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Is Small Business Lending Facing a ‘Moment of Reckoning?’

Gonzobanker

article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.” Technology Utilization. In a recent American Banker. Source: DeBanked ). Taking Stock.

Lending 125
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10 Data-Driven Ideas To Increase Branch Engagement

South State Correspondent

Take the time and effort to explain the backgrounds of the bankers, both personal and professional, and invite the community to establish a relationship. The average community bank may have 30% to 50% on mobile, while the national banks are closer to 80%. The goal is to create energy and engagement.

Data 195
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Building A More Compliant Cannabis Industry With The Blockchain

PYMNTS

Payments for goods between suppliers, wholesalers and retail distributors are in cash; payments to employees are in cash; tax payments are in cash; even paying the power company and water bill are contingent on cash. Ralston argued it’s a situation blockchain technology is uniquely well-suited to solve.

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The Beginning Of The End For Bitcoin?

PYMNTS

business plan, technology, people involved) and prepared to lose your entire stake.”. Sebastian Quinn-Watson of Blockchain Global, a bitcoin exchange operator, told Business Insider that the news out of China was an “absolute win” for the cryptocurrency community, because it will weed out illegitimate ICOs.

Bitcoin 177
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The Whole Paycheck Tracker: HQ Enhancements, Empathetic AI And Special Guest Bernie Sanders

PYMNTS

While wearables are able to track all kinds of things about their wearers — how much they exercise, when they are sitting or standing or how regular their sleep habits really are — they aren’t renowned for their ability to sense how their wearer is feeling emotionally speaking. AI Enhancement: A Wearable That Feels Your Pain. AI Enhancement.

New York 109
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BankBazaar Weighs In On Working From Home Amid COVID-19

BankBazaar

Many like Varsha from the Technology Team and Aakash from the Marketing Team would prefer a hybrid model – WFH for some days of the week and going to work the rest of the days. Saptarshi says, “ The commute was taxing. So I’ve been exercising more, cooking more, my family gets more time.”

Meeting 78
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242 Startup Failure Post-Mortems

CB Insights

The feedback was eye-opening and generally the same: “Really great technology and vision. In our mission to deliver the best tea experience, we didn’t compromise on the Teforia Infuser technology, quality or the premium tea packaged within our Sips. But how does this become a platform?”… Product: Teforia Tea Infusor.

Company 78