Small business lending

OnDeck’s ODX Digitizes Investors Bank SMB Lending Platform
OnDeck’s ODX Digitizes Investors Bank SMB Lending Platform
October 22, 2019  |  B2B Payments

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business...

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Hong Kong Allows Banks To Reschedule SMB Loan Payments
Hong Kong Allows Banks To Reschedule SMB Loan Payments
October 17, 2019  |  B2B Payments

Hong Kong’s central bank has announced measures that top financial institutions of the city plan to deploy in support of local small businesses, Reuters reported...

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How Small FIs’ SMB Lending Journeys Nudge The US Toward Open Banking
How Small FIs’ SMB Lending Journeys Nudge The US Toward Open Banking
October 04, 2019  |  B2B Payments

To service Main Street businesses, it’s an obvious advantage for a financial institution to actually be on Main Street. For community banks and credit unions,...

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Australia’s Big Banks Criticized For Response To Rate Cut
Australia’s Big Banks Criticized For Response To Rate Cut
October 03, 2019  |  B2B Payments

An interest rate cut from Australia’s Reserve Bank has caused controversy in the small business banking sector, with Treasurer Josh Frydenberg praising small banks and...

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Pressure Mounts For India NBFCs As Reliance Capital Exits Lending Business
Pressure Mounts For India NBFCs As Reliance Capital Exits Lending Business
October 01, 2019  |  B2B Payments

India-based financial services provider Reliance Capital has announced it will exit the lending market. Anil Ambani , group chairman of the non-bank financial company (NBFC),...

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Scottish Pacific Says Alt Lenders Rise In Aussie SMBs’ Ranks
Scottish Pacific Says Alt Lenders Rise In Aussie SMBs’ Ranks
September 25, 2019  |  B2B Payments

For the first time since East & Partners began surveying Australian small businesses about their future growth plans, researchers have found that entrepreneurs are more...

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SellersFunding Targets Amazon Sellers With AmzLenders Acquisition
SellersFunding Targets Amazon Sellers With AmzLenders Acquisition
September 23, 2019  |  B2B Payments

New York-based SMB lender SellersFunding has acquired AmzLenders as it works to expand its reach with eCommerce sellers and take on Amazon. Terms of the...

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ADB Warns Of ‘Digital Poverty’ Hampering Trade Finance
ADB Warns Of ‘Digital Poverty’ Hampering Trade Finance
September 19, 2019  |  B2B Payments

The Asian Development Bank, which ramped up the trade finance industry’s focus on broadening access to small businesses after releasing a report that estimated the...

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Cashplus Hires Amex Commercial Card Risk Exec
Cashplus Hires Amex Commercial Card Risk Exec
September 19, 2019  |  B2B Payments

U.K. challenger FinTech Cashplus has hired a commercial card risk expert from American Express, reports this week said. According to reports Wednesday (Sept. 18), Cashplus...

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