Fintech on Main Street: How small businesses are banking on new technology

Technology is changing financial institutions’ relationships with local businesses and sole proprietors, which account for half of America’s workforce. HBS professor and former head of the Small Business Administration Karen Mills sheds light on the ongoing transformation. Will new technologies expand access to credit for sole proprietors and small businesses on Main Street? How will these new technologies affect community banks? And what are the key challenges to smart Fintech regulation?