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The more things change in small-business lending, the more they stay the same, going back as far as 3,000 years. But in this book excerpt, Karen Mills, former head of the Small Business Administration, predicts momentous changes ahead.
November 1
Harvard Business School -
The Dallas company said it should be able to avoid restating past financial results. It also reported higher quarterly earnings helped by increased mortgage activity.
November 1
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South Korea cool to central bank crypto; U.K. buses adopt mobile payments; and other information you need to start your day, from PaymentsSource and around the web.
November 1
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APIs have opened a window for banks to capture a greater share of business payments, leading JPMorgan Chase to seek partners for faster results.
November 1
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AI can be utilized for back-office efficiencies like conducting compliance tasks and automating manual, paper-based processes. This redirects resources and human capital in a way that is likely to increase productivity, says Episode Six's John Mitchell.
November 1
Episode Six -
Taking a page from fintech competitors, banks have worked to enrich the small-business app experience.
October 31
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Readers react to Sen. Warren's plan to weed out Washington corruption, Facebook CEO Mark Zuckerberg's testimony before Congress, restricting the Federal Reserve's proposed real-time payments system and more.
October 31
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The parent of Silicon Valley Bank is as bullish as Citi on the growth potential in China, despite the trade war. SVB's focus on early-stage startups is boosting its profits from Asia.
October 31
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The company is under law enforcement scrutiny for loans that helped propel a boom and bust in the taxi medallion market in New York City.
October 31
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The San Antonio company said it withstood rate pressures because it has been ahead of the game in deposit pricing over the last two years.
October 31
