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Worldline and ABN AMRO Extend Partnership to Support Payment Services in the Dutch Market RateGain and Juspay Partner to Power ‘RG Pay,’ a High-Performance Financial Technology Platform for the Global Travel and Hospitality Industry Travel Providers to Accept UnionPay Cards for Both Direct e-Commerce Bookings and Indirect Sales via Amadeus Travel Platform Creditinfo Brings Global Fraud and Identity Solution to Uganda to Strengthen AML and Financial Crime Defences BVI Financial Services Conference Examines Global Financial Crime Risks and Reaffirms BVI’s Commitment to Integrity Glia Launches Industry-First Contractual Guarantee Against AI Hallucinations and Prompt Injections Money20/20 Asia Report: APAC Fintech Ecosystem Shifts from Experimentation to Scale as AI and Digital Assets Drive Leadership MoonPay Launches New Funding Options for Pump.fun Traders Red Rocks Credit Union Partners with My First Nest Egg to Help Member Families and Local Students Build Healthy Money Habits Early Emprise Bank Adds Fintech Entrepreneur Randy Fernando to Board of Directors Unlimit Appoints Irene Skrynova as CEO, Global Payments European Fintech Blackcat Launches Multi-Wallet App Combining Euro and Crypto Accounts, Completing Rebrand DeepTarget Debuts RetainIQ™: Leveraging AI-Driven Insights and DXP Automation to Turn New Account Openings into High-Yield, Lifelong Growth UAE Markets Face Sharp Volatility as Geopolitical Headlines Drive Investor Mambu Selected as Core Banking Provider by Nyla, Africa’s First Islamic Neobank

Berkshire Bank Taps Cirrus to Support Small Business and PPP-Related Lending Initiatives

Cirrus, a provider of cloud-based document management software, announced that Berkshire Bank has selected the company’s enhanced secure document collection portal to help the bank manage an influx of SBA loan requests, including 942 PPP loans on the first day of the program.

With the help of Cirrus, Berkshire Bank is positioned to eliminate the inefficiencies and delays that often hinder overall accuracy, workload, and response times. Cirrus’ cloud-based system supports collaboration throughout the entire loan process by streamlining document management, ensuring Berkshire Bank and its customers have real-time status updates into the progress of each loan. From an operational standpoint, automating the collection and collaboration of loan documents allows Berkshire to better manage extensive loan requests and provide quicker access to capital for small businesses impacted by the Covid-19 pandemic.

“With the introduction of the Paycheck Protection Program, SBA shops essentially experienced 200 times the typical volume of loan requests versus what they are used to,” said David Brooks, founder, and CEO, Cirrus. “Cirrus’ portal plays a key role in expediting the process of managing SBA loans, enabling Berkshire Bank to collaborate remotely, execute rapidly and scale quickly to efficiently address the influx in loan requests and alleviate the document chaos associated with SBA lending.”

  1. Worldline and ABN AMRO Extend Partnership to Support Payment Services in the Dutch Market Read more
  2. RateGain and Juspay Partner to Power ‘RG Pay,’ a High-Performance Financial Technology Platform for the Global Travel and Hospitality Industry Read more
  3. Travel Providers to Accept UnionPay Cards for Both Direct e-Commerce Bookings and Indirect Sales via Amadeus Travel Platform Read more
  4. Creditinfo Brings Global Fraud and Identity Solution to Uganda to Strengthen AML and Financial Crime Defences Read more
  5. BVI Financial Services Conference Examines Global Financial Crime Risks and Reaffirms BVI’s Commitment to Integrity Read more
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