Ep48: James Follette, Global Head of Commercial, Business & Retail Banking, Fenergo

Small businesses represent 43% of the US economy, yet many are struggling to access Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration, under the US Coronavirus Aid, Relief, and Economic Security (CARES) Act. Many US banks are unable to offer services to new small business customers in a timely manner, due to the complex nature of Bank Secrecy Act (BSA) rules and obligations. Fenergo has launched a plug-and-play solution that allows US business and c...