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How Credit Unions Help SMBs Get Creative To Navigate Market Uncertainty

PYMNTS

Small businesses are turning toward their financial service providers now more than ever, not only for access to working capital and key products to run their business, but also for advisory services and guidance on how to navigate today's volatile market. Getting Creative. An Agile Business Model.

Marketing 165
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FICO Survey: Secondary Market Expects Higher Volatility in 2023

FICO

Like in years past, we also surveyed SFVegas 2023 attendees on the overall economic climate and how they use credit scores to support securitization risk management. Secondary mortgage market participants expect a U.S. Greater volatility in the securitization market is anticipated this year. recession in 2023. In her role, Ms.

Survey 52
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New Unemployment Claims Down 48K To 709K

PYMNTS

The COVID-19 vaccine is expected to have a positive effect on the labor market and other areas of the economy. Continued jobless claims — people filing for more than two weeks in a row — were 6.8 The highest insured unemployment rates in the week ending Oct. and Alaska (6.1). The largest increases in initial claims for the week ending Oct.

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VCs Back Autobooks For SMB Banking

PYMNTS

The company cited research from Below Research that found 70 percent of SMBs say they would use a cash flow management solution if it were offered by a bank, representing a gap between what small businesses want and what they get from their banks.

Detroit 122
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Continuous Financial Education for Women Small Business Owners

FICO

FICO-hosted panel at NAWBO’s 2022 Advocacy Days discusses how financial education impacts access to capital and business growth for small businesses. To learn more about SABF and to access financial management education resources and tools, visit www.fico.com/sabf. Continuous Financial Education for Women Small Business Owners.

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Market Map: 70 Auto Commerce Startups Attacking Traditional Dealerships

CB Insights

This market map includes private, active companies only and is not meant to be exhaustive of companies in the space. Unlike digital marketplaces, these companies must maintain and manage their own inventory (much like traditional dealerships). Bessemer Venture Partners, SoftBank Capital, Tribeca Venture Partners. InstaCarro.

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The Hybrid Workplace is One Huge Work-In-Process for Banks

Gonzobanker

April Clobes , CEO of Michigan State University Federal Credit Union , has made it mandatory for activities involving the “four C’s” – Coach, Collaborate, Create, Connect (culture activities) – to be done in person. Financial institutions are working hard to create schedules and events to make their office more of a destination.