PureWow

Unbiased.co.uk | February 10, 2020

Amazon and Goldman Sachs may soon be working together to provide loans to growing businesses. The online retailer and the banking giant are close to a deal that could transform the lending market for small and medium-sized enterprises (SMEs). Amazon has in fact been providing business loans since 2012 via its Amazon Lending service. Currently it has over $863m of outstanding loans on its books, provided exclusively to businesses that sell through its platform (and which account for more than 50 ...

Technology

FIS | May 16, 2022

The global economy’s digital transformation is accelerating, and community and regional banks are seeking ways to offer the most advanced digital capabilities and open new channels for distribution. To help these financial institutions meet the growing need for digitally-native banking experiences and grow their client base, FIS® (NYSE: FIS) has announced a new embedded finance offering developed in partnership with Treasury Prime. Embedded finance is a key industry tren...

Small Business Advice

BankiFi | November 09, 2022

BankiFi, a leading provider of embedded banking solutions, has partnered with MX Technologies, Inc., a leader in open finance, to enable secure data sharing and account connectivity for businesses using BankiFi’s platform. Through this collaboration, financial institutions will be able to leverage MX’s open finance APIs to bring account connectivity and data access to a robust suite of banking solutions tailored to the unique needs of small to medium-sized businesses (SMB). This part...

Small Business Trends

Square | September 28, 2021

Square announced the launch of Square Card in Canada to address one of the biggest challenges small businesses face: managing their cash flow. The announcement marks a milestone in Square’s goal of expanding financial access in Canada — its second largest international market — and better positions the company to serve the needs of business owners across the country. “We’ve heard, time and time again, that cash flow is a major pain point for C...