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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. As a share of their total assets, community banks have more business loans below $1 million than larger banks, according to the St. Louis Fed : [S]mall-business loans—i.e., economic ecosystem.

Lending 244
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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. As a share of their total assets, community banks have more business loans below $1 million than larger banks, according to numbers from the St. Louis Fed : [S]mall-business loans—i.e., economic ecosystem.

Lending 195
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Experimental Robot In Supermarket Booted From ‘Job’

PYMNTS

news source Mirror Online. Financial services firm Cornerstone Capital Group projected robots will capture between 6 and 7.5 A robot named Tally trawls the aisles of St. Louis grocery stores Schnuck Markets to check for items that need restocking, repricing due to error or reshelving due to messy placement.

St. Louis 121
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Retail Pulse: Walmart Tests ‘Great Workplace,’ Sainsbury’s Opens Cashierless Store

PYMNTS

Brick-and-mortar retailers are changing the way they manage their workforces in the age of Amazon: Walmart , for instance, is testing multiple versions of a new team structure called the “Great Workplace” in some of its locations. At the same time, it was reported that Walmart plans to employ $11 billion in capital expenditures this year.

Retail 100
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The Pros And Cons Of Robots In Retail

PYMNTS

Between automated checkout lines, online grocery ordering and meal kit services, it seems like the inexorable tide of progress is determined to wipe out millions of jobs across the retail and grocery sectors. Financial services firm Cornerstone Capital Group projected that robots will capture between 6 million and 7.5

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The Surprises Edition: Ethereum, PayPal And The Fed

PYMNTS

“India is transitioning away from our biggest competitor – cash – and our digital platform and technology has immense scope to enable this at scale,” said Anupam Pahuja, country manager and managing director of PayPal India. Louis, James Bullard, offered a warning of his own: U.S. For us, the marathon has just begun.”.

St. Louis 108
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Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

Capital Float. Working capital financing. Online financial advisor. Online payments & cash management for small businesses. Online commercial real estate investing platform . Louis, Missouri. Financial & time management service for freelancers. Online debit card security.

Company 12