Coronavirus

Coronavirus
Fed Renews Pledge To Back PPP Loans
April 16, 2020

The Federal Reserve Board reassured lenders on Thursday (April 16) that its loan guarantee program to small businesses is alive and well. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Coronavirus
Bezos: Global Testing Needed To Combat COVID-19
April 16, 2020

Jeff Bezos is the latest high-profile executive to say that universal testing for the coronavirus is key to jump-starting the economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Coronavirus
Sweden’s Outlier Response To COVID-19, And Its Results So Far
April 16, 2020

While most of the world has gone into some version enforced social distancing and quarantine mode with the rise of COVID-19 — closing schools, banning public gatherings, shutting down all non-essential businesses like restaurants and shops and requiring that anyone who can work from home...

Coronavirus
Uber Eats Sees 59 Pct Spike In European Grocery Delivery
April 16, 2020

As much of Europe remains on lockdown due to the coronavirus pandemic, Uber Eats experienced a 59 percent spike in grocery delivery orders in March compared with February, helping it offset the losses caused by closed restaurants. Get the Full Story Complete the form to...

Coronavirus
IRS Has Rocky Start With Stimulus Funds As Money Misrouted
April 16, 2020

From error messages on the Get My Payment tool to misrouted funds and checks sent to dead people, the IRS is having a tough time getting coronavirus stimulus money into the hands of those who need it most. Get the Full Story Complete the form...

Coronavirus
More ‘No-Touch Payments’ For B2B
April 16, 2020

“We anticipate that the COVID-19 crisis may be the catalyst for ending manual check printing and mailing in B2B payments,” Neal Anderson, president and CEO of OnPay Solutions, told PYMNTS. “Migrating to no-touch electronic payments is imperative, and moving to an online, automated system can...

Coronavirus
Who Will Decide When Consumers Get Back To ‘Normal’
April 16, 2020

When is the coronavirus pandemic going to be over? 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 daily newsletter, PYMNTS Today. By completing this form,...

Coronavirus
Main Street USA: 58 Percent Of Main Street SMB Retailers Say They May Not Survive...
April 16, 2020

The Paycheck Protection Program (PPP) began accepting applications on April 3. Lawmakers and business leaders alike have high hopes for the program, believing it will help provide the funds small- to medium-sized businesses (SMBs) need to keep their operations running and their staff employed for...

Coronavirus
CVS Teams With Companies To Hire 50,000 Displaced Workers
April 15, 2020

CVS is making strides to help re-employ the huge chunks of U.S. workers left jobless as the coronavirus shut everything down, and it intends to fill 50,000 positions by using the industries hit the hardest by layoffs, according to The Wall Street Journal. Get the...