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Fintechs Help Credit Unions With PPP Loans & Mobile Payments
Source: Credit Union Times
To help financial institutions during this coronavirus crisis, fintechs stepped up to accelerate SBA loan applications under the Paycheck Protection Program and provide help with contactless person-to-person mobile payments.
The Austin, Texas-based banking software company Temenos announced its Temenos Infinity digital omnichannel product was able to deliver a specific PPP digital loan application solution with integrated processing workflows in four days.
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