Search Results for: big banks

Biz2Credit Small Business Lending Index Reports Business Loan Approval Rates Rose Slightly in June 2022
B2B Banking News

Biz2Credit Small Business Lending Index Reports Business Loan Approval Rates Rose Slightly in June 2022

Fintech News Desk
by Fintech News Desk0
Loan approval percentages at banks, institutional lenders, and alternative lenders have risen in every month of 2022 Small business loan approval percentages at big banks ($10m + in assets) inched upwards from 15.3% in May to 15.4% in June, while small banks’ approvals also rose from 20.9% in May to 21.1% in June, according to the latest Biz2Credit Small Business......
CapIntel Raises $11.0Million USD Series A To Expand Wealth Management Sales Platform, Launching in US Market
Fintech Funding News

CapIntel Raises $11.0Million USD Series A To Expand Wealth Management Sales Platform, Launching in US Market

Fintech News Desk
by Fintech News Desk0
CapIntel Announces Partnership with Leading US-Based Asset Management Firm, The Pacific Financial Group CapIntel, a leading financial technology company that improves day-to-day workflow and fund analysis for financial advisors, announced $11.0M USD in Series A financing led by New York-based FinTech Collective, with an additional participation from Fengate Asset Management on behalf of its investor, the......
What is a Fintech Company?
Fintech Fintech Primers

What is a Fintech Company?

Fintech Staff Writer
by Fintech Staff Writer0
A Fintech company is a software development and service provider. The Fintech company synchronously offers Cloud-based solutions and integrations to financial services companies. Fintech companies use emerging technologies such as Artificial Intelligence, RPA, Machine learning-based document processing, NLP, and business analytics. Big banks, insurance companies, digital wallets, and AI-based Mobile......
Banking on Real-Time AI Florida Credit Union Sees 97% Reduction in Fraud
Banking News Security

Banking on Real-Time AI Florida Credit Union Sees 97% Reduction in Fraud

Fintech News Desk
by Fintech News Desk0
While many big banks are still struggling to advance from the experimentation phase to fully implementing Artificial Intelligence (AI) solutions, one Florida-based credit union has taken the leap and reaped enormous benefits. Using breakthrough RembrantAi technology from IT Solutions company, ToolCASE, Launch Credit Union prevented more than $1.8 million in fraud in 2021, a 97%......
ModusBox Secures $7.5 Million in Series A Funding to Accelerate Innovation for Community Financial Institutions
Fintech Funding Investment Services News

ModusBox Secures $7.5 Million in Series A Funding to Accelerate Innovation for Community Financial Institutions

Fintech News Desk
by Fintech News Desk0
Milestone investment led by Patamar Capital will be used to propel the company’s growth, scale product capabilities, and expand fintech partnerships, empowering IT modernization for financial institutions ModusBox, the infrastructure and integration technology company for financial services, announced the close of a $7.5 million Series A investment. The round is......
PowerPay Launches Healthcare Financing For Medical Professionals
Fintech Lending News

PowerPay Launches Healthcare Financing For Medical Professionals

Fintech News Desk
by Fintech News Desk0
PowerPay, a financial technology company that provides consumer lending for home improvements, announced the launch of the company’s newest vertical—healthcare financing. The new program will provide patient financing for cosmetic surgery, dentistry, fertility treatments, medical spa services, vision correction, and related elective procedures. PowerPay has seen tremendous growth in the......
Biz2Credit Small Business Lending Index for January 2022 Finds That Loan Approval Rates Increased for Every Category of Lender
Lending News

Biz2Credit Small Business Lending Index for January 2022 Finds That Loan Approval Rates Increased for Every Category of Lender

Fintech News Desk
by Fintech News Desk0
Approval Percentages at Big Banks, Small Banks, Institutional Lenders, Alternative Lenders and Credit Union Still Are Roughly Half of What They Were in January 2020 Small business loan approval percentages at big banks ($10+ in assets) increased from 14.3% in December to 14.5% in January, and small banks’ approvals also rose from 20.1% in December to 20.3% in......
Santa Cruz County Bank Hires Senior Vice President, Product and Digital Transformation Manager, Paul Happach
Banking Fintech News

Santa Cruz County Bank Hires Senior Vice President, Product and Digital Transformation Manager, Paul Happach

Fintech News Desk
by Fintech News Desk0
Santa Cruz County Bank , with assets over $1.7 billion, is a top-rated community bank headquartered in Santa Cruz County. The Bank is pleased to announce that Paul Happach has joined as Senior Vice President and Product and Digital Transformation Manager. Mr. Happach maintains his office at the Bank’s 75 River Street Santa......
Why Fintech Should Focus on Strengthening Client Trust
Banking Digital Payments Featured Fintech Funding

Why Fintech Should Focus on Strengthening Client Trust

Sudipto Ghosh
by Sudipto Ghosh0
The Fintech industry is experiencing a purple patch, courtesy of a strong faith displayed by investors. Over the past year, the Fintech industry has attracted a record number of investments and this has allowed many startups to hit the ‘unicorn’ tag so quickly, despite pandemic disruptions. But, is Fintech really......
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......
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