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The Voice: Industry News - September 25, 2018
September 24, 2018
OCC’s Otting: Why Do State Regulators Want to Limit Consumer Choice?
The OCC’s decision to accept special purpose national bank charter applications from fintechs promotes innovation, gives consumers more choice, and creates economic growth and opportunity.
The Small Business Administration’s Misguided Plan to Eliminate SBA en Español
On Sept. 17, much of the content was eliminated from the SBA en español homepage. The SBA intends to replace this resource with a Google Translate version of the English-language SBA website.
The Digitization of Banks Disproportionately Hurts Women Entrepreneurs
This rapid digital transformation has clear downsides for entrepreneurs in general and women in particular.
Source: Harvard Business Review
Why Foundations Should Step up Their Game in Impact Investing
5 impact investors, researchers, and others recently met at a two-and-a-half day pow-wow in Sheffield, Mass., to focus on the role of philanthropy and foundations in creating “impact economy.”
Small-Biz Talks: Funding Circle on Small Business Lending
Bernardo Martinez, Managing Director of Funding Circle U.S., shares how Funding Circle is changing up the landscape online P2P marketplaces and how he sees the market continuing to evolve.
Women-owned Firms Are Growing at Double the Rate of Firms Owned by Men
Women-owned businesses are on the rise, driven by growth in primarily fast-growing service sectors where women have traditionally made up a larger share of employees.
Impact Investing Is Booming—but Not Nearly Enough to Make Radical Change
In the past year, the value of the impact investing market roughly doubled to $228B in assets under management, but that’s still a drop in the bucket of what’s needed to make real-world change.
