Coronavirus

Coronaviruses are a group of viruses that cause diseases in mammals, including humans, and birds. In humans, the virus causes respiratory infections which are typically mild but, in rare cases, can be lethal. In cows and pigs they may cause diarrhea, while in chickens it can cause an upper respiratory disease.

Source: en.wikipedia.org

Today In Payments: WhatsApp Mulls Loans In India; Advance Estimates Show GDP Declining 4.8 Pct

Today In Payments: WhatsApp Mulls Loans In India; Advance Estimates Show GDP Declining 4.8 Pct
Today In Payments: WhatsApp Mulls Loans In India; Advance Estimates Show GDP Declining 4.8 Pct
April 29, 2020  |  News

In today’s top news, WhatsApp is considering offering credit and lending to users in India, and the Bureau of Economic Analysis estimated that GDP dropped...

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

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...

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

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...

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Yum! Brands Adapts To COVID-19 With Contactless Delivery And Digital Technology
Yum! Brands Adapts To COVID-19 With Contactless Delivery And Digital Technology
April 29, 2020  |  Earnings

Amid a focus on off-premise dining and digital technology, Yum! Brands CEO David Gibbs said the firm saw early signs of recovery in markets first impacted by...

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Lyft Lays Off 982 Employees, Furloughs 288, Cuts Exec Pay
Lyft Lays Off 982 Employees, Furloughs 288, Cuts Exec Pay
April 29, 2020  |  Ridesharing

Lyft, the San Francisco-based ridesharing company, has laid off 17 percent of its workforce and imposed salary reductions for executives for three months, CNBC reported....

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Kroger Rolls Out Contactless Payment Option With Kroger Pay
Kroger Rolls Out Contactless Payment Option With Kroger Pay
April 29, 2020  |  Payments Innovation

With a new feature that takes away the need to use a debit or credit card, Kroger has rolled out its Kroger Pay contactless payment...

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Q1 Mastercard Earnings: Worldwide Debit, Prepaid GDV Grow 9.5 Pct
Q1 Mastercard Earnings: Worldwide Debit, Prepaid GDV Grow 9.5 Pct
April 29, 2020  |  Earnings

Mastercard posted results that showed a steep falloff in transactions and cross-border volumes, as measured year over year, as the quarter progressed and the coronavirus...

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

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...

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Many US Restaurants Say PPP Loans Don’t Meet Their Needs
Many US Restaurants Say PPP Loans Don’t Meet Their Needs
April 29, 2020  |  Loans

An industry trade group said it’s highly likely that many restaurants will return loans from the U.S. Small Business Association’s (SBA) bailout program, the Financial...

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