Small banks you've never heard of are quietly enabling the tech takeover of the financial industry

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

A small group of banks are handling the 'financial' side of billion-dollar fintech start-ups.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Recognizing the importance of fin tech by small banks, and implementing a digital solution is not innovation tho. The collaboration of major tech innovators and banks with deep pockets will spark innovation. Tech or banks can’t overtake the industry on its own.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A majority of small-business owners think a recession is coming: SurveyA majority of small-business owners expect a recession within a year, according to the CNBC/SurveyMonkey Small Business Survey. Main Street sentiment is not dire, but it has declined from a peak that matched the stock market high in Q3 2018. MakeIt How many articles will we read about a recession coming followed by ones that say it’s not coming. So many “experts” with conflicting data MakeIt Unfortunately it's been about a 30 year recession for small businesses in this country MakeIt Clinton Broadcast System has its fingers and toes crossed
Source: CNBC - 🏆 12. / 72 Read more »

Growing economic anxiety hits Main Street as small-business confidence declines: SurveySmall-business confidence declined in the Q1, according to a new CNBC/SurveyMonkey survey. After reaching an all-time high in the Q3r 2018, entrepreneurs across the U.S. have grown more concerned about business conditions, revenue and hiring. MakeIt All confidence is declining
Source: CNBC - 🏆 12. / 72 Read more »

Almost 60% of small business owners launch with less than $25,000Almost 60% of small business owners launch with less than $25,000 via CNBCMakeIt MakeIt I second. VCs are glorified moneylenders, whose business is making money. Period. MakeIt What about trying to open a business without any VC shits? MakeIt Those businesses should be all employee owned !! AOC will make it happen !🏳️‍🌈🇺🇸🏳️‍🌈🇺🇸
Source: CNBC - 🏆 12. / 72 Read more »