Tag : small businesses

Biz2Credit Small Business Lending Index Finds Loan Approval Rates at Banks Have Plummeted More Than 50% Since Last January
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Biz2Credit Small Business Lending Index Finds Loan Approval Rates at Banks Have Plummeted More Than 50% Since Last January

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) increased slightly to 13.2% in January 2021 from December 2020’s figure of 13.1%, according to the latest Biz2Credit Small Business Lending Index™ released today. In comparison, one year ago in January 2020, big banks approved a record high......
Square Tops US Merchant Satisfaction Charts
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Square Tops US Merchant Satisfaction Charts

Fintech News Desk
by Fintech News Desk0
With more than half (51%) of U.S. small businesses acknowledging significant sales revenue declines as a result of COVID-19, overall satisfaction with the merchant services providers that enable small businesses to process card and mobile wallet payments has declined from 2020. U.S. Merchant Services Satisfaction Study,SM released today, challenges with......
CSI Partners With Autobooks To Enrich Relationship Between Small Businesses and Financial Institutions
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CSI Partners With Autobooks To Enrich Relationship Between Small Businesses and Financial Institutions

Fintech News Desk
by Fintech News Desk0
To empower financial institutions with the tools they need to help their small business customers more effectively manage their finances, Computer Services, Inc. (CSI), a provider of end-to-end fintech and regtech solutions, has partnered with Autobooks, a fully integrated payments and accounting platform for small businesses, delivered through financial institutions. CSI......
Enigma Technologies and Verisk Financial Collaborate to Provide Insights into Small Business Financial Health, Offering Lenders Clarity
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Enigma Technologies and Verisk Financial Collaborate to Provide Insights into Small Business Financial Health, Offering Lenders Clarity

Fintech News Desk
by Fintech News Desk0
Enigma Technologies, a data science company that collects and analyzes information on the health and identity of every U.S. business, announces a strategic collaboration with Verisk Financial, a Verisk company relied upon by leading financial institutions, payments providers, and retailers around the globe. During this year-long pandemic, lenders have been......
AlphaCode-selects-10-businesses-for-R10m-fintech-support-programme
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AlphaCode Selects 10 Businesses For R10m Fintech Support Programme

Fintech News Desk
by Fintech News Desk0
Almost 200 fintech businesses applied for the AlphaCode Incubate programme which aims to grow innovative financial services entrepreneurs and find the next OUTsurance or Discovery. Ten have been selected for a development programme that provides funding, guidance from performance coaches and a panel of advisory experts, access to AlphaCode’s co-working......
LendingClub's Tips for a Financially Healthier 2021
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LendingClub Receives Regulatory Approvals to Acquire Radius Bancorp

Fintech News Desk
by Fintech News Desk0
LendingClub Corporation (NYSE:LC), America’s leading online lending marketplace connecting borrowers and investors, today announced that it has now received all the bank regulatory approvals necessary to complete its acquisition of digital bank Radius Bancorp (“Radius”). The company expects the acquisition to close on or around February 1, 2021, subject to......
Mastercard launches cybersecurity centre for SMEs
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Mastercard Launches Cybersecurity Centre for SMEs

Fintech News Desk
by Fintech News Desk0
Small businesses are the backbone of economic growth. The needs of small businesses have not changed during the pandemic, but they have grown more acute. Read More: Triterras Launches Kratos Logistics Module in Partnership with Seven Oceans With cyberattacks on the rise, small businesses are a huge target. The fact......
Visa Introduces AI-Powered Innovations for Smarter Payments
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Visa and Visa Foundation Extend Support of Minority-led Small Businesses

Fintech News Desk
by Fintech News Desk0
The new initiatives build on Visa’s commitment to small businesses and Visa Foundation’s $200 million Equitable Access Initiative Supporting small and micro businesses (SMBs) has been an urgent priority throughout the COVID-19 pandemic, with a great need among minority-owned small businesses, which are disproportionately impacted. Building on Visa’s long-term commitment......
Small-Businesses-and-CPA-Firms-Should-Be-Readying-for-New-Round-of-PPP-Relief-Funds_-AICPA-and-CPA.com-Say
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Small Businesses and CPA Firms Should Be Readying for New Round of PPP Relief Funds, AICPA and CPA.com Say

Fintech News Desk
by Fintech News Desk0
As Congress weighs renewed economic stimulus, CPA firms should be gearing up to assist small businesses whose survival depends on a new round of funding under the Paycheck Protection Program (PPP), the American Institute of CPAs (AICPA) and its business and technology arm, CPA.com, recommend. Small businesses should be reaching......
PayPal launches touch-free payments in-store with iZettle's point of sale app to support UK businesses post-lockdown
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PayPal Launches Touch-Free Payments in-Store With Izettle’s Point of Sale App to Support UK Businesses Post-Lockdown

Fintech News Desk
by Fintech News Desk0
Provides consumers with a touch-free option to pay safely and securely with PayPal in-store and support local businesses in the run-up to Christmas PayPal today launched QR code payments in iZettle’s point of sale app, allowing small businesses across the UK – from retailers to florists and cafes – to accept safe and......
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