Three Unexpected Benefits of Going Paperless

You know going paperless can reduce your carbon footprint and help the environment. And you know that maintaining electronic records has been fully compliant with regulations for years now. But there are some unexpected pluses to reducing your bank's reliance on paper, beyond the benefit to the environment. Here are three hidden benefits to going […]

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Fintech Regulatory Updates: October 27

Fintech innovation operates in an ever-evolving financial regulatory landscape. Regulators are stepping up scrutiny of non-banks, particularly marketplace lenders, even as the new Consumer Financial Protection Bureau (CFPB) establishes its mandate and rules. This shifting landscape carries regulatory implications for traditional banks weighing fintech partnerships. In this blog series, Mirador will recap the latest regulatory […]

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How Mobile-Friendly is Your Small Business Lending Program?

Recently the alternative lender Kabbage launched a new app that makes the entire small business loan origination process mobile–and completely automatic. Using this app, small business owners can apply for a loan directly from their mobile phones. The application, identity verification, and approval processes are completely automated. Qualified borrowers are approved in seconds, literally. The […]

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If You Can't Beat ‘Em, Join ‘Em: Banks Embrace Fintech Innovation

In the confusion after the 2008 market crash, new, innovative financial players cropped up and started nibbling at the edges of several profitable markets, including consumer lending, investment management, and small business lending. Now that nibbling is starting to turn into bigger and bigger bites–and banks are starting to take notice. Non-bank originators already hold […]

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Fintech Regulatory Updates: September 12

Fintech innovation operates in an ever-evolving financial regulatory landscape. Regulators are stepping up scrutiny of non-banks, particularly marketplace lenders, even as the new Consumer Financial Protection Bureau (CFPB) establishes its mandate and rules. This shifting landscape carries regulatory implications for traditional banks weighing fintech partnerships. In this blog series, Mirador will recap the latest regulatory […]

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How an Online Lending Platform Can Help Small Business Borrowers Find the Perfect SBA Loan

7(a). 504. Working capital. Merchant cash advance. Professional practice. Franchise startup. Peer-to-peer. Microloan. Line of credit.   With more than 25 different types of loans, it's tricky for small business owners to navigate the lending environment. Various restrictions complicate matters even further, leaving borrowers unsure if they're getting the right loan to match their needs […]

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