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Some SMBs Switched Banks When PPP Loans Failed To Come Through

PYMNTS

In a July survey of 931 firms that received PPP loans, Barlow Research Associates, the Minneapolis-based bank market research company, revealed that of the businesses that secured PPP funding, 28 percent received their loan from a lender with whom they had no prior relationship or a bank that wasn’t their primary one.

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FinDEVr APIntelligence

Fintech Labs Insights

Building a new financial technology? Entrust Datacard’s Kurt Ishaug named 2015 CFO of the Year by Minneapolis-St. Alumni updates: PRUDENA launches online marketplace for stock market research. Developer news: BankNXT interviews Stefan Weiss, head of APIs at Fidor Bank , on the APIs, regulation, and expansion.

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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Named 2015 CFO of the Year (Kurt Ishaug) by Minneapolis-St. Provided instant card-issuance technology to Bank of the Ozarks. Enlisted to Marketo for new marketing solutions. Added to KBW Nasdaq Financial Technology Index. Partnered with BitSight Technologies to enhance its Know Your Third Party platform.