PayPal’s latest SMB lending stats, Wells Fargo hires headhunter for CEO and SEC forms SMB capital committee
| | | | BUSINESS TO BUSINESS EDITION | | PayPal (Maybe) Pulls Ahead Of The SMB Lending Pack The latest Q1 stats from PayPal might suggest that the company has pulled ahead of the alt lending pack in small business (SMB) loan volume, analysts say. Other key data points from Q1 SMB performance signal surging cyberthreats, new evidence of an impending recession and a growing performance gap between micro-firms and the middle market. |
| | Cybersecurity | | How To Motivate FinServ To Take Action On Cybersecurity Digital transformation turns financial service providers into larger targets for cyberattacks. To secure data, FIs must "know where all the doors are," as Agio Founder and CEO Bart McDonough explains to PYMNTS. The sector knows what it has to do to heighten security, he says, but knowing what to do and actually doing it are two different things. |
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