Today In Payments: Shake Shack To Give Back $10M PPP Funds; Uber Expands Delivery Options
Today In Payments: Shake Shack To Give Back $10M PPP Funds; Uber Expands Delivery Options
April 20, 2020  |  News

In today’s top news, Shake Shack said it would return the $10 million Paycheck Protection Program (PPP) loan from the government, and Uber expanded its...

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Citi CIO Says Second Wave of COVID-19 Could Wreak Financial Havoc
Citi CIO Says Second Wave of COVID-19 Could Wreak Financial Havoc
April 20, 2020  |  Economy

We’re not out of the woods yet: That’s the message from Citi Private Bank’s David Bailin. Get the Full Story Complete the form to unlock...

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Restaurants Lobby For $240B In Added Federal Funding As COVID-19 Rages On
Restaurants Lobby For $240B In Added Federal Funding As COVID-19 Rages On
April 20, 2020  |  Coronavirus

The cash flow crunch may transform the restaurant industry permanently — and none for the better. Get the Full Story Complete the form to unlock...

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Truist Provides Relief To Customers, On Track With Integration Amid COVID-19
Truist Provides Relief To Customers, On Track With Integration Amid COVID-19
April 20, 2020  |  Earnings

Truist reported better-than-expected earnings on Monday (April 20) as consumers and businesses take an economic hit from the coronavirus, noting that it has been providing...

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Small Businesses Question Handling Of US Stimulus Loans
Small Businesses Question Handling Of US Stimulus Loans
April 20, 2020  |  Loans

As Congress was poised on Monday (April 20) to replenish funds for its small business loan program, complaints persist about how previous funds were doled...

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Cannabis Firms Optimistic About Legalization After Being Deemed ‘Essential’
Cannabis Firms Optimistic About Legalization After Being Deemed ‘Essential’
April 20, 2020  |  Coronavirus

Marijuana executives are feeling optimistic about the prospects of federal legalization after cannabis dispensaries were deemed essential during the coronavirus pandemic. Get the Full Story...

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Facebook, Indonesian Tech Firms Team On Mobile Pay Proposal
Facebook, Indonesian Tech Firms Team On Mobile Pay Proposal
April 20, 2020  |  Mobile Wallets

Indonesia could be the next country to accept mobile payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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The Next Round Of PPP Funds: Will It Happen In Time For SMBs?
The Next Round Of PPP Funds: Will It Happen In Time For SMBs?
April 20, 2020  |  Coronavirus

Reports indicate that Senate Democrats and Republicans are approaching an agreement that would add more than $400 billion into the Paycheck Protection Program (PPP) for...

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Pandemic Triggers $2.1B Loss For United Airlines
Pandemic Triggers $2.1B Loss For United Airlines
April 20, 2020  |  Travel Payments

United Airlines is posting a $2.1 billion loss for the first quarter of 2020 as the coronavirus decimates the demand for flights, according to a...

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