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Minority Entrepreneurs Still Face Discrimination When Seeking Finance

The Horizons Tracker

Equipped with business profiles that exceeded the criteria for loan qualification, the Black testers were furnished with even stronger profiles (including higher business income, longer operational history, greater funds in their accounts, and superior credit scores).

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Common Financial Mistakes Small Businesses Make and How to Avoid Them

Strategy Driven

Financial consultants are a one-stop solution for all your financial concerns – be it tackling operational challenges or looking for investment opportunities for your business. While this process might seem time-saving, it can in fact jeopardise business operations in the long run.

Finance 96
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Yes, Your Uber Driver Is Judging You

Harvard Business Review

It created all this anxiety among users, but they didn’t know how to influence the score, what behaviors were being measured. Frei: Of course there will be a score aggregator at some point. We have to design them to account for the fact that human beings, flawed in all our glory, are going to be operating them.

Hotels 8
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Research: The Digitization of Banks Disproportionately Hurts Women Entrepreneurs

Harvard Business Review

As banks rush to digitize their operations , many have found that closing their local branches can help maintain a high return on an otherwise pricy transformation. As opposed to meeting with entrepreneurs, this model is largely based on financial reporting information, credit scoring, and the quality of accessible assets as collateral.