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Businesses prefer The Clearing House for RTP, Citizens exec says
The Clearing House’s Real Time Payments’ network is gaining mid-market companies as businesses gravitate toward real-time payments. Businesses prefer The Clearing House’s RTP solution because it is established and is used by nearly 67% of U.S. financial institutions, compared with the 22% utilizing the Federal Reserve’s FedNow solution for real-time payments, Michael Cummins, executive vice…
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Grasshopper Bank begins rollout of SBA lending strategy
Small businesses demand efficient access to capital and Grasshopper Bank is meeting the needs of its small business clients through its latest digital lending solutions. The New York-based digital bank launched its digital Small Business Administration (SBA) loan application on April 18 to allow small business clients to start a loan application on their own…
