Coronavirus

Bill Gates Enthusiastic About Promise Of COVID-19 Vaccines 

Microsoft Co-founder Bill Gates told "TODAY" on Thursday (Dec. 3) that he expects that by June, anyone who wants a coronavirus vaccine will be able to get one.

The Bill Gates Foundation has contributed upwards of $450 million to fight the global coronavirus, and although he told "TODAY" that “the next four or five months look pretty grim,” he is enthusiastic that “we’ll be headed back to normal” by spring.

Gates said vaccine distribution is “going to be tricky” because “the federal government has abdicated some of its responsibilities in a public health crisis.” 

So far, one vaccine has been approved in the U.K., and Gates is confident that the U.S. will be close behind in granting approvals. He also said he would step up and take the vaccine as soon as it is his turn.

Gates also commended that there has been “great cooperation” across all countries. “It’s a war and we are in it together," he noted.

In The Great Reopening report, PYMNTS reported that some 48 percent of consumers want a vaccine to be in place before they will resume normal activities, even though 68 percent are eager to resume dining out at restaurants. 

Treasury Secretary Steve Mnuchin said during testimony before the Senate banking committee that “restaurants are in need of significant grants (not loans).”

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WATCH LIVE: MONDAY, JANUARY 18, 2021 AT 12:00 PM (EST)

About: From the online betting sector where one’s physical location at the time of wager is a matter of state law, to banks complying with stringent international Know Your Customer (KYC) regulations, geolocation services are proving a powerful weapon against fraudsters. Curiously, however, new PYMNTS research shows that consumers are more willing to share location data with food-ordering apps than with their own bank’s mobile app. Be part of the discussion as PYMNTS CEO Karen Webster and experts from the geo-data sector talk about the revolution in geolocation data usage, and why banks must take part.

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