Search Results for: small businesses

LexisNexis Risk Solutions Study Finds Larger Banks and Fintechs Hit Hardest by Small and Midsize Business Lending Fraud Losses
Lending News Risk Management

LexisNexis Risk Solutions Study Finds Larger Banks and Fintechs Hit Hardest by Small and Midsize Business Lending Fraud Losses

Fintech News Desk
by Fintech News Desk0
Small to Mid-Sized Business Lending Fraud Increased 6.9% Since 2020, with More Than One-Third of Growth Attributed to the Pandemic LexisNexis Risk Solutions released its latest Small and Midsize Business (SMB) Lending Fraud Study. The survey of risk and fraud executives at financial institutions reveals that SMB lending fraud in......
Mastercard Advances Commitment to Black Women-Owned Businesses Across the US
Digital Payments News

Mastercard Advances Commitment to Black Women-Owned Businesses Across the US

Fintech News Desk
by Fintech News Desk0
Company progresses its Strivers Initiative to elevate and support Black women business owners with funding, mentorship, as well as the digital and cyber tools to get their businesses online and grow Nearing the anniversary of the launch of the Strivers Initiative, Mastercard is reaffirming its commitment to Black women small business......
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......
Apple Empowers Businesses To Accept Contactless Payments Through Tap To Pay On Iphone
Digital Payments News

Apple Empowers Businesses To Accept Contactless Payments Through Tap To Pay On Iphone

Fintech News Desk
by Fintech News Desk0
Later this year, US merchants will be able to accept Apple Pay and other contactless payments simply by using iPhone and a partner-enabled iOS app Apple announced plans to introduce Tap to Pay on iPhone. The new capability will empower millions of merchants across the US, from small businesses to......
John Marshall Bank Hires Graziella Brenneman To Strengthen Small Business Lending Efforts
Business Lending News

John Marshall Bank Hires Graziella Brenneman To Strengthen Small Business Lending Efforts

Fintech News Desk
by Fintech News Desk0
John Marshall Bank is pleased to announce Graziella Brenneman as Assistant Vice President, Business Banking Manager to strengthen its Small Business Administration (SBA) lending capabilities. Graziella has 14 years of experience in the banking industry. Latest Fintech Insights: Invesco, A Global Investment Management Firm, Will List ETFs On The Tel Aviv......
Small Business Satisfaction With Merchant Services Providers Surges, Led By Big Banks, J.D. Power Finds
Banking Business News

Small Business Satisfaction With Merchant Services Providers Surges, Led By Big Banks, J.D. Power Finds

Fintech News Desk
by Fintech News Desk0
-Long live credit cards, debit cards and digital wallets! With paper currency now used in just 19% of consumer payments, and use of payment cards, electronic payments and mobile payment apps surging, small businesses are increasingly reliant on a strong relationship with their merchant services payment processor. According to the......
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......
C2FO Achieves Record Growth In 2021, Funding $54.7 Billion In Accelerated Payments To Businesses Worldwide
Digital Payments News

C2FO Achieves Record Growth In 2021, Funding $54.7 Billion In Accelerated Payments To Businesses Worldwide

Fintech News Desk
by Fintech News Desk0
– Total funding increased 57% compared to 2020, driven by ongoing demand from clients for better sources of capital – Number of funded customers grew by 30%, including 36% growth in new funded customers with over 46,000 receiving capital via the C2FO platform in 2021 – Company closes $140 million......
First Horizon Bank to Give Away $1 Million to Businesses
Banking Business News

First Horizon Bank to Give Away $1 Million to Businesses

Fintech News Desk
by Fintech News Desk0
First Horizon Corp. announced that it is giving away $1 million in total cash prizes through a Back to Business contest designed to recognize and celebrate resilient businesses in the Company’s regional footprint. “Local businesses remain the heart and soul of our communities,” says Anthony Restel, President of Regional Banking. “As we kick off a new......
Rapyd Research Finds That 93% Of Businesses Are Prioritizing Cross-Border Commerce In 2022
Commerce Fintech News

Rapyd Research Finds That 93% Of Businesses Are Prioritizing Cross-Border Commerce In 2022

Fintech News Desk
by Fintech News Desk0
Customer acquisition, risk management, and local payment solutions are the top operational challenges Rapyd, a global Fintech-as-a-Service company, published a new report “The 2022 Global State of Cross-Border Commerce” to assess the level of organizational readiness amongst businesses for cross-border commerce. Expected to reach $153 trillion globally, growing at 5% CAGR,......
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