| NEW REPORT: APIs As The Great Credit Equalizer Old school FIs typically rely on outdated consumer data from credit bureaus to review a consumerâs financial viability. However, APIs can help FIs review transactional bank data to generate a more accurate consumer financial-health picture, reducing the potential for issuing risky loans. In Octoberâs B2B API Tracker, Helene Westerlund, CTO of Swedish FinTech Instantor, discusses how APIs are helping to promote financial inclusion worldwide and equalize access to credit. |
| Banks, Businesses Brace For Far-Reaching Accounting Standard Changes The Financial Accounting Standards Board (FASB) has introduced sweeping changes to the ways companies report on finances, and experts say it's not just large, public companies affected. Small businesses, firms planning on going public and even community banks will see significant disruption if they're not prepared. |
| | Alternative Finance | | National Funding Explores AltFin's Uncertain Growth Trajectory Alternative finance players and products flooded the post-financial crisis, but that doesn't mean U.S. small businesses have embraced the industry to ubiquity. A decade on, and AltFin's growth trajectory remains uncertain amid market consolidation, bank competition and SMBs' unfamiliarity with their options. National Funding Co-founder and CEO Dave Gilbert sounds off on the industry's next moves to continue growing. |
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