article thumbnail

FinTechs Take A Regional Approach To SMB COVID-19 Relief

PYMNTS

The market will be watching closely whether financial institutions (FIs) are able to address some of the biggest headaches from the first round of PPP loans, namely an influx of applications that can overwhelm lenders’ systems. Fresno First Bank.

Fresno 142
article thumbnail

ICBA’s 2021 National Community Bank Service Award winners

Independent Banker

In mid-June 2020, the community bank launched Cross River Digital Ventures, a venture capital arm that invests in fintechs. Among other elements, Cross River Bank integrated technology from the fintech Ocrolus, which automated review of bank statements, payroll data and other documentation from applicants. Location: Fresno, Calif.