Coronavirus

Coronavirus
Black Swan Events: Lessons Learned From COVID-19
April 30, 2020

“By acting on consumer preferences, technology adoption and macro- trends — not simply paying lip service to them — financial institutions will be far better prepared to weather these types of transformative disruptions,” Jumio Chief Product Officer Philipp Pointner told PYMNTS. Learn how Jumio uses...

Coronavirus
JPMorgan Chase Submits Nearly $18B In PPP Loans
April 30, 2020

JPMorgan Chase & Co. told its small business clients that the New York financial services company has submitted 220,000 applications this week to the Paycheck Protection Program (PPP) overseen by the Small Business Administration (SBA). Get the Full Story Complete the form to unlock this...

Coronavirus
Another 3.8 Million Americans File Jobless Claims, Bringing COVID Total Above 30 Million
April 30, 2020

COVID-19 continues to take its toll on the nation’s economy, as another 3.8 million Americans filed for jobless claims week ended April 25, the U.S. Labor Department said Thursday (April 30). That brings the total number of claims filed since COVID-19 struck America to more than...

Coronavirus
Treasury Chief Mnuchin: Stimulus Checks Not For the Dead
April 29, 2020

Treasury Secretary Steve Mnuchin says $1,200 stimulus checks from the government were sent in error, and relatives and family members should return the money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Coronavirus
Coronavirus Refunds: MLB Might Give Your Money Back, But USC Won’t
April 29, 2020

The coronavirus pandemic is upsetting normal life the world over, and plenty of consumers want refunds on things they paid for but aren’t able to use. Here’s a roundup of the latest coronavirus-related refund news: Get the Full Story Complete the form to unlock this...

Coronavirus
Early Data For COVID-19 Drug Gets Mixed Reviews
April 29, 2020

Gilead Sciences Inc. raised the stakes on a treatment for COVID-19, the disease caused by the coronavirus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Coronavirus
Big Banks Temporarily Shut Out Of SBA’s PPP Loan Portal
April 29, 2020

For the first time since a small business loan program was launched, small lenders have been moved to the front of the line. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Coronavirus
Study: Economic Damage Would Be Worse Without Lockdowns, Social Distancing
April 29, 2020

A new study reveals that government-imposed shutdowns and social distancing could cut the economic impact of COVID-19 in half. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Coronavirus
Mnuchin: All PPP Loan Recipients Will Face Audits
April 29, 2020

Businesses that borrow money through the federal Paycheck Protection Program (PPP) can expect to be audited before the loans are forgiven, Treasury Secretary Steven Mnuchin told The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...