The Fintech Times

MARCH 12, 2025

” Empowering SMEs with CredibleX Mastercard will also integrate its Small Business Credit Analytics into CredibleXs embedded financing journey, providing CredibleX with enhanced data-driven insights based on anonymised and aggregated transaction data.

Visa 76

Visa Financial Literacy Small Business Payments 76

Finovate

MARCH 14, 2025

CredibleX is integrating Mastercards Small Business Credit Analytics (SBCA) API into its embedded financing platform to enhance SME credit access in the UAE and EMEA region. The Abu Dhabi-based company is integrating Mastercards Small Business Credit Analytics (SBCA) into its embedded financing tool.

Visa 52

Visa Finance Embedded Finance Financial Inclusion 52

PYMNTS

DECEMBER 7, 2020

Despite a surge in sales, small businesses selling online can struggle to manage working capital, particularly as many rely on third-party marketplaces like Amazon that don't facilitate instant access to revenues. But most people forget that we're still talking about small businesses with a limited number of resources.".

Finance 142

Finance Small Business Underwriting B2C 142

PYMNTS

JUNE 26, 2020

The first half of 2020 has been rough on small businesses of all kinds, whether they had to close their doors due to public-health orders or had to relocate their staff to working from home virtually overnight. It’s required lots of on-the-spot innovation as firms had to massively rethink their operations from the ground up.

Small Business 70

Small Business Payments Online and Mobile Banking Contactless Payments 70

Finovate

JULY 31, 2024

Loan intelligence system company Parlay will join Mastercard’s Start Path Small Business program. Parlay’s technology complements a bank’s or credit union’s loan origination system to streamline and enhance small business loan processing. Parlay is one of eight companies selected.

Small Business 59

Small Business Visa Credit Union Underwriting 59

PYMNTS

OCTOBER 3, 2019

In response, FIs are prioritizing credit assessment, underwriting and borrower verification processes, and finding that technology can be instrumental in bolstering their fraud mitigation strategies. Identity spoofing, meanwhile, has increased 20 percent.

Small Business 63

Small Business Credit Union Mitigation Account Takeovers 63

FICO

NOVEMBER 29, 2018

Small business credit access grew in 2018 and with modifications to the Small Business Administration (SBA) rules for more streamlined processing, access is predicted to grow. However, untapped opportunities for growth remain for startups and minority owned businesses as suggested in SBA research.

Small Business 67

Small Business Credit Union Underserved Community Banks 67

FICO

DECEMBER 18, 2018

There is an art to small business and commercial and industrial (C&I) lending. Underwriters across the financial spectrum of banks, credit unions, and independents do a great job of mitigating risk when dealing with large, complex lending requests. the number of, terms of, and types of products in the offering, and more.

Small Business 53

Small Business Underwriting Credit Union Origination 53

Finovate

DECEMBER 16, 2024

Capitalise, a business finance platform based in the U.K., The collaboration integrates Plaid’s open banking services with Capitalise’s Instant Offers to simplify and streamline small business funding. based business finance platform Capitalise has announced a strategic collaboration with fellow Finovate alum Plaid.

Small Business 59

Small Business Non-Bank Risk Assessment Finance 59

The Fintech Times

FEBRUARY 28, 2025

Small businesses face a lot of challenges early on. Word on the Street is a video series highlighting the authentic voices of small business owners around the world as they share their passion, struggles and day-to-day realities of entrepreneurship. Accessing working capital is challenging across the globe.

Small Business 59

Small Business Underwriting Authentication Risk 59

Finovate

APRIL 23, 2024

All three financial institutions announced this month that they are teaming up with small business lending platform JUDI.AI. offers credit unions and community banks an alternative approach to helping small and medium sized businesses secure the funding they need. ” JUDI.AI “What makes JUDI.AI

Credit Union 59

Credit Union Small Business Underwriting Community Banks 59

Clearly Payments

APRIL 24, 2025

Acquirer fees: Acquirer fees go to the financial institution that underwrites the credit and takes the financial risk. What Custom Rates Look Like While small businesses might pay effective rates between 2.5% With the right setup, large businesses can get rates in the 1.65% to 2.10% range, depending on how payments are taken.

Large Merchants 99

Large Merchants Process Processors Volume 99

Lending Front

JUNE 15, 2021

Yet for small business loan requests, many lenders are still relying on manual processes to identify worthy entrepreneurs seeking funding. . What would it take to get small business lending up to speed? . And those applicants that do make it through are met with stringent lending criteria that favors large businesses.

Underwriting 52

Underwriting Small Business Federal Reserve Assessments 52

PYMNTS

JANUARY 25, 2019

Equipment finance company CapX Partners has announced an integration of Moody’s Analytics technology to strengthen its underwriting and risk mitigation capabilities. CapX noted that Moody’s Analytics’ tool addresses the pain point of lack of access to historical data on small businesses seeking financing.

Underwriting 43

Underwriting Small Business Risk Mitigation Underserved 43

PYMNTS

JUNE 26, 2020

Small business lending emerged as a common theme in this week’s B2B venture capital roundup, and it’s no surprise, considering the role small and medium-sized businesses (SMBs) play in supporting their local economies. Utility account aggregation company Urjanet secured $14.65 Aye Finance. Pipe Technologies.

B2B 115

B2B Finance Small Business Underwriting 115

PYMNTS

OCTOBER 19, 2020

Although the COVID era continues to have an outsized impact on small businesses, frontline lending experts say SMBs have recently begun to catch a break when it comes to getting loans through FinTechs and other non-bank lenders. And the cost of underwriting a large borrower vs. a small SME was virtually the same.”.

AI 120

AI B2B Underwriting Non-Bank 120

PYMNTS

APRIL 8, 2020

Small businesses overwhelmed U.S. It was a shaky start for the initiative that was designed to ease the pain of the coronavirus pandemic, with small businesses expressing frustration at the “ nightmare ” process of attempting to access a portion of the $349 billion available under the legislation. billion in applications.

FinTech 98

FinTech Small Business Credit Union Payroll 98

PYMNTS

JANUARY 27, 2021

The company wanted to solve the problem of banks not underwriting corporate cards for small businesses. Now, Archa’s platform gives small businesses instant credit on a functional platform, allowing for integration with existing businesses without a personal guarantee.

Product 111

Product Process Community Banks Small Business 111

Fintech News

AUGUST 20, 2024

The chatbot is powered by Artificial Intelligence and an Application Programming Interface (API), connecting to MSIG’s underwriting and rating model to facilitate seamless quotations. The insurance offered, known as SUMO, covers property, liability, business interruption, and employee-related risks, with options for customisation. .”

Underwriting 109

Underwriting SWIFT Small Business Facilitators 109

PYMNTS

APRIL 2, 2020

has abruptly cut off credit to small business customers. Georgia-based Kabbage claims it has provided small business borrowers with over $9 billion in loans as of its 2009 establishment. The company has furloughed workers as it deals with decreased spending at small companies. Lenders such as Fundbox Inc.

Small Business 78

Small Business Underwriting Adjustments Economy 78

PYMNTS

SEPTEMBER 29, 2020

The cash flow challenges for small businesses have been in place for a while, in Latin America since well before the pandemic took root. During the pandemic, said Shoihet, banks are already grappling with legacy credit infrastructure, and overworked underwriting teams doing their jobs from home with limited bandwidth.

Finance 114

Finance Underwriting Volume Accounts 114

PYMNTS

OCTOBER 21, 2019

Accounting platforms are increasingly positioning themselves at the center of the small business ecosystem,” he said, adding that this evolution “makes a lot of sense” with many companies considering the accounting portal the “single source of truth” for company finances. feel like a second job.”. Expanding Open Banking’s Horizons.

Small Business 40

Small Business Payment APIs and Integration Underwriting Value Added Service 40

PYMNTS

JANUARY 8, 2021

There's no doubt that the small business community is facing a period of immense tribulation. In addition to navigating forced shutdowns and supply chain disruptions, business owners are now tasked with making some difficult decisions about how to keep their business alive, or whether to throw in the towel.

Finance 92

Finance Small Business Shutdown Credit Union 92

PYMNTS

AUGUST 12, 2020

As service providers in the business of disasters and disruptions, insurance companies have had a front-row seat to the ways the pandemic has affected their small business policyholders. But as Pogreb highlighted, small businesses also have an opportunity to change the way they interact with their insurance providers, too.

Small Business 91

Small Business Underwriting Direct Deposit Shutdown 91

Finextra

MAY 23, 2024

The small business credit card and spend management platform trusted by over 200,000 businesses, Capital on Tap and Plaid partner in the United Kingdom.

Underwriting 52

Underwriting Credit Cards Small Business 52

PYMNTS

MARCH 12, 2020

But the latest initiatives reveal a growing interest in transforming internal processes, particularly among smaller banks looking to upgrade their core infrastructure and elevate small business lending operations. Jack Henry Links FIs to AR Finance Offering.

Payment APIs and Integration 77

Payment APIs and Integration API Small Business Underwriting 77

PYMNTS

FEBRUARY 20, 2020

As Open Banking spreads further into the small business (SMB) financial services market, accounting and lending platforms are taking advantage. Small business accounting platform FreshBooks recently announced an agreement to integrate with Taxfyle , a data sharing arrangement that aims to automate tax prep for small business owners.

Accounts 87

Accounts Small Business Agreements Risk Mitigation 87

PYMNTS

JANUARY 5, 2021

Longtime small business microlender Opportunity Fund is teaming up with a trio of credit unions (CUs) as part of the nonprofit’s bid to invest $1 billion in “marginalized businesses” across the country over the next two years. The San Jose-based community development financial institution, or CDFI, on Tuesday (Jan.

Credit Union 79

Credit Union Small Business Underserved Agreements 79

Finovate

JULY 16, 2024

FIS’ new SMB Digital Lending solution seeks to offer small and medium-sized businesses (SMBs) easier access to capital by streamlining and automating the lending process for financial institutions. The new lending tool provides fully automated decisioning by combining big data and machine learning with underwriting expertise.

Facilitators 59

Facilitators Underwriting Small Business Automation 59

PYMNTS

NOVEMBER 13, 2020

small businesses. . The diligence wasn’t as extensive as you’d see ordinarily, [and] I think with some of the underwriting processes, there were shortcuts.” . “The diligence wasn’t as extensive as you’d see ordinarily, [and] I think with some of the underwriting processes, there were shortcuts.” .

Fraud Prevention 123

Fraud Prevention Governance Government Financial Crimes 123

PYMNTS

APRIL 9, 2020

The demand for Small Business Administration (SBA) loans has led the Federal Reserve to consider allowing non-bank lenders to speed distribution of $350 billion in loans through the coronavirus crisis, Reuters reported. The daily demand for loans has been more than the SBA typically processes in a year. trillion in loans. “Our

Federal Reserve 70

Federal Reserve Fed FinTech Small Business 70

PYMNTS

APRIL 9, 2020

For the last week, a veritable tidal wave of small- to medium-sized business (SMB) owners have been lining up to apply for Paycheck Protection Program (PPP) funds — a $350 billion segment of the $2 trillion in government stimulus passed as part of the CARES Act a little less than two weeks ago. But will they? Edwards said.

Accounts 114

Accounts Small Business Government Governance 114

PYMNTS

JULY 1, 2019

Credit and data analytics firm PayNet is launching an automated reporting solution for lenders to more seamlessly collect and analyze financial information on small business (SMB) borrowers. On average, the company said, credit underwriting can take as long as 30 days to complete. Main Street companies are starving for capital.

Automation 55

Automation Underwriting Small Business Encryption 55

PYMNTS

JULY 31, 2019

The merchant cash advance is considered the payday loan for many in the small business lending market — and that’s not necessarily a good thing. That bank connectivity allows a company like MO to deploy a different tactic in loan underwriting and risk mitigation, Shidfar explained. Regulators have taken note.

Federal Trade Commission 65

Federal Trade Commission Small Business Underwriting Risk Mitigation 65

Bank Automation

AUGUST 20, 2024

Gather Federal Credit Union has selected credit underwriting platform Zest AI to reduce fraudulent activity during the loan origination and decisioning process.

Transactions 81

Transactions Credit Union Underwriting Procedures 81

PYMNTS

NOVEMBER 16, 2018

Small business credit analysis company PayNet is linking up with a community bank to streamline SMB lending for the institution. ” Research released earlier this year from PayNet found that small business lending picked up compared to last year, which Phelan attributed to a strong economy.

Community Banks 53

Community Banks Small Business Risk Assessment Underwriting 53

PYMNTS

APRIL 14, 2020

To roll out a completely managed small business lending offering that digitizes the end-to-end loan life cycle, application development technology firm Unqork has teamed with Deloitte. Ramadi continued, “This lending service addresses these inefficiencies by quickly getting small businesses the economic relief they need.”.

Small Business 64

Small Business Underwriting Consulting Volume 64