Small businesses have a big problem: access to capital. And this big problem is an equally big opportunity for the lenders that can get it right. But for decades, banks and credit unions, often entrenched in legacy systems, have struggled to provide the seamless, efficient...
Embedded lending is growing in popularity around the world. It promises convenient, streamlined access to financing for specific expenses from within merchant, business and other platforms. This proves impactful for individuals and microbusinesses and small businesses (MSBs) that want to align their cash flow and...
Card issuer Marqeta has launched a partnership with small business banking platform Found. The collaboration, announced in a news release Thursday (Sept. 26), offers small- to medium-sized business (SMB) owners and self-employed entrepreneurs access to customized business banking capabilities via Found’s Marqeta-powered commercial card solution....
Last week, the Federal Reserve cut interest rates by half a percentage point. Now, The Wall Street Journal reported Thursday (Sept. 26), small business owners aren’t sure how to proceed. In some cases, the report says, the rate cut is prompting businesses to invest. For example, there’s Rental Concepts, a...
Embedded lending is growing in popularity around the world. It promises convenient, streamlined access to financing for specific expenses from within merchant, business and other platforms. This is true for individuals and microbusinesses and small businesses (MSBs) that want to align their cash flow and...
BILL has introduced new payment offerings for small businesses and accountants. The new capabilities, announced by the financial platform Wednesday (Sept. 25), include Local Transfer – an international payment option for small- to medium-sized businesses (SMBs) — along with upgrades to BILL’s instant payment and...
Digital origination/decisioning company Amount has debuted a small-business-focused lending suite for banks and credit unions. The new SMB (small- to medium-sized business) Suite, announced Tuesday (Sept. 24), is designed to support secured and unsecured lending, while streamlining deposit account origination, among other benefits. “The financial...
Embedded lending promises convenient, streamlined access to financing within merchant and business platforms. This proves especially impactful for individuals and microbusinesses and small businesses (MSBs) wanting to align their cash flow and expenses. Despite most lenders in the U.K. offering this type of lending, use...
Small- to medium-sized businesses (SMBs) face a unique set of challenges. These challenges, as sprawling as they are complex, are commonly ill-suited to be met by one-size-fits-all tools and generic solutions. Rather, they require dynamic and agile innovations — innovations like artificial intelligence (AI). And...