Small business lending

Bank Of America Boasts $22B In Bailout Loans
Bank Of America Boasts $22B In Bailout Loans
April 03, 2020  |  Coronavirus

It was a phenomenal Friday (April 3) for Bank of America. The Charlotte-based global lender told CNBC that 85,000 customers have applied for $22.2 billion...

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JPMorgan Now Taking Applications For Paycheck Protection Program
JPMorgan Now Taking Applications For Paycheck Protection Program
April 03, 2020  |  Loans

JPMorgan, one of the nation’s largest lenders, started accepting applications for loans from the federal government’s Paycheck Protection Program (PPP) on Friday (April 3), according...

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Banks, FinTechs Wield Open Banking For SMB Finance
Banks, FinTechs Wield Open Banking For SMB Finance
March 19, 2020  |  B2B Payments

As financial service providers deploy new solutions on the heels of open banking regulatory initiatives in the U.K. and Europe, players in other geographies have...

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Open Banking Expands Into SMB Lending, Smaller Banks
Open Banking Expands Into SMB Lending, Smaller Banks
March 12, 2020  |  B2B Payments

Open banking and bank-FinTech collaboration can be an effective way for financial institutions (FIs) to launch new digital products. But the latest initiatives reveal a...

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Rethinking The SME Loan Underwriting Model In Southeast Asia
Rethinking The SME Loan Underwriting Model In Southeast Asia
March 10, 2020  |  B2B Payments

The small business credit gap is a global issue, a problem that banks and FinTechs continue to hack away at, yet one that remains stubbornly...

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How To Ensure Community Banks Aren’t Left Behind In The Digitization Revolution
How To Ensure Community Banks Aren’t Left Behind In The Digitization Revolution
March 06, 2020  |  B2B Payments

For banks of any size, the message is clear: Digitize or risk losing customers — or even risk failure. But for financial institutions (FIs), some...

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Financing Vietnam’s Underbanked And High Risk Agri-SMBs
Financing Vietnam’s Underbanked And High Risk Agri-SMBs
February 24, 2020  |  B2B Payments

While a lack of access to affordable, quick capital is a barrier to growth for small businesses across the globe, there are certain markets and...

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Widening Borrower Protection’s Scope To SMBs
Widening Borrower Protection’s Scope To SMBs
January 29, 2020  |  B2B Payments

Borrower protection initiatives have taken aim at predatory lenders, both online and brick-and-mortar, with legislators at the state and federal levels addressing concerns that include...

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Funding Circle CFO Exits, Replacement Named
Funding Circle CFO Exits, Replacement Named
January 27, 2020  |  B2B Payments

U.K.-based small business lending platform Funding Circle has announced its chief financial officer will depart the company, reports in City A.M. said Monday (Jan. 27)....

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