000			04031 a2200337 4500
003			BJBSDDR
005			20250528164413.0
007			ta
008			260525s2018 sz 00| 0 eng d
020			_a9783030036195
020			_a3030036197
040			_beng _cDLC
041			_aeng
050	1	4	_aHG 176.7 _bM657f 2018
100	1		_aMills, Karen G., _d1953- _942259
245	1	0	_aFintech, small business & the American dream : _bhow technology is transforming lending and shaping a new era of small business opportunity / _cKaren G. Mills.
260			_aCham, Suiza : _bPalgrave MacMillan, _c2018.
300			_axiv, 202 pages : _billustrations (chiefly color) ; _c24 cm.
500			_aThe Future Role of Relationships
505	0		_aThe story of small business lending Small businesses are important to the economy Small businesses and their banks : the impact of the Great Recession Structural obstacles slow small business lending What small businesses want The Fintech innovation cycle The early days of Fintech lending Technology changes the game : small business utopia A playbook for banks Regulatory obstacles : confusion, omission, and overlap The regulatory system of the future The future of Fintech and the American dream
520			_aSmall businesses are the backbone of the U.S. economy. They are the biggest job creators and offer a path to the American Dream. But for many, it is difficult to get the capital they need to operate and succeed. In the Great Recession, access to capital for small businesses froze, and in the aftermath, many community banks shuttered their doors and other lenders that had weathered the storm turned to more profitable avenues. For years after the financial crisis, the outlook for many small businesses was bleak. But then a new dawn of financial technology, or "fintech, " emerged. Beginning in 2010, new fintech entrepreneurs recognized the gaps in the small business lending market and revolutionized the customer experience for small business owners. Instead of Xeroxing a pile of paperwork and waiting weeks for an answer, small businesses filled out applications online and heard back within hours, sometimes even minutes. Banks scrambled to catch up. Technology companies like Amazon, PayPal, and Square entered the market, and new possibilities for even more transformative products and services began to appear. In Fintech, Small Business & the American Dream, former U.S. Small Business Administrator and Senior Fellow at Harvard Business School, Karen G. Mills, focuses on the needs of small businesses for capital and how technology will transform the small business lending market. This is a market that has been plagued by frictions: it is hard for a lender to figure out which small businesses are creditworthy, and borrowers often don't know how much money or what kind of loan they need. New streams of data have the power to illuminate the opaque nature of a small business's finances, making it easier for them to weather bumpy cash flows and providing more transparency to potential lenders. Mills charts how fintech has changed and will continue to change small business lending, and how financial innovation and wise regulation can restore a path to the American Dream. An ambitious book grappling with the broad significance of small business to the economy, the historical role of credit markets, the dynamics of innovation cycles, and the policy implications for regulation, Fintech, Small Business & the American Dream is relevant to bankers, fintech investors, and regulators; in fact, to anyone who is interested in the future of small business in America
650		4	_aIngeniería financiera _942368
650		4	_aNuevas empresas _xFinanzas _93261
650		4	_aAdministración financiera _97015
650		4	_aIndustria de servicios financieros _914452
650		4	_aTecnología financiera _942369
650		4	_aEmprendedores _95480
650		4	_aInnovaciones tecnológicas _96528
942			_2lcc _cBK
946			_idpf
999			_c123589 _d123589