Lending Front

JUNE 6, 2021

But while the economy in general is expected to boom, many small businesses are still in recovery mode. Of course, many firms opted to apply for fully forgivable PPP loans instead of traditional loans, seeing as the second round of PPP had funds earmarked for underserved small businesses. Enter community banks.

Small Business 52

Small Business Community Banks Economy Non-Bank 52

FICO

NOVEMBER 29, 2018

Small business credit access grew in 2018 and with modifications to the Small Business Administration (SBA) rules for more streamlined processing, access is predicted to grow. However, untapped opportunities for growth remain for startups and minority owned businesses as suggested in SBA research.

Small Business 67

Small Business Credit Union Underserved Community Banks 67

PYMNTS

APRIL 2, 2019

MOXY bank , preparing to be one of the first new community banks to launch in the U.S. in decades, has announced that it is working with technology solutions company NYMBUS to integrate its core digital banking and payment services.

Community Banks 46

Community Banks Payment APIs and Integration FDIC Mobile Deposit 46

PYMNTS

DECEMBER 27, 2019

Arjun Thyagarajan, co-founder and CEO at SMB banking and payments technology firm Wise , told PYMNTS that in 2020, SMBs’ continued demand for better banking experiences will inevitably drive the ongoing proliferation of data sharing. Open banking wasn’t the only disruptive trend for SMB financial services this year. In the U.S.,

Small Business 53

Small Business Payment APIs and Integration Credit Union Underserved 53

The Fintech Times

APRIL 9, 2024

Banking-as-a-Service (BaaS) describes the concept that enables non-bank platforms to access banking capabilities traditionally only offered by licensed banks. BaaS means these businesses can focus on what makes them unique and inclusive.”

Financial Inclusion 121

Financial Inclusion Underserved Non-Bank Embedded Finance 121

PYMNTS

OCTOBER 25, 2020

The technology particularly impacted FIs like community banks, Minority Depository Institutions (MDIs) and Community Development Financial Institutions, which made up around 75 percent of the StreetShares PPP loan forgiveness volume, the release stated. "But

Credit Union 64

Credit Union Community Banks Underserved Small Business 64

PYMNTS

JUNE 20, 2018

Solopreneur, independent contractor, freelancer, gig worker – regardless of the name, micro-business owners can largely agree that, when it comes to traditional banking, they’re often left out in the cold. “I think we can all agree that small businesses are at the epicenter of our economy. .

Micro-Entry 40

Micro-Entry Small Business Community Banks Online and Mobile Banking 40