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Costs Exceed Revenue for Many Latino-Owned Businesses Since The COVID-19 Pandemic Began, According to Biz2Credit’s Annual Study
Business Fintech News

Costs Exceed Revenue for Many Latino-Owned Businesses Since The COVID-19 Pandemic Began, According to Biz2Credit’s Annual Study

Fintech News Desk
Before the coronavirus pandemic hit, revenue growth of Latino-owned companies was up 10% over last year, but like most other businesses in America, their fortunes have declined dramatically since March, according to the annual Biz2Credit Latino-Owned Business Study for 2020. Read More: Black Knight Delivers a Major Enhancement to Its CompassPoint Pool......
Banking Business Fintech Fintech Funding News

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

Fintech News Desk
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
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......
Fintech News

Seacoast Commerce Bank Outsources IT Infrastructure with Jack Henry, Strengthening Security and Boosting Efficiencies

Fintech News Desk
Jack Henry & Associates, Inc.® (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its ProfitStars® division today announced that San Diego-based Seacoast Commerce Bank has outsourced its IT infrastructure with Jack Henry, enhancing security, compliance, business demands, disaster resiliency and increasing efficiencies across the......
AICPA, CPA.com and Biz2Credit Launch New Platform for Small Business Funding
Fintech Fintech Funding News

AICPA, CPA.com and Biz2Credit Launch New Platform for Small Business Funding

Fintech News Desk
Cloud Solution Incorporates Enhanced Administrative Capabilities to Manage PPP Loan Forgiveness and Provide Lending Solutions to CPA Clients The American Institute of Certified Public Accountants (AICPA), its business and technology arm, CPA.com, and fintech leader Biz2Credit announced they are teaming up on a new platform, CPALoanPortal.com, to streamline the process......
Seiling State Bank Signs with Teslar Software to Improve Commercial Lending
Fintech News

50 New Banks Leverage Teslar Software for PPP Forgiveness and Lending Initiatives

Fintech News Desk
Fintech helps community banks support their local businesses in time of need Teslar Software, a provider of automated workflow and portfolio management tools designed to help community financial institutions thrive, announced today that it has added 50 new clients in the last 90 days. Teslar will help these banks manage......
BlueVine Announces General Availability of Business Banking with Checking, Payments, and Partner Integrations
Banking Fintech News

BlueVine Secures $75 Million Revolving Credit Facility with Atalaya Capital Management

Fintech News Desk
New capital will be used to expand its line of credit offering, built for small businesses BlueVine, the leading provider of small business banking, today announced it has secured a $75 million revolving credit facility from funds managed by Atalaya Capital Management, a private credit and special opportunities investment manager based......
Banking Fintech News

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

Fintech News Desk
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
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......
Wolters Kluwer Podcast Series Launched to Educate Lenders Navigating COVID-19 Impacts
Banking Fintech News

Wolters Kluwer Podcast Series Launched to Educate Lenders Navigating COVID-19 Impacts

Fintech News Desk
Expert insights help lenders manage regulatory, operational challenges brought about by the pandemic Wolters Kluwer Compliance Solutions has initiated a series of informative podcasts to help lenders adapt under the COVID-19 pandemic environment and address its broad-reaching impacts for their lending practices. With topics ranging from effectively managing regulatory change to clarifying loan......
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