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Small business loan processing: Automate back-office tasks

Abrigo

Automating the key steps that often occur in the back office leads to faster decisions, stronger customer or member relationships, and more profitable lending to small businesses. This article covers these key topics: Cultivating fertile ground for small business lending Do large lenders have an advantage in small business lending?

Lending 195
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The Impact of Technology on Banking: Revolution or Evolution?

Bank Innovation

All that is changing due to emerging technologies. The banking industry is facing many unprecedented challenges due to the rise of financial technology companies. Industry-leading operators, as well as ambitious startups in the banking scene, […].

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The Financial Technologies SMEs Aren’t Using

PYMNTS

sought external financing in 2016 , suggesting these firms simply aren’t interested in lending technologies or accessing, for instance, a loan from an alternative finance provider. 37 percent of SMEs in the U.K. Just 5 percent said they applied for an overdraft facility from their banks or renewed a loan. small businesses.

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Ant’s IPO Journey Faces Regulatory Hill – Is Lending In Crosshairs?

PYMNTS

In language from the Shanghai exchange translated from the Mandarin by CNBC and sent to Ant, the exchange noted, “Your company has also reported significant issues such as the changes in financial technology regulatory environment. And, we contend, this might impact at least some of Ant’s operations.

Lending 199
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Alt-Lending Conglomerate TruFin Lands $97M In IPO

PYMNTS

An alternative lending conglomerate based in the U.K. The firm is the holding company for an array of FinTech companies operating in supply chain finance, invoice finance and the dynamic discounting market. just secured more than $97 million through an initial public offering.

Lending 122
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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Since Square purchased Afterpay, customers can get an Afterpay card to use with participating retailers that operate with Square, which lets customers use Afterpay for in-store purchases. Afterpay is offered at thousands of merchants – notable names include Nordstrom, Bed, Bath & Beyond, and Nike.

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Pandemic Wake-Up Call Drives Integrated B2B Platforms

PYMNTS

Corporate finance teams were not simply tasked with finding ways to continue operations in a remote work environment as a result of the coronavirus crisis. While every organization is different, many business leaders came to realize some common pitfalls in their legacy operations that came to light in the midst of the pandemic.

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