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5 Reasons to expand small business lending

Abrigo

According to a 2015 Federal Reserve study , 47 percent of businesses with fewer than 500 employees had applied for credit in the past 12 months, but only half were able to secure all the credit they needed. This is compounded by the growing trend of Millennial small business owners.

Lending 150
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For SEC, Subpoenas No Mere “Token Interest” In ICOs

PYMNTS

Securities and Exchange Commission issued scores – the tallies varied depending on where you got the news, but The Wall Street Journal estimated “dozens” – of requests for information and subpoenas from companies who have dipped, or are dipping, corporate toes in the initial coin offerings pool. A velvet hammer? A helping hand?

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Faster Payments Readies Global Payroll For A Paradigm Shift

PYMNTS

Time report collection, data aggregation across different formats and departments, data consolidation for processing, tax withholdings and benefits calculation must all be done, approved, and processed for on-time payroll. But on the back end, said Eynat Guez, Papaya Global co-founder and CEO, complexities abound. Technological Innovation.

Payments 127
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Wealth Management In The Post-Covid World: Tech Is Reshaping How We Save And Invest Money

CB Insights

As with numerous other industries, the Covid-19 crisis has propelled digitization in the space — with fintechs and financial services incumbents alike. Consolidation will continue, even between fintech startups. 24 Industries & Technologies That Will Shape The Post-Virus World. In turn, this is driving revenue for big banks. .

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. Download the free report to find out how fintech is shaping the future of wealth management and investing. get the REPORT on next generation investors.

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Reflections on 2016 in financial services

NCR

From the gradual adjustment to EMV chip card technology in the US to the ongoing growth of fintechs and challenger banks, 2016 has been a big year for the financial services sector. Meanwhile, in Indonesia, many consumers moved back to cash after the government launched a plan to tackle tax evasion by tracking all credit card transactions.

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Fintech Trending: RegTech Reality Check, Blockchain Bandwagon, and IBM’s New Wallet

Fintech Labs Insights

Deloitte recently asked what we should make of “regtech” in a new report titled, “RegTech is the new FinTech: How agile regulatory technology is helping firms better understand and manage their risks.” Compared to “insurtech” – regtech firms have been prominent players in the fintech firmament for years. ” Indeed.