Bitcoin Daily: DOJ Seizes COVID-19 Fraud Website As Owner Asks For Bitcoin; NYC Hospitals Use Blockchain For Supplies
Bitcoin Daily: DOJ Seizes COVID-19 Fraud Website As Owner Asks For Bitcoin; NYC Hospitals Use...
April 27, 2020  |  Bitcoin

The owner of a site that wanted to sell fake coronavirus cures and accept payment in bitcoin has been seized by the U.S. Attorney’s Office...

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BoA CEO Says All PPP Applications Should Be Funded
BoA CEO Says All PPP Applications Should Be Funded
April 26, 2020  |  Loans

As the Paycheck Prevention Program (PPP) reopens on Monday (April 27) with $310 billion, Bank of America (BoA) chief executive officer (CEO) Brian Moynihan said...

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Reliance Tests eCommerce Portal In India
Reliance Tests eCommerce Portal In India
April 26, 2020  |  eCommerce

A new shopping portal by Reliance Retail initiated testing just days after it was announced that Facebook would invest $5.7 million in digital assets into...

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Digits Lands GV Backing For Expense Management Tech
Digits Lands GV Backing For Expense Management Tech
April 26, 2020  |  B2B Payments

Silicon Valley FinTech startup Digits announced a $22 million Series B funding round led by GV — formerly known as Google Ventures — to launch...

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WH Economic Adviser Hassett Expects US Jobless Rate To Climb To 16 Pct
WH Economic Adviser Hassett Expects US Jobless Rate To Climb To 16 Pct
April 26, 2020  |  Economy

The U.S. economy could face a historic shock amid the coronavirus pandemic, with a possible 16 percent unemployment rate, hitting levels aligned with the Great...

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Mnuchin: Relief Efforts Now Should Show Results In Summer
Mnuchin: Relief Efforts Now Should Show Results In Summer
April 26, 2020  |  Coronavirus

Treasury Secretary Steve Mnuchin remains in good spirits over the U.S.’s economic future as summer approaches, saying the financial aid efforts thus far should help...

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Some Smaller Public Cos Opt To Keep PPP Funds
Some Smaller Public Cos Opt To Keep PPP Funds
April 26, 2020  |  Loans

While some of the more than 200 publicly traded companies that received funds from the Paycheck Protection Program (PPP) agreed to return the millions of...

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Banks Prep For Wave Of Skipped Credit Card Payments
Banks Prep For Wave Of Skipped Credit Card Payments
April 26, 2020  |  Coronavirus

Banks are bracing for fallout as more people struggle to make credit card payments due to lost paychecks amid the coronavirus pandemic, according to a...

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US Lenders Cautious About Making European Loans Amid Pandemic
US Lenders Cautious About Making European Loans Amid Pandemic
April 26, 2020  |  Loans

Banks in the U.S. are taking a cautious approach when it comes to extending loans to businesses in Europe, according to the Financial Times. Get...

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