In the last three years, the banking and fintech sectors have undergone significant, foundational changes, profoundly impacting U.S. small businesses. Much of the talk around fintech and bank partnerships highlights the Banking-as-a-Service model, however, there is enormous opportunity for banks and fintechs to work together to optimize a bank’s existing model. This evolution marks a shift from a high-risk, competitive landscape to a collaborative environment, allowing banks and fintechs to work in synergy, ultimately enhancing support for business owners and their business financing needs.
The Digital Transformation Journey
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