Newsletter Sent On: 09/21/2023

It Starts Today, See You There Read more

Actum Processing brings Instant Credits, Powered by Real-Time Payments to Funders
Actum Processing has partnered with a major Financial Institution to introduce Instant Credits, a groundbreaking solution that provides clients with the convenience of depositing funds instantly, 24/7, 365 days a year. Read more

The State of Funding Right Now
Small business lending companies have seen a surge in activity in Q3, with record-breaking numbers being set and strategic acquisitions being made. Despite the uncertainty in the market, companies have adapted their underwriting and tightened their credit policies to ensure success. Read more

The LCF Group Acquires Key Strategic Assets from Reliant Funding and Sets Course for a Record-Breaking Year
The LCF Group has announced the successful acquisition of select strategic assets and licensing rights from Reliant Funding, a foremost authority in prime funding, which will enable them to offer merchant funding through both ISO partners and directly under the LCF and Reliant brands. They are making significant progress in their integration and capturing synergies to meet the growing funding needs of small businesses nationwide. Read more

New COO at Fundkite
Rick Kuci is the new Chief Operating Officer Read more

New CRO at Fundkite
Zach Swenson is the new Chief Revenue Officer Read more

Ocrolus Launches New Cost-Effective Instant Solution
Via prnewswire Read more

CFPB Issues Guidance on Credit Denials by Lenders Using Artificial Intelligence
Consumers must receive accurate and specific reasons for credit denials, the CFPB said Read more

Fed Pauses Rate Hikes
The Fed also said they may do one more raise by year-end Read more

Square's CEO is Stepping Down
Jack Dorsey, who is the CEO of parent company Block, will temporarily take over the CEO role of Square Read more

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