The National Small Business Association polled 675 small businesses to find out how many of them became victims of a cyberattack during the past 12 months. The answer was that almost half had experienced a breach, up from 44 percent in the prior year of 2013. And of those who reported being hacked last year, 68 percent said they had been victimized by cybercriminals more than once. Read more...

Despite the advent of ATMs and banks opening branches in unusual places like grocery stores to make banking more convenient, sometimes those services aren't what you need to run the finances of your business efficiently. Read more...

There’s money in that laptop, or at least that’s what a growing number of online lending platforms want entrepreneurs to believe. In 2014 alone, Lending Club entrusted borrowers with $2.96 billion in new loans. Since its inception in 2007, the company has lent several billion dollars. According to Peter Renton, a Lending Club co-founder, the company projects it will lend upwards of $10 billion in 2015. Read more...

In 1994 Microsoft co-founder Bill Gates said, “retail banks are dinosaurs, they can be bypassed,” in a Newsweek interview. Over two decades have passed since he made that statement, but the Internet has helped change the banking landscape remarkably. Consumers can now conduct a wide variety of bank-related transactions from the comfort of their computers, tablets and mobile devices. These include making deposits, transferring funds, paying bills and managing stock portfolios. The Internet has also transformed banking for small business owners, particularly when it comes time to apply for business loans and other financing products. Read more...