Courting the underbanked: Amazon is changing the game for the banking industry Amazon has dipped their toe into the banking industry “water” by offering select merchants who sell on their site short-term business loans. While this is just a small segment of the overall market we all know what could happen if Amazon jumps […]
Last Month in D.C.: August FinTech Update Historically, August is a quiet month in Washington, DC. Dating back to the 1800s, Congress recessed in the summer months to escape the heat. Before the arrival of central air conditioning, the hot and sticky summer months were more than the elected officials could bear and even the […]
CMFG Ventures Announces Investment in Mirador Company Delivers Complete Digital Small Business Lending Platform to Credit Union Industry As we continue to power the future of small business lending, working more closely with credit unions is an obvious step to better support access to reasonable and transparent credit for small business owners. Last week, CMFG […]
Alternative lenders are disparaging banks: See how we’re helping traditional lenders compete. In a recent direct mail campaign from Funding Circle, the alternative lender is presenting alternative facts as well. We've played Mythbusters with their “facts” and presented data from real bank lenders using Mirador's digital small business lending platform. Myth: The process takes months. […]
Join us for a FinTech Industry Update Webinar Hosted by Trevor Dryer, CEO & Co-Founder of Mirador. Date: Tuesday, August 22 Time: 2pm Eastern, 11am Pacific Duration: 60 minutes Register for the webinar. The world of FinTech is continuously evolving, new players are entering and continue to push further innovation in the marketplace. In this webinar, Trevor Dryer, CEO & Co-Founder […]
A new report released by the Treasury Department further proves what many of us already know: CDFIs provide financial services to the most underserved communities across this country. According to an article published in the American Banker about the report, clear evidence exists for continuation of the Bank Enterprise Award Program (BEA Program) which provides monetary […]
Small business lending continues as a favorite topic with policymakers in Washington, DC. As the Trump Administration adds staff and nominates individuals for key policy positions, some key posts were vacated this month. Discussion on the future of the Consumer Financial Protection Bureau persist while the Bureau pushes forward with their efforts to obtain data […]
Our recent op-ed, Killing CDFIs would make a bad situation worse for businesses, was featured in an open letter from Representative Velazquez and Senator Shaheen to Steven Mnuchin, Secretary, Department of the Treasury, and Mick Mulvaney, Director, Office of Management of Budget. The letter detailed the concerns of the congresswomen and their constituents, specifically the concern […]
Monday, May 22, CEO and Co-Founder, Trevor Dryer will be presenting a best practices session at Barlow’s Annual Business Banking Conference exploring Leveraging Technology to Increase Customer Engagement and Profitability. Small businesses are the key to this country's future economic growth. Mirador is the leading front-end small business lending platform and a trusted solution supporting banks […]
This article originally appeared in American Banker on April 21. Link. BankThink: Killing CDFIs would make a bad situation worse for small business By Trevor Dryer Small-business growth and job creation positively impacts the U.S. economy, but a gap exists in small businesses' access to cost-effective credit, hurting their ability to subsist, much less […]