First-of its-Kind loan readiness platform, Parlay, raises $1.3M
February 14, 20244 min
Parlay is an embedded fintech software that helps community banks and credit unions get more small businesses approved for loans.
Melio Launches International Payments To Over 70 Countries
June 1, 20223 min
Melio Continues To Expand Its Product Offering, Enabling Users To Pay Suppliers Internationally
Thryv Announces SaaS Revenue Target of $1 Bn in 2027
April 6, 202212 min
CEO Joe Walsh calls 2020s âThe Decade of Small Business Automationâ and says local firms across US and other developed countries are âready to move to the cloudâ
Comerica Bank Focuses on Small Business & CX with Two new additions
March 15, 20226 min
Comerica Incorporated (NYSE: CMA) announced the addition of two key members to its Retail Bank division with the hiring of Omar Salah, Executive Vice President, Director, Small Business Banking, and Brian Haney, Senior Vice President, Director, Strategy & Transformation. Both will report to Cassandra McKinney, Executive Vice President, Executive Director, Retail Bank. “Omar and Brian bring a tremendous amount of expertise and leadership to Comerica’s Retail Bank, and their talents will help us further enhance the experience and services we...
TD Bank Tops Small Business Banking in the South-J.D. Power
January 13, 20223 min
Score reaches 865 points; TD highest in Convenience and Channel Activities areas in addition to Overall Trust
Salem Five Bank Transitions to Baker Hill NextGenÂź
November 2, 20215 min
Through the partnership expansion, Salem Five Bank will gain new efficiencies in small business and commercial lending with Baker Hill NextGenÂź Baker Hill, the leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, today announces an expanded partnership with Salem Five Bank. The bank has upgraded to Baker Hill NextGenÂź, Baker Hill’s unified solution that streamlines loan origination and portfolio monitoring. Salem Five is a highly regarded community savings bank founded in...
Maverick Payments Ranks No. 566 on the 2021 Inc. 5000
August 19, 20215 min
Inc. Magazine Reveals Annual List of Americaâs Fastest-Growing Private Companiesâthe Inc. 5000
Millions of businesses that received the over $511 billion in loans through the Paycheck Protection Program (PPP) must soon submit paperwork to lenders for loan forgiveness
Coronavirus has put a strain on the organizations which has led to the emergence of loan applications by them for the purpose of survival. 820,000 small business loans have been allocated $205 Billion from the federal emergency funding according to the calculations of ABA Data Bank. Funds have been allocated, but when will they actually reach the owners who need them? It could take several weeks. A sudden increase in the demand for loans has...