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FintechNews RoundupUSA
·May. 28, 2020

Santander InnoVentures Invests in a55

Santander InnoVentures has led a $5 million round in the SME lender a55; a55 currently lends in both Brazil and...
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FintechNews RoundupUSA
·Mar. 26, 2018

Santander Partners with Ripple on International Money Transfer App

Santander has teamed up with Ripple to bring to market the first international money transfer app by a large retail bank based on blockchain technology; the project does not yet have a launch date but Business Insider reports the companies said in the next few months; the app will allow for transfers to be settles within 24 hours and customers will be able to understand all costs before making a transfer. Source.

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FintechUSA
·Jun. 22, 2020

Savings and Budgeting Apps Find Success in Lockdowns

Budgeting tools from Fifth Third Bancorp, Radius Bank, Simple in partnership with BBVA USA and others are seeing a big...
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FintechNews RoundupUSA
·May. 10, 2019

Savings App Looks to Help Smaller Banks Attract Millennials

HTMA Holdings has developed a new savings app to help small banks attract millennial customers; Plinqit is designed to help...
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FintechNews RoundupUSA
·Feb. 11, 2019

SBA Borrowers Share Frustrations Over Access to Credit During Shutdown

The House Small Business Committee heard from Small Business Administration borrowers who testified at a hearing last week; they discussed...
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FintechNews RoundupUSA
·Apr. 8, 2020

SBA Computer Issues Holding Up Small Business Loans

Small businesses are eager to get assistance from the $349 billion lending program for small businesses; it appears that businesses...
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FintechNews RoundupUSA
·Apr. 22, 2020

SBA Data Breach Impacts 8,000 Small Businesses

The Small Business Administration recently started contacting applicants who applied under the Economic Injury Disaster Loan program to inform them...
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FintechNews RoundupUSA
·Apr. 10, 2020

SBA Disaster Loan Program Running out of Money as Problems Mount

The Small Business Administration has been at the center of the Trump administration’s plan to help SMBs survive as the...
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FintechNews RoundupUSA
·Mar. 17, 2020

SBA Faces Resource Challenges to Support Small Businesses

The government is working to ensure that the Small Business Administration can offer small businesses up to $50 billion in...
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FintechNews RoundupUSA
·Apr. 9, 2020

SBA Gets Much Needed Help from Amazon to Speed up Stimulus Funds Processing

The Small Business Administration has been using a system known as E-Tran which was never intended to handle the volume...
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