CARES act

Judge Lets Bank Of America Favor SMB Clients With PPP Loans
Judge Lets Bank Of America Favor SMB Clients With PPP Loans
April 15, 2020  |  B2B Payments

A federal judge has ruled that Bank of America (BoA) can prioritize its own customers in distributing loans for the $349 billion Paycheck Protection Program...

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Bank Sites Deluged With Stimulus Payment Status Checks
Bank Sites Deluged With Stimulus Payment Status Checks
April 15, 2020  |  Coronavirus

Some U.S. banks are experiencing website issues Wednesday (April 15) as customers log on to see if their stimulus payment has been deposited. ThousandEyes, a...

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IRS Launches ‘Get My Payment’ Site To Track COVID-19 Stimulus Payments
IRS Launches ‘Get My Payment’ Site To Track COVID-19 Stimulus Payments
April 15, 2020  |  Coronavirus

No need to wonder whether your stimulus check is on its way. The Internal Revenue Service (IRS) launched a “Get My Payment” tool Wednesday (April...

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Deloitte, Unqork Team Up On SMB Lending-As-A-Service
Deloitte, Unqork Team Up On SMB Lending-As-A-Service
April 14, 2020  |  B2B Payments

To roll out a completely managed small business lending offering that digitizes the end-to-end loan life cycle, application development technology firm Unqork has teamed with...

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CFPB Tapped To Help Distribute COVID-19 Payments
CFPB Tapped To Help Distribute COVID-19 Payments
April 13, 2020  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has made it easier for people to access stimulus CARES Act funds by removing some of the legal barriers...

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Square To Distribute SBA’s PPP Loans
Square To Distribute SBA’s PPP Loans
April 13, 2020  |  Coronavirus

Square Capital announced Monday (April 13) it’s the latest FinTech to participate in the federal Paycheck Protection Program (PPP). In a tweet, Square Capital Lead Jackie...

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IRS Has Sent First Round Of COVID-19 Stimulus Payments
IRS Has Sent First Round Of COVID-19 Stimulus Payments
April 13, 2020  |  Coronavirus

Coronavirus stimulus payments to individuals are on their way. The Internal Revenue Service (IRS) said via Twitter on Saturday (April 11) that it has issued...

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Consumer Stimulus Payments Expected This Week
Consumer Stimulus Payments Expected This Week
April 12, 2020  |  Disbursements

People with direct deposit on file with the IRS will be among the first to get coronavirus relief funds when stimulus payments start going out...

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Companies Enlist Lobbyists For Stimulus Funds
Companies Enlist Lobbyists For Stimulus Funds
April 12, 2020  |  Coronavirus

Lobbyists are burning up the phone lines in Washington, D.C. as businesses from every sector rush to get their piece of the $2 trillion relief...

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