Kabbage Processed 129,000 SBA PPP Loan Applications For Nearly $4 Billion
#Kabbage, the Atlanta-based small business lending #fintech, was the fourth largest processor of SBA payroll support loans (PPP).
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SBA PPP Loans At Atlantic Union — 13 Days, 6,500 SBA-Approved Applications, $1.4 Billion To SMEs
By the time the SBA money ran out, #Atlantic #Union had obtained $ 1.4 #billion for 6,500 business customers.
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No Applications Received for ‘Fintech Charter,’ OCC Says
It was a big day for #fintech, pundits said on July 31, the day the Treasury Department released its fintech report, in which it endorsed the idea of a “fintech #charter,” and the OCC announced it was (re)opening its application for fintech charters. A chorus of voices rose up from the banking world condemning the charters as a […]
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Banks Still Searching for Practical Applications for Blockchain Technology
It might seem like #blockchain has been all the rage among #banks and #fintech companies, but a recent Bank Innovation poll found that many of these companies don’t have any blockchain projects in the current pipeline of their innovation initiatives. When asked to describe their company’s involvement with blockchain #technology, 30% of the poll-takers said […]
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SmartBiz Loans Uses Tech And People To Expedite SBA Loan Applications
SmallBiz #Loans provides #banks and small businesses #technology to help process Small Business Administration (SBA) loans. Its automated advisor acts like a small business CFO, analyzing financials and telling owners if they are a good candidate for the SBA or helps them identify areas to improve.
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Analytical Tools Are Embedding In Business Applications
Rather than shuffle data from analytics to line of business apps, the analytics are getting integrated into the apps.
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With No Fintech Charter Applications, Judge Rules NY OCC Lawsuit ‘Premature’
A federal #judge has ruled on a New York #lawsuit set against the Office of the Comptroller of the Currency’s decision to begin offering #fintech charters, stating that the suit was ‘premature’ as the OCC has yet to receive #applications for these fintech charters. Judge Naomi Reice Buchwald noted that the complaints listed in the […]
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Analytical Tools Are Embedding In Business Applications
Rather than shuffle data from analytics to line of business apps, the analytics are getting integrated into the apps.
Tom Groenfeldt – Financial Technology -
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CapOne Tests Voice Tech Applications with Cortana
In the race of adopting #voice #technology in banking Capital One is certainly taking the lead (with not too many competitors on the horizon, to be fair). Microsoft unveiled the #Cortana Skill Kit, a set of tools, which will allow developers to leverage Microsoft bots and create new Cortana implementations, atRead More
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UK Parliament Hearing to Highlight Government Blockchain Applications
A UK House of Lords committee will meet next week to hear testimony from academics and representatives of the #blockchain industry.
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