article thumbnail

SMB Alt-Lending Gears Up For Another Industry Shakeup

PYMNTS

After industry consolidation and a leveling-out of venture capital interest, alternative SMB lending remains a strong market, though just like traditional banks, it has also faced new lessons as a result of the current market. But that doesn’t necessarily mean history is repeating itself. ” A Banking Pullback?

Lending 171
article thumbnail

Helping FI’s Develop Their ‘FinTech Sense’

PYMNTS

Everyone knows that digital and mobile services are key to success in the 2020s — not only in terms of more revenue, but also larger transformations. But that doesn’t mean all the players in payments and financial services have a solid or clear digital strategy. But that’s not the whole story, of course. Outside Standards.

Fintech 169
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Revenue-Based Financing Challenges The Bank Loan Status Quo

PYMNTS

by regulatory initiatives (designed to spur competition in small business banking, open up the market to new challenger banks and support marketplace lending platforms), the bank loan is often the first place small business owners look when in search of capital. venture capital investments in U.K. venture capital investments in U.K.

Capital 132
article thumbnail

Cisco Awarded Top 5 Rank by IDC in Financial Services

Cisco

We spend every day working with our Financial Services customer to adopt a Digital transformation strategy , however in today’s market it is not enough to just have a Digital strategy. You also need to have a Digital Ready Network platform that will enable you to execute and deliver on that Digital strategy.

article thumbnail

How Supplier Focus Propels AP Innovation

PYMNTS

Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. Investors at SignalFire led the round, while Hillsven Capital, Bloomberg Beta and NextWorld Capital also participated. billion valuation.

article thumbnail

Why agile banks are relying on hybrid cloud

Insights on Business

To address this, banks are moving at lightning speed to find new ways to become more flexible, adapt to new markets and tap into pools of innovation across the fintech ecosystems to expand their reach and streamline their digital strategies. Cloud is how they are getting there. Improved operational efficiency. Boost innovation.

Fintech 146
article thumbnail

This Week In Payments: Saving Small Business

PYMNTS

But for many of them, this has also been an opportunity for them to really develop their digital strategies. That relates to storefronts, that relates to collaborating and being able to work remotely, and it also relates to digital payments. Moreover, he’s seen this rapid all-hands-on-deck push in all corners of industry.

Payments 176