financial aid

Nationwide Says Business Banking Plans No Longer Viable
Nationwide Says Business Banking Plans No Longer Viable
April 05, 2020  |  B2B Payments

British lender Nationwide Building Society has curbed its plan to begin a business banking venture, saying the coronavirus has made that field nonviable for the...

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Treasury Says SBA SMB Relief Program Is Live, Big Banks Say They’re Not Ready
Treasury Says SBA SMB Relief Program Is Live, Big Banks Say They’re Not Ready
April 02, 2020  |  Coronavirus

Treasury Secretary Steve Mnuchin announced shortly after 7 p.m. Thursday, April 2 that the Paycheck Protection Program was live and ready to begin distributing $350...

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Venmo, Square Cash Vie For Stimulus Funds Distribution
Venmo, Square Cash Vie For Stimulus Funds Distribution
March 29, 2020  |  Payment Methods

Venmo and Cash App want to be considered as ways the U.S. government could deliver its stimulus funds to help the coronavirus-wrecked economy. The popular...

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SMBs’ Futures Uncertain As They Wait For Help
SMBs’ Futures Uncertain As They Wait For Help
March 27, 2020  |  Coronavirus

Small businesses are looking for good results from the House of Representatives’ vote on Friday (March 27) on a $2 trillion stimulus package that would...

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Fed Looks To Small Banks To Bail Out SMBs
Fed Looks To Small Banks To Bail Out SMBs
March 25, 2020  |  Coronavirus

The Federal Reserve is looking toward a time-worn source to help with bailing out many smaller businesses and individuals as they enlist smaller regional and...

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Coronavirus Update: Alphabet Project May Have Privacy Concerns; More Scams May Loom With Gov Payments
Coronavirus Update: Alphabet Project May Have Privacy Concerns; More Scams May Loom With Gov Payments
March 19, 2020  |  Coronavirus

Google’s attempts to aid the world during the outbreak of the coronavirus could have privacy concerns, according to some U.S. senators. The new site, created...

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Malls, Restaurants Request Aid As Coronavirus Forces Closures
Malls, Restaurants Request Aid As Coronavirus Forces Closures
March 18, 2020  |  Coronavirus

In an unparalleled attempt to contain the coronavirus pandemic, thousands of stores and other businesses are closing their doors to customers, according to reports on...

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Airlines Worldwide Will Need Billions In Bailout, Group Says
Airlines Worldwide Will Need Billions In Bailout, Group Says
March 18, 2020  |  Coronavirus

The global airline industry, struggling as the world is on lockdown with the spreading coronavirus, is increasingly turning to governments for financial aid. Without it,...

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US Airlines Ask For Up To $50B In Financial Assistance
US Airlines Ask For Up To $50B In Financial Assistance
March 16, 2020  |  Coronavirus

As carriers face the impacts of plummeting bookings, airlines in the United States are reportedly in discussions with the government to receive up to $50...

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