the Beta Launch of Its Cloud-Based, Lender Technology Platform
Lending News

Lendio Announces the Beta Launch of Its Cloud-Based, Lender Technology Platform

Fintech News Desk
by Fintech News Desk0
This next-gen, digital-first LOS platform will empower financial institutions with increased lending efficiency and reduced risk while delivering the exceptional borrower experience that takes the pain out of business lending Lendio, the nation’s leading small business financial solutions marketplace, announced the beta launch of its new lender-tech platform and loan......
Digital Tools Helping Banks Patch Up Relationships with Small Businesses
Banking Business

Digital Tools Helping Banks Patch Up Relationships with Small Businesses

Fintech News Desk
by Fintech News Desk0
Coalition Greenwich Announces winners of 2021 Greenwich Excellence, Best Brand and Share Leader Awards in U.S. Small Business Banking Digital banking tools adopted during the pandemic are helping mend relationships between small businesses and their banks. “While some larger companies that have traditionally gotten more in-person service from bankers might......
Umpqua Bank Launches Small Business Empowerment Program With $2 Million To Support Minority, Women Entrepreneurs
Banking News

Umpqua Bank Launches Small Business Empowerment Program With $2 Million To Support Minority, Women Entrepreneurs

Fintech News Desk
by Fintech News Desk0
Multi-year partnerships designed to close opportunity gap in access to capital, resources, and expertise Umpqua Bank, a subsidiary of Umpqua Holdings Corporation, announced a new program that expands access to capital, resources, and expertise for minority and women entrepreneurs. Umpqua Bank’s Small Business Empowerment Program builds on existing private and......
FNBC Bank & Trust Makes Business Banking Easy With New Digital Lending Capabilities
Banking Business News

FNBC Bank & Trust Makes Business Banking Easy With New Digital Lending Capabilities

Fintech News Desk
by Fintech News Desk0
Following their success with PPP, the community bank is expanding its use of Numerated to bring additional convenience and efficiency to their full suite of business banking products. FNBC Bank & Trust, a $650 million locally owned and locally managed community bank serving the Chicago metropolitan area, is making business......
John Marshall Bank Launches Fourth Fintech Lending Solution Partnership
Fintech News

John Marshall Bank Launches Fourth Fintech Lending Solution Partnership

Fintech News Desk
by Fintech News Desk0
Committed to offering best-in-class business banking services, John Marshall Bank (JMB) announced it has entered into a definitive agreement with an innovative new Small Business Administration (SBA) 7(a) loan processing platform, LendUX from Reliant Business Valuation. Latest Fintech Insights: Cadence Bank Increases Interchange Revenue With Data Insights From MX This technology will enable......
First Financial Bankshares Announces Promotion Of Luke Longhofer To EVP Chief Lending Officer
Finance News

First Financial Bankshares Announces Promotion Of Luke Longhofer To EVP Chief Lending Officer

Fintech News Desk
by Fintech News Desk0
The Board of Directors of First Financial Bankshares, Inc. announced the promotion of Luke Longhofer to Executive Vice President, Chief Lending Officer. Longhofer replaces Gary Gragg, who previously announced his retirement after 31 years, including the last 16 as Chief Lending Officer. Latest Fintech Insights: 468 Capital Raises $400 Million Fund II “Luke......
India Heads into CBDC Ecosystem; Starts with Blockchain-based Rupee and 30% Taxation Guidelines on Digital Assets
Banking Blockchain Digital Payments Economy Featured

India Heads into CBDC Ecosystem; Starts with Blockchain-based Rupee and 30% Taxation Guidelines on Digital Assets

Sudipto Ghosh
by Sudipto Ghosh0
Today, India’s honorable Finance Minister (FinMin) Mrs.Nirmala Sitharaman presented one of the most technologically-advanced union budgets of the modern era, promising the 1.3 billion Indian citizens a booster economic growth in the coming months. From easing the business transactions online to favoring “minimum government and maximum governance” policies for all......
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