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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
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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
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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
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The $380-billion asset company will soon join the parade of big banks and tech companies that are migrating online to meet the demands of business owners.
October 22
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Netspend customers kept from accessing paychecks; Sen. Elizabeth Warren rebukes Comerica over fraud in benefits program; FDIC poised to revamp deposit rules (about time, say banks); and more from this week's most-read stories.
October 19
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The program will focus on increasing lending to small and medium enterprises in Guatemala, Burkina Faso and Kenya.
October 18
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The San Antonio bank will refer customers seeking small-business loans to StreetShares, a financial startup that is similarly focused on serving veterans of the U.S. military.
October 16
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ODX will pursue deals with banks that want to use the New York lender’s technology to offer online small-business loans.
October 16
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The tech giants might be moving into small-business lending, but they’re more likely to take business away from large commercial lenders, not community institutions.
October 15
NBH Bank -
On Jun. 30, 2018. Dollars in thousands.
October 15
