Teslar Software | June 16, 2022
First Security Bank and Teslar Software announced their partnership to expedite and streamline processes across the bank’s loan department. The Batesville, Miss.-based bank plans to leverage Teslar’s configurable lending process automation platform, starting with the exceptions management module“From the beginning, we were impressed with Teslar’s robust products and how user friendly their technology is,” said Justin Hill, president of First Security Bank. “Efficiency is a top priority for us, and with Teslar, we are reimagining our lending operations. By automating our loan processes, employees will no longer have to navigate cumbersome, manual tasks. The time savings will result in faster loan turnaround times to our customers, improving their overall experience.”
Small business lending accounts are a significant portion of First Security Bank’s loan portfolio, and Teslar’s platform will allow the bank to better serve these businesses by providing exception tracking, centralized data and transparency into customers’ portfolios.
“Efficiency goes hand in hand with a bank’s success; the more productive an institution becomes, the more time they have to focus on strategic, growth-oriented initiatives, First Security Bank is empowering their lenders with the powerful tools and centralized data needed to effectively support the Mississippi communities that rely on them, and we are proud to be a part of their solution.”
-Joe Ehrhardt, CEO and founder of Teslar Software.
About Teslar Software
Teslar Software, founded in 2008, is a configurable lending process automation platform for community financial institutions. Teslar transforms commercial lending by providing easy access to centralized, relevant information to balance portfolios, optimize profits and help community bankers effectively serve their customers. Named Best Solution for Lending by the 2021 FinXTech Awards, Teslar Software continues to earn their reputation as a top technology provider for community institutions. Please visit www.teslarsoftware.com to learn more.
MARKETING AND NETWORKING
Emerald Holding, Inc | June 14, 2022
Emerald Holding, Inc. (NYSE: EEX) (“Emerald” or the “Company”), announced that David Doft, Chief Financial Officer, is scheduled to participate in the Sidoti Summer Small Cap Virtual Conference. The Company will hold one-on-one investor meetings on Thursday, June 16, 2022, with a company presentation at 9:15 a.m. Eastern Time.
Interested investors and other parties can access a live webcast of the presentation by visiting the Investors section of Emerald’s website at https://investor.emeraldx.com. An online replay will be available on the same website following the presentation. Management will also be available for one-on-one meetings with investors.
Emerald is a leader in building dynamic, market-driven business-to-business platforms that integrate live events with a broad array of industry insights, digital tools, and data-focused solutions to create uniquely rich experiences. As true partners, we at Emerald strive to build our customers’ businesses by creating opportunities that inspire, amaze, and deliver breakthrough results. With over 140 events each year, our teams are creators and connectors who are thoroughly immersed in the industries we serve and committed to supporting the communities in which we operate. For more information, please visit http://www.emeraldx.com.
Pitney Bowes | March 23, 2022
Pitney Bowes Inc., a global shipping and mailing company that provides technology, logistics, and financial services, today announced it has partnered with Funding Circle, a leading online small business lending platform, to provide loans to their small business customers.
Powered by Funding Circle’s world class machine learning and technology platform, Pitney Bowes will offer small business term loans to their customers, who will benefit from Funding Circle’s streamlined online application and loan origination process with market competitive rates. With these capabilities, customers will be able to get access to critical funds in as little as 48 hours.
This pilot program aims to advance the lending experience for Pitney Bowes small business customers at a time when many small businesses are increasingly looking for growth capital. Seven in ten business owners (72%) have said they feel they will need financing this year, according to Funding Circle’s 2021 Small Business Surveyi.
“America’s 32.5 million small businesses are the driving force behind our economy, but the number of small business loans approved by large banks has halved in just two years,” said Christopher Johnson, Senior Vice President and President, Pitney Bowes Financial Services. “Our partnership with Funding Circle will help business owners on Main Street get the working capital they desperately need to grow their business. In addition, it positions Pitney Bowes for long-term growth, as we create new value for our clients with new offerings.”
“We share a common mission with Pitney Bowes to break down barriers and help make access to finance easier for all SMBs. This lending as a service partnership showcases the strength of our machine learning and tech platform to help customers access funding in a simple and seamless way. More than one third of business owners see an opportunity to grow the size of their business this year; yet, many remain hindered by a lack of access to capital to do so. We are committed to helping these businesses to unlock the finance they need to grow and power the economic recovery.”
Vipul Chhabra, Managing Director of Funding Circle US
The announcement is the latest in a series of strategic Pitney Bowes investments and services which will expedite SMBs’ access to capital and improve their lending experience.
About Pitney Bowes
Pitney Bowes is a global shipping and mailing company that provides technology, logistics, and financial services to more than 90 percent of the Fortune 500. Small business, retail, enterprise, and government clients around the world rely on Pitney Bowes to remove the complexity of sending mail and parcels.
The Pitney Bowes Bank, Inc. (the Bank) is a subsidiary of Pitney Bowes Global Financial Services, LLC, which in turn is a subsidiary of Pitney Bowes Inc. The Bank is an FDIC insured Utah Industrial Bank located in Salt Lake City, Utah for over 23 years. The Bank has a nationwide lending and deposit footprint.
About Funding Circle
Funding Circle is a small and medium enterprise (“SME”) loans platform. Since launching in 2010, investors and lenders across Funding Circle's geographies - including retail investors, banks, specialty finance companies, asset management companies, insurance companies, government-backed entities and funds - have lent approximately £13 billion to c.120,000 businesses globally.
iThe Funding Circle 2021 Small Business Survey was conducted through The Bliss Group’s Speed Data platform, powered by 1Q, a survey application that polls mobile audiences in real time. The survey includes responses from 1,000 U.S. business owners, who completed the questionnaire on October 26, 2021.
BigCommerce | February 01, 2022
BigCommerce, a leading Open SaaS ecommerce platform for fast-growing and established brands, today announced it has extended its global presence into Germany, Mexico and Spain. With BigCommerce’s flexible enterprise-grade ecommerce platform and best-of-breed partner network, local merchants will be able to build, scale and grow their B2C and B2B businesses internationally and leverage industry-leading omnichannel capabilities for marketplace selling to drive revenue. The company’s latest expansion comes six months after its successful launch into France, Italy and the Netherlands and marks BigCommerce’s official market entry into Latin America.
As the number of ecommerce and cross-border sales continue to climb worldwide, retailers increasingly seek to create modern and frictionless shopping experiences to meet evolving consumer expectations. BigCommerce’s Open SaaS ecommerce platform is designed to scale with business growth and enables merchants of all sizes—from small startups to large enterprises—to deliver localized and innovative customer experiences.
With a free trial*, merchants can:
Launch and grow their business internationally. A range of multi-language, multi-currency and secure payment capabilities allows merchants to easily create storefronts tailored to local or cross-border customers and test new markets.
Uncover new channels for revenue. BigCommerce’s omnichannel platform enables retailers to discover new revenue streams by exploring new sales channels like Facebook Shops, Google Shopping, Instagram Shopping and more.
Leverage local support for future growth. In addition to a fully translated front- and back-end and support resources, the creation of key roles in-country and a widening partner network will equip merchants with the tools they need to grow their online businesses.
Build powerful B2B storefronts. As the global B2B ecommerce market size continues to grow, international merchants can transition their businesses online with BigCommerce's native B2B functionality and strong ecosystem of integration partner applications.
“A robust and flexible ecommerce platform that can grow in parallel with business needs is critical for merchants to gain solid footing in today’s increasingly digital world. This is the competitive advantage BigCommerce offers to retailers in our newest regions. Coupled with local support and translated resources to establish their brand, connect with customers and build trust, our solution primes businesses to enrich the online customer shopping experience and positions them to innovate in today’s rapidly evolving marketplace.”
Meghan Stabler, vice president of international marketing, BigCommerce
BigCommerce’s roster of established clients in each region includes well-known brands such as Tienda Chivas in Mexico; Diageo and Safeguru in Spain; and Unu Motors and Dr. Barbara Sturm in Germany all using BigCommerce’s platform to manage and optimize their online stores.
BigCommerce is a leading open software-as-a-service (SaaS) ecommerce platform that empowers merchants of all sizes to build, innovate and grow their businesses online. BigCommerce provides merchants sophisticated enterprise-grade functionality, customization and performance with simplicity and ease-of-use. Tens of thousands of B2C and B2B companies across 150 countries and numerous industries use BigCommerce to create beautiful, engaging online stores, including Ben & Jerry’s, Molton Brown, S.C. Johnson, Skullcandy, SoloStove and Vodafone. Headquartered in Austin, BigCommerce has offices in London, Kyiv, San Francisco, and Sydney.