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...
“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...
COVID-19 continues to jolt the nation’s economy as another 5,245,000 Americans applied for jobless benefits in the week ending April 11, the U.S. Labor Department reported on Thursday (April 16). That brings the total to more than 20 million in just weeks — a record. Get...
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,...
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...
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...
The European Union’s advice for countries looking to reopen as the coronavirus seems to be slowing is to do so in a controlled, cautious manner, with an eye toward closing things again if the virus flares back up, CNBC reported. Get the Full Story Complete...
McDonald’s Corp. put a kibosh on a request by its more than 1,600 franchisees which own and operate nearly all of the chain’s 14,000 U.S. restaurants, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
One day after India’s Prime Minister Narendra Modi extended the nationwide lockdown to May 3 due to the coronavirus pandemic, the country’s Commerce & Industry Department reported in a press release that merchandise exports fell by a record 34.6 percent in March while imports declined...
