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Half of lenders believe small- and mid-sized business lending fraud can be prevented
Majority of small business owners saw growth despite facing labor challenges
The bank is increasing branch locations in a bid to reach smaller towns and cities
The new survey found small businesses are spending an average of $13,000 per month on their credit cards
The ABA and ICBA have praised Congress’ decision to nullify the rule
Very few organizations have been successful in growing their relationships with this audience
The industry group said the expansion of the SBA 7(a) loan program would harm borrowers
Survey also found improved digital tools have helped banks’ services for small businesses
The rule requires banks to collect and report data on credit applicants
The United States has more banks than most of the rest of the world combined
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Webinar:

Strategic Growth: How FI Execs Can
Leverage a Payments Hub

Thursday, September 12, 2024, at 2:00 pm ET

As banks prioritize investments in both commercial and retail payments, with a significant portion planning to spend over $20 million, it's clear that payment modernization is at the forefront of industry strategy. However, legacy infrastructure remains a significant challenge.

Alacriti's Neeraj Gupta, SVP of Product Management, will discuss:

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