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Is commercial lending on the rise?

Independent Banker

Ashley Horner (right), senior vice president and SBA loan administrator, shown with portfolio manager Melanie Elmore, says Summit Bank is on track to make $30 million in SBA loans this year. billion in capital to businesses across its traditional products: 7(a), 504 and microloan programs. Source: St. Record pace of dealmaking.

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Mobile Payments: Adornments For the U.S., mVisa For The Unbanked In Nigeria

PYMNTS

Louis-based startup has defied the odds and raised $750,000 during a slowdown in funding for Fintech startups. Already the app is generating $1 million in sales for local restaurants in St. Louis with 10,000 people currently using the app. Mobile Payments Startup OPER Raises $750,000. iZettle To Be Challenged In The U.K.

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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.

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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.”.

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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.

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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

If you add the $6 billion in new capital raised in the IPOs of Worldpay, Square and First Data, the 2015 total is a nice even $25 billion. Social media management & compliance for financial institutions . Louis, Missouri. Credit risk management. Social media financial compliance specialist Gremln raised $1.4

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Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

Capital Float. Working capital financing. Online payments & cash management for small businesses. Tags: SMB, payments, mobile, merchants, acquiring, security, credit/debit cards. Total raised: $35 million. HQ: Daytona Beach, Florida. Source: Crunchbase. Latest round: $25 million Series B. Total raised: $41 million.

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