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Owners of firms that employ only themselves would prefer to use loans or lines of credit, but more often than not they resort to credit cards, according to a new Fed report. Is this a missed opportunity for banks?
December 12 -
The credit union stalwart purchased Mirador, which is heavily dependent on bank relationships. The challenge now is keeping those clients in the fold.
December 12 -
CUNA Mutual, a service provider to credit unions, recently bought Mirador, which is heavily dependent on bank relationships. The challenge now is keeping those clients in the fold.
December 11 -
The legislation would ban legal clauses that force small-business borrowers to give up their right to court proceedings before obtaining a loan.
December 6 -
Attorney General Barbara Underwood’s office is looking into whether merchant cash-advance companies engaged in fraud or abused the state court system.
December 3 -
Faciam Holdings will pay nearly $68 million for Summit Bancshares.
November 29 -
Date, now a venture capitalist, worked with the lending software company's CEO, Dan O'Malley, at Capital One in the 2000s.
November 28 -
As the economy softens, traditional banks have an opportunity to win back market share from fintech competitors.
November 27
Oliver Wyman -
Lenders fear the agency's rule could make most poultry producers ineligible for 7(a) loans.
November 19 -
The lender is working with the fintech Biz2Credit to offer both secured and unsecured digital loans.
November 19 -
Entrepreneurship among veterans has been declining over the past 20 years, according to a report by the SBA and the New York Fed.
November 12 -
What the Democrats' House takeover means for banks; Synchrony has a lot to lose in fight with Walmart; should industry fear Waters-led banking panel?; and more from this week's most-read stories.
November 9 -
Entrepreneurship among veterans has been declining over the past 20 years, according to a report by the SBA and the New York Fed.
November 9 -
Readers sound off on the 2018 midterm election results, OCC's Otting defending his agency's right to charter fintechs, and predictions the plastic credit card is nearly dead.
November 8 -
Big banks and fintechs are aggressively adding digital capabilities to process applications quickly, creating a sense of urgency for community banks.
November 6 -
The New York-based online lender plans to spend an additional $15 million next year, largely on bank partnerships and international expansion.
November 6 -
Azlo, Bento, Bank Novo and other neobanks argue they are better at helping small businesses, giving them extra attention, technology and advice.
October 31 -
Traditional financial institutions still have an advantage over challenger banks when it comes to building relationships with small merchants, despite scandals that have befallen megabanks.
October 30 -
The New York unit of Popular has contracted with Biz2Credit to automate commercial loan approvals and handle the underwriting for applications under $100,000.
October 30 -
Wells Fargo puts two top execs on leave as scandal's reach grows; regional banks freed from SIFI label lobbying regulators hard for more relief; FDIC to launch innovation office to help banks compete with fintechs; and more from this week's most-read stories.
October 26
















