Banking-As-A-Service Takes On The Underbanked SMB
PYMNTS
MARCH 9, 2020
At the same time, bank branch closures appear to be accelerating, with small towns across the country losing a combined 14 percent of their banks between 2012 and 2017. Many small businesses, too, are struggling to access the bank products they need to survive and thrive, like bank loans and deposit accounts.
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