Search Results for: paycheck protection program

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......
Cross River Collaboration and Settlement With Colorado Attorney General Will Promote Responsible Bank-Fintech Partnerships
Banking Business Fintech News

Cross River Collaboration and Settlement With Colorado Attorney General Will Promote Responsible Bank-Fintech Partnerships

Fintech News Desk
by Fintech News Desk0
Settlement Validates Cross River Lending Model, Removes Cloud of Uncertainty and Allows Responsible Lenders to Continue to Provide Access to Credit to Consumers in Need Cross River Bank, a leading innovator and provider of banking services for technology companies, announced, together with its partners, that they have entered into an......
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......
Fenergo Reports Rapid Cloud Adoption in Financial Sector Digital Awakening
Fintech News

AML, KYC and Sanctions Fines for Global Financial Institutions Reach $5.6 Billion Mid-Year

Fintech News Desk
by Fintech News Desk0
Repercussions from high profile scandals and compliance failings hit US, Israeli, Nordic and German banks hardest Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions, today released its mid-year findings on global financial institution fines which show that by the end of July 2020, penalties......
Banking Fintech News

American Express in Advanced Talks to Buy Kabbage

Fintech News Desk
by Fintech News Desk0
American Express Co.’s small-business aspirations just took another step forward. The credit-card giant is in advanced talks to buy Kabbage Inc., a deal that would make AmEx a bigger lender to mom and pop shops. The company is already the largest U.S. provider of credit cards to those types of operations.......
Wolters Kluwer expert solutions recognized by 2020 CPA Practice Advisor Technology Innovation Awards
Business Fintech News

Wolters Kluwer PPP Forgiveness Module Application Processing Underway

Fintech News Desk
by Fintech News Desk0
Technology speeds a key step in Paycheck Protection Program loan forgiveness applications(Wolters Kluwer) With the Small Business Administration’s (SBA) Loan Forgiveness Portal now live, Wolters Kluwer Compliance Solutions has begun submitting completed borrower loan forgiveness application data directly to the SBA via its TSoftPlus™ PPP Forgiveness Module. The Module was launched in June......
Skan Secures $14 Million Series A to Expand AI-Driven Process Discovery to Enable the Digital Transformation of the Enterprise
Fintech Fintech Funding News

Blend Raises $75M at Nearly $1.7B Valuation

Fintech News Desk
by Fintech News Desk0
Led by Canapi Ventures, new investment will boost Blend’s work to help financial institutions offer better lending experiences Blend, a leader in digital lending solutions, announced it has secured $75 million in Series F funding led by Canapi Ventures, a fintech-focused venture capital firm backed by major banks and financial institutions. This capital......
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......
Banking Economy Fintech News

Wells Fargo Pledges up to $20 Million to Support New York Economic Recovery Efforts

Fintech News Desk
by Fintech News Desk0
Wells Fargo & Company (NYSE: WFC) announced today that it pledged up to $20 million to support the New York Forward Loan Fund (NYFLF), an economic revitalization program across New York State. Initiated by New York Governor Andrew Cuomo, NYFLF is aimed at helping small businesses, nonprofits, and small landlords as they......
Fintech News

Coronavirus Impact Drops Americans’ Financial Satisfaction to 2015 Levels: AICPA index

Fintech News Desk
by Fintech News Desk0
As Americans continue to endure the economic impact of the COVID-19 pandemic, financial satisfaction continues to fall from its recent all-time high. The AICPA’s Q2 2020 Personal Financial Satisfaction index (PFSi) measures 15.2, a 55 percent (18.5 point) decrease from the previous quarter. This is the PFSi’s largest quarterly drop in......
1