back Back

Big banks stalled loan approvals, while small banks and alternative lenders rose in 2023, research reveals

By Puja Sharma

December 20, 2023

  • Affordable Lending
  • API Banking
  • API Lending

Small banks approval percentages continue to rise towards the end of 2023, going from 19.5% in October to 19.7% in November, marking an increase every month since June 2023. As we close out this year, it remains a positive that small banks have started to become more of an option for business owners searching for […]

This article can only be read by subscribers. Subscribe to IBSi Premium or Sign in

Get access to IBSi Premium

IBSi Daily News Analysis + monthly IBSi FinTech Journal

Daily insightful Financial Technology news analysis

Weekly snapshots of industry deals, events & insights

Weekly global FinTech use cases

Chart of the Week curated by IBSi’s Research Team

Monthly issues of the iconic IBSi FinTech Journal

Exclusive invitation to a flagship IBSi on-ground event of your choice

£19.99/monthly - Subscribe Now!
Previous Article

December 20, 2023

Surging credit card debt strains finances, undermines long-term savings

Read More
Next Article

December 21, 2023

The Deep dive: Cyberattacks on financial services

Read More

Weekly Case Study

Chart of the Week

FinTech insights exclusively curated by the IBSi’s Research Team

Other Related News

July 19, 2024

SMEs leverage cloud to gain competitive edge, study shows

Read More

July 16, 2024

Rise in sophisticated attacks, state-level threats, and increased ransom DDoS Incidents

Read More

July 15, 2024

Global wealth growth rebounds with major shifts expected by 2030, research reveals

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024