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News and Articles About Banks

Looking For Capital? Don't Forget About the Little Bank That Could.
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A new report from the Federal Deposit Insurance Corporation shows that, despite massive banking industry consolidation, there are more community banks in the U.S. now than there were 30 years ago.
April 9, 2014 in Money
One-Time Bitcoin Exchange Giant Mt. Gox Collapses Amid Insolvency, Trading Allegedly Suspended

One-Time Bitcoin Exchange Giant Mt. Gox Collapses Amid Insolvency, Trading Allegedly Suspended

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The former cryptocurrency king fizzles out, reportedly filing for bankruptcy after allegedly losing $375 million in Bitcoins in the wake of supposed 'years-long' 'unnoticed' theft.
February 25, 2014 in Technology
Bitcoin Exchange Mt. Gox Apologizes About Crippling Hack, Says Withdrawals to Resume Soon

Bitcoin Exchange Mt. Gox Apologizes About Crippling Hack, Says Withdrawals to Resume Soon

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Troubled virtual currency platform rolls out new system, set to rebound from recent attack.
February 17, 2014 in Security
JPMorgan Slams Bitcoin as Exchanges Halt Withdrawals

JPMorgan Slams Bitcoin as Exchanges Halt Withdrawals

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Bitcoin has suffered another shock to its system in the past week, but there's reason to believe the problem is only temporary.
February 12, 2014 in News and Trends
Why the Postal Service Getting Into Banking Is the Worst Idea Ever

Why the Postal Service Getting Into Banking Is the Worst Idea Ever

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In a misguided attempt to help the lowest income rung, the USPS is being floated as America's next bank. That won't help anyone.
February 6, 2014 in Business Management
India's No. 1 Bitcoin Exchange: Shutdown 'In No Way' Reflects Bitcoin's True Potential

India's No. 1 Bitcoin Exchange: Shutdown 'In No Way' Reflects Bitcoin's True Potential

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As India's central bank considers what to do about digital currencies, Bitcoin businesses in India are suspending operations.
December 27, 2013 in News and Trends
SecondMarket CEO: Wall Street Will Put 'Hundreds of Millions' Into Bitcoin

SecondMarket CEO: Wall Street Will Put 'Hundreds of Millions' Into Bitcoin

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The founder of the Bitcoin Investment Trust has been meeting with Wall Street players whom he says are preparing to pour vast amounts of money into the digital currency.
December 11, 2013 in News and Trends
How to Build Great Credit for Your Fledgling Startup

How to Build Great Credit for Your Fledgling Startup

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Young entrepreneurs have the challenge of raising funds on little to no credit history. Here's how to overcome this obstacle.
November 19, 2013 in Financing
What Your Banker Isn't Telling You

What Your Banker Isn't Telling You

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Understanding how bankers work with small-business owners will help you make the most of your relationship.
October 14, 2013 in Cash Flow & Money Management
Fed Throws Latest Punch in Swipe-Fee Brawl

Fed Throws Latest Punch in Swipe-Fee Brawl

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The U.S. Federal Reserve says it will appeal an earlier decision from the U.S. District Court that challenged the swipe-fee regulations set by the central bank.
August 22, 2013 in Cash Flow & Money Management

SBA Secures Pledge from Banks to Lend More to Veteran Entrepreneurs

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The government's small-business agency announces a pledge to support approximately 2,000 additional businesses.
May 21, 2013 in Financing
Lending to Franchises Reaches the Highest Level Since the Recession

Lending to Franchises Reaches the Highest Level Since the Recession

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Banks are expected to make $23.9 billion available to franchise businesses this year, according to a new report by the International Franchise Association.
April 9, 2013 in Financing
3 Signs You May Need to Ditch Your Bank

3 Signs You May Need to Ditch Your Bank

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It is a hassle to change banks. Here is when it is worth it.
July 13, 2012 in Bank Loans and Microloans
Most Retailers Saving Big on Debit Card Processing Fees

Most Retailers Saving Big on Debit Card Processing Fees

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Federal Reserve report shows financial reforms are making a difference for merchants, although some say it's not enough.
May 3, 2012 in Payments & Collections
Video: SBA Chief Karen G. Mills on the Small-Business Lending ComebackPlay Video

SBA Chief Karen G. Mills on the Small-Business Lending Comeback (Video)

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Karen G. Mills, the head of the U.S. Small Business Administration, talks about the agency's 2011 record year in small-business loan guarantees, helping to fill gaps when banks were reluctant to lend.
April 17, 2012 in SBA and Government Funding
Looking for a Loan? Don't Wait for a Big Bank

Looking for a Loan? Don't Wait for a Big Bank

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Approval rates at the biggest U.S. banks shriveled up a bit in March compared to the previous month, according to a survey.
April 11, 2012 in Financing
What Technologies Banks Should Be Using to Keep Your Money Safe

What Technologies Banks Should Be Using to Keep Your Money Safe

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A look at security-related banking tools that guard your business from fraud.
December 13, 2011 in Security
SBA Lending in 2012 Gets a Haircut

SBA Lending in 2012 Gets a Haircut

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The SBA announced a banner year in 2011 -- supporting a record $30 billion in loans. But come 2012, the agency's sights are $1 billion lower.
October 7, 2011 in SBA and Government Funding
Can Entrepreneurs Count on Community Banks?

Can Entrepreneurs Count on Community Banks?

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Small banks have been quietly shutting their doors in greater number. Here's how their loss could affect your business.
August 26, 2011 in Financing
A Recovery in Small-Business Lending?

A Recovery in Small-Business Lending?

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The SBA's 90 percent guarantee on certain loans may be no more, but the borrowing outlook may be brightening.
April 27, 2011 in Bank Loans and Microloans

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