SMALL BUSINESS ADVICE

Small Businesses Invited by airSlate to get “Back to Business” and Win Annual eSignature Subscription

About airSlate | July 01, 2021

In honor of National eSignature Day, airSlate, a leader in workflow automation solutions, invites small businesses to get “Back to Business” and enter to win an annual subscription for the company’s award-winning electronic signature solution, signNow. Small businesses across the United States are invited to share their stories beginning June 30 and continuing throughout July for a chance to win a free signNow business premium subscription with up to five seats for their employees. airSlate aims to select 10 small businesses as winners.

According to a recent airSlate survey of 500 small to midsize businesses, 52 percent had not digitized their business before the pandemic and had no plans to do so, posing significant challenges in serving customers. Over the past year, eSignature has proven to be a critical solution for small and midsize businesses, with 54 percent of those polled implementing the solution and seeing immediate benefits from increased efficiency and productivity.

SignNow's secure and compliant eSignature solution enables users to approve, deliver, and eSign documents in minutes - from anywhere, at any time, and on any device. Small businesses can use signNow to eliminate tedious paperwork and optimize business interactions to increase productivity, ultimately saving money while maximizing ROI. With airSlate research indicating that at least 25% of small to midsize business employees will continue to work remotely, workflow collaboration solutions and digital transformation are indispensable.

The competition is open to small businesses in the United States with fewer than 100 employees. Submissions must be received by July 23, 2021, at 5:30 p.m. ET, with winners announced on August 3, 2021. There is no cost to enter the contest.

About airSlate
airSlate is a global SaaS technology company that provides no-code workflow automation, electronic signature, and document management solutions to tens of millions of innovators worldwide. The company's award-winning products, including signNow, pdfFiller, airSlate, and US Legal Forms, enable teams to create, innovate, and automate to digitally transform their organizations and make them run faster and easier.

Spotlight

Many small businesses still think they're too small to warrant much attention from cyber attackers. But while that may have been somewhat true back in 2011 (when 18% of targeted attacks struck SMBs), the fact is times have changed.


Other News
TECHNOLOGY

Exela Technologies launches ExelaPay™ to provide payment acquiring and processing services, acquires Corduro®

Exela Technologies | March 15, 2022

Exela Technologies, Inc. (“Exela” or “the Company”), a global business process automation (BPA) leader, announced today its launch of ExelaPay, entering the market as a 3rd party payment processor with the acquisition of all operating assets of Corduro, Inc., an omni-channel, full-stack processing, commerce, and engagement platform. Corduro delivers integrated payments, pay-by-link, intelligent routing, and digital wallet capabilities, enabling any size organization to transform their business into a seamless commerce solution to reach customers anywhere, anytime. Corduro provides scalable payment processing and business management solutions for SAAS, franchises, billers, merchants, and ISV’s. Its customers include one of the largest networks of hospitals in the country and both large enterprises and SMBs across healthcare, retail, education and NPOs. Corduro was founded in 2008 by Robert Ziegler, who will lead the ExelaPay business unit, a seasoned payments executive with multiple patents and over 22 years in technology and payments. “I’m excited to be part of the Exela family and the Company’s digital payments expansion,” said Robert Ziegler, “By combining the Corduro platform with XBP, we can offer an end-to-end emerging payment network, bridging client’s existing investments with the future of our omni-channel payment solutions, increasing client engagement and driving digital transformation.” The acquisition of Corduro provides Exela with essential technology and talent to provide payment acquiring and processing services across Exela’s XBP network. ExelaPay can now insource processing fees across any transaction type, including capturing a significant portion of credit card fees with market rates based on a percentage of the transaction value. “We are excited to expand our XBP capabilities with the acquisition of Corduro and the launch of ExelaPay. We can now serve as a complete payment processing solution, providing the lowest total transaction cost for any payment type when customers consolidate to us as a one-stop-shop. And for Exela, capturing a greater share of processing fees within the trillions of dollars of payments we touch could have monumental impact to our revenue model.” Matt Brown, global head of business strategy at Exela Technologies About Exela Technologies Exela Technologies is a business process automation (BPA) leader, leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity, and end-user experience. With decades of experience operating mission-critical processes, Exela serves a growing roster of more than 4,000 customers throughout 50 countries, including 60% of the Fortune® 100. Utilizing foundational technologies spanning information management, workflow automation, and integrated communications, Exela’s software and services include multi-industry, departmental solution suites addressing finance and accounting, human capital management, and legal management, as well as industry-specific solutions for banking, healthcare, insurance, and the public sector. Through cloud-enabled platforms, built on a configurable stack of automation modules, and over 17,000 employees operating in 23 countries, Exela rapidly deploys integrated technology and operations as an end-to-end digital journey partner. About Corduro Corduro combines Square’s mobile device and cardcase capabilities with the reach of Facebook, Twitter and other social networks. Corduro’s enterprise platform provides a complete Payments as a Service (PaaS) framework, supporting mobile, online and point of sale (POS) terminals. Unlike Square, which is designed for small merchants and casual use, Corduro takes a mobile first approach that provides enterprise grade support for organizations of all sizes anywhere in the world, giving Corduro a huge addressable market.

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BUSINESS STRATEGY

MeridianLink® Announces Agreement to Acquire StreetShares®

MeridianLink | March 11, 2022

MeridianLink, Inc.®, a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced that it has entered into an agreement to acquire StreetShares®, a mission-driven financial technology company that provides digital small business lending technology to banks and credit unions. StreetShares is an award-winning financial technology company that started in 2014 as a low-cost, digital lender to veteran-owned small businesses. StreetShares later launched its digital business lending platform to allow community banks and credit unions to affordably make small business loans with a 100% digital, omnichannel experience. “StreetShares’ commitment to providing lenders across the U.S. with state-of-the-art business lending capabilities, including business loans, automated decisioning, and business lines of credit, aligns with our focus on empowering more banks and credit unions to better serve consumers and communities. Adding the StreetShares team, technology, and strong partnerships with organizations like Fiserv to the MeridianLink family will accelerate our small business lending capabilities and further strengthen our MeridianLink One platform.” Nicolaas Vlok, CEO of MeridianLink The StreetShares Atlas Platform™ enables banks and credit unions to get up and running in a fully digital, business lending environment in 45 days or less. Built by experienced business bankers, The Atlas Platform enables community lenders to use data-driven technology to deliver a superior digital banking product experience to their small business customers. It also specifically addresses the key challenges in small business risk assessment and decisioning to meet the financing needs of small businesses efficiently. “StreetShares is thrilled to join forces with the innovators at MeridianLink to better serve America’s main street business owners,” said Mark L. Rockefeller, StreetShares co-founder and CEO. Mickey Konson, StreetShares co-founder and president added, “Enhancing MeridianLink’s platform with StreetShares’ Atlas Platform technology will provide community banks and credit unions with industry-leading tools to better serve small business customers.” About MeridianLink MeridianLink® is a leading provider of cloud-based software solutions for financial institutions, including banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies. Headquartered in Costa Mesa, California, MeridianLink provides services to more than 1,900 customers, including a majority of the financial institutions on Forbes’ 2021 lists of America’s Best Credit Unions and Banks. About StreetShares StreetShares is a small business banking software-as-a-service (SaaS) technology company that powers community banks, credit unions, and non-financial organizations. Its Atlas Platform offers a full suite of digital, white-labeled, small business banking products to their customers. StreetShares technology was voted “Best in Show” by community bank executives at the American Banker Small Biz Banking Conference, and the StreetShares team has been recognized as EY Entrepreneurs of the Year, Innovators of the Year, and other honors.

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FINANCE

Slice Adds Remodeling Contractors to Small Business General Liability Insurance Coverage

Slice | April 04, 2022

Slice Labs Inc. (Slice), a technology company with the first on-demand insurance platform, announced the addition of remodeling contractors to the covered classes under the AERO Insurance brand. Agents can now quote, bind and issue for 70 different classes in 42 states + D.C. In the fall of 2021, Slice and Appalachian Underwriters partnered on the development and distribution of Contractors General Liability Insurance via the new brand AERO Insurance. Data from the first quarter of 2022 continues to show tremendous growth with 46% month-over-month growth. “With remodelers being such a large group of the contractors industry, we’re very pleased to offer coverage. Not only do we want agents to have the best digital experience, we want them to be able to have access to the widest set of coverage, including hard to place coverage.” Tim Atta, founder and CEO of Slice Labs About Slice Labs Slice Labs Inc. is building the future of insurance by enabling insurers, MGAs, and technology platforms to build intelligent and intuitive, on-demand digital insurance products via Slice’s cloud-based platform. Founded in 2015 and headquartered in New York City, Slice has been consistently recognized as an insurance and technology leader by industry publications, awards, and Tier 1 publications. About Appalachian Underwriters, Inc Appalachian Underwriters, Inc. (AUI) offers a leading insurance wholesale brokerage outlet for agents looking to bring their clients a broad selection of quality products. AUI is a Nationwide MGA that specializes in Workers'​ Compensation, Commercial Specialty, and Personal Lines products. The company also offers a brokerage unit that expands their product offering beyond their Managed Programs and allows them to place large specialized risks. AUI’s “one–stop” approach affords the convenience of dealing with one sales and administration staff, while gaining access to a wide range of high quality companies. Appalachian Underwriters is a wholly owned subsidiary of Acrisure.

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TECHNOLOGY

CIO Strategy Council and CyberCatch Launch Comprehensive, Cost-Effective Cybersecurity Solution Designed to Help Small and Medium-Sized Organizations

CyberCatch | March 30, 2022

CIO Strategy Council and CIO Strategy Council Member, CyberCatch, today jointly announced the launch of CAN/CIOSC 104 Compliance Manager, a comprehensive, cost-effective cybersecurity Software-as-a-Service (SaaS) solution for SMOs. CAN/CIOSC 104 is Canada's National Standard for Baseline Cyber Security Controls for SMOs. The Standard was published by the CIO Strategy Council with support from Standards Council of Canada (SCC) to help SMOs in Canada improve their cyber posture. The CIO Strategy Council is accredited by SCC and develops national standards for the digital economy to help propel Canada as a digital-first nation. "The Government of Canada recognizes that cybersecurity plays an integral role in building trust with consumers and keeping Canadian businesses competitive," said the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry. "With cyber attacks on the rise, this new solution will support ISED's CyberSecure Canada program and our commitment to helping smaller businesses across Canada secure their systems and data to succeed in today's digital economy," continued Minister Champagne. "SMOs have limited resources and generally don't know what cybersecurity controls to implement or how to implement in order to be secure from cyber threats," said Keith Jansa, Executive Director, CIO Strategy Council. "We are pleased to have published CAN/CIOSC 104 in collaboration with Standards Council of Canada and Innovation, Science and Economic Development. The national standard is specifically tailored for SMOs and prescribes up to 55 cybersecurity controls to mitigate cyber risk while operating successfully in the digital world," continued Jansa. The CAN/CIOSC 104 Compliance Manager is a state-of-the-art cybersecurity SaaS solution, powered by CyberCatch, for SMOs in Canada to quickly and easily comply with CAN/CIOSC 104 and stay safe from cyber threats. The solution comprises of a tool-set to implement the necessary cybersecurity controls, with the help of a team of industry-leading cybersecurity experts. It also provides training to all employees and automatically and continuously tests controls to make sure there are no security holes for attackers to exploit and break in and steal data or infect ransomware. "The cloud-native platform solution makes it easy and inexpensive for SMOs to comply with CAN/CIOSC 104 and maintain compliance and security. Also, a team of industry-leading cybersecurity experts guide the SMOs to success. SMOs in Canada are definitely vulnerable. For example, the Small and Medium-Sized Businesses Vulnerabilities Report (SMBVR) revealed that 84% of SMOs in Canada are vulnerable to "spoofing" and can easily be attacked digitally. Our mission is to protect SMOs from cyber threats so they can be safe, thrive digitally and grow the economy." Sai Huda, founder, chairman and CEO, CyberCatch "We have been in business since 1912. We are now in a digital world and cyber threats are real. The CAN/CIOSC 104 Compliance Manager is a must-have so we can be safe from cyber threats and continue to be successful. Highly recommend the solution," said John Lake, Owner, Porcupine Advance Printers. "The CAN/CIOSC 104 Compliance Manager is a comprehensive and highly effective cybersecurity solution. Highly recommend it to any business to stay safe from cyber threats," said Arjun Grewal, CEO, Ventus Respiratory. About CIO Strategy Council The CIO Strategy Council is Canada's national forum that brings together the country's most forward-thinking chief information officers and executive technology leaders to collectively mobilize on common digital priorities. Cutting across major sectors of the Canadian economy – public, private and not for profit – the Council harnesses the collective expertise and action of Canada's CIOs to propel Canada as a digital-first nation. The CIO Strategy Council is accredited by the Standards Council of Canada and develops standards that support the data-driven economy. About CyberCatch CyberCatch is a unique cybersecurity Software-as-a-Service (SaaS) company that protects small and medium-sized businesses (SMBs) from cyberattacks by focusing on the root cause why SMBs fall victim: security holes. It provides an innovative cloud-based SaaS platform coupled with deep subject matter expertise to help SMBs implement just the right type and amount of cybersecurity controls. The platform then performs automated testing of controls from three dimensions: outside-in, inside-out and social engineering. It generates the Cyber Breach Score to continuously measure cyber risk, and finds security holes and guides the SMB to fix them promptly, so attackers can't exploit any missing or broken controls to break in and steal data or infect ransomware. CyberCatch's continuous value proposition: Test. Fix. Secure.

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Spotlight

Many small businesses still think they're too small to warrant much attention from cyber attackers. But while that may have been somewhat true back in 2011 (when 18% of targeted attacks struck SMBs), the fact is times have changed.

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