Tue.Nov 14, 2017

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Using Big Data and Machine Learning to Improve Small Business Lending

Small Business Labs

Intuit recently announced QuickBooks Capital , a new small business lending product that provides users of QuickBooks access to small business loans up to about $35,000. This new service's lending process is done algorithmically and from within QuickBooks itself. Thanks to big data and machine learning techniques, most borrowers will know whether or not they are approved for a loan in just a a few minutes.  Lack of credit is consistently one of the top challenges for small businesses.

Learning 150
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How to Use APIs to Strengthen Customer Interactions

Small Business CEO

While many small business owners and entrepreneurs might not yet know what “APIs” stands for, the good news is that they don’t have to be developers to use these application programming interfaces and bring value to their companies. With APIs, projects are completed faster and operations are more efficient, meaning that this technology is quickly revolutionizing the business world.