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Some SMBs Switched Banks When PPP Loans Failed To Come Through

PYMNTS

needed financial help in April as the pandemic led to a loss of customers, founder Pavia Rosati turned to her bank, Capital One Financial Corp., But the New York consulting firm was on its own because Capital One wasn’t prepared to accept applications for the Paycheck Protection Program (PPP) when it launched.

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Payroll Cards Find Opportunity In Corporates’ Digitization Push

PYMNTS

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. As companies elevate their use of payroll cards, Galileo Financial Technologies is rolling out its own solution to facilitate employee compensation.

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Online lending summit speakers discuss SPNB charters, CFPB trial disclosure policy, alternative data

CFPB Monitor

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. Questions directed at Ms.

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Why Digital Marketplaces Must Anticipate Shoppers’ Needs

PYMNTS

The company previously raised $111 million in venture funding from Accel, Bessemer Venture Partners, Square Peg Capital, Qumra Capital and others. The company recently filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange.

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Financial Conferences this Fall Showcasing New Ideas and Innovation

William Mills

Alternative lenders are learning more about fraud to their dismay and access to capital. The best quote I’ve heard recently is, “Anyone can lend money. The Finovate Fall 2016 conference will celebrate their 10th anniversary September 8-9 in New York. It is the getting paid back part that is hard.”

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FinDEVr APIntelligence

Fintech Labs Insights

Building new financial technology? Mark your calendars for our spring developer event in New York, March 29 and 30, FinDEVr 2016 and check out the first round of FinDEVr New York presenting companies. Developer news: Financial Services blog describes why 2015 is time to open source finance.

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FinDEVr APIntelligence

Fintech Labs Insights

Are you building new financial technology? We’re taking the fintech developer tool showcase to New York March 29 & 30, 2016. Developer news: Dev Bootcamp and Metis partner with Skills Fund to broaden access to web developer and data science programs. Stay tuned for details.