by Keren Moynihan | Feb 3, 2022 | Articles, Lending, Mention, News
Smarter Loans’ 2022 Fintech Lending Study gathered responses from 2462 Canadian business borrowers. What did they find? OVERALL RATING OF INDUSTRY The overall rating for the Canadian Lending Industry has gone up to 68% from 66% in 2020. Loan industry ratings are up...
by Keren Moynihan | Nov 29, 2021 | Articles, Lending
The COVID-19 pandemic has further highlighted the crucial role of the lending industry. With so many businesses and individuals needing a lifeline, lenders had to step up by making their services more accessible and by creating new business models. And despite the...
by Keren Moynihan | Jun 14, 2021 | Articles, Lending
Article As Featured on Bank Automation News | By Loraine Lawson Although the Paycheck Protection Program (PPP) money has run out, it has opened doors for fintechs and offered banks the opportunity to explore fintech partnerships beyond PPP. Bank Automation News...
by Keren Moynihan | Jan 11, 2021 | Articles, Lending
As featured on CUInsight.com The Small Business Administration (SBA) announced the Paycheck Protection Program (PPP) will be on January 11, 2021 for community lenders who support diversity and minority owned small businesses. Community lenders are specially designated...
by Keren Moynihan | Dec 3, 2020 | Articles, Lending
As featured on CUInsights.com The secret is out – business banking is broken. Financial Institutions have lost market share steadily over the past decade. At first, it was hard to notice because it was only a 1% loss each year. But when COVID hit and...
by Keren Moynihan | Nov 26, 2020 | Articles, Lending
Panel after panel, bankers agree that data and insights are required to compete with the latest in business lending technology. COVID heightened the need for digital lending. Manual data pulls don’t cut it anymore. The arguments start when deciding on what data:...