small business

To end lending bias, banks need to use the right tech

10/26/20

Traditional lenders must embrace fintech underwriting tools that would help women- and monitory-owned businesses get loans they are too often denied.

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Amex's recipe for small-business lending: Heavy on the Kabbage

10/23/20

With the COVID-19 pandemic creating unprecedented challenges for small businesses, American Express has increasingly targeted its investments in that niche.

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Wells Fargo: How to reinvent a culture

09/28/20

Mary Mack, who heads Wells Fargo's consumer banking and small business division, talks about the challenges of reforming a bank's culture from the inside, the rise of women in the banking industry and reaching customers who need their services the most

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A small-business ‘dream job’ at BofA

09/22/20

Bank of America's Managing Director for Small Business Sharon Miller led the company's involvement in the Paycheck Protection Program, which produced more than 343.000 loans, most in the country.

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Eastern Bank idea leads to small-business money management app

09/17/20

Small and midsize banks would pay for access to the Monit app and offer it to small-business clients as an add-on service.

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NCUA awards credit unions $3.7M in grants and loans for pandemic relief

09/16/20

More than 160 institutions will use the money to help members weather the coronavirus by offering new products and providing help with loan payments.

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CFPB to release outline on small-business data rule

09/14/20

The bureau will detail how it will implement a Dodd-Frank Act provision requiring the agency to collect information on small-business lending in order to identify discrimination.

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M&T's new fintech unit rolls out first product

09/09/20

The bank's innovation group has developed a software tool for law firms. It hopes the project will help it speed products to market and attract top technology talent.

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Congressional testimony on Small Business Lending regulation

09/09/20

I am testifying later today (virtually) before the House Small Business Committee on "Transparency in Small Business Lending."  My written testimony is here.

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PPP had its strengths. Its successor can be stronger.

08/12/20

A public-private partnership that has fewer rules and restrictions than the Paycheck Protection Program would save more small businesses.

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