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Deep Dive: How The COVID-19 Pandemic Is Moving SMB Lending, Disbursements Away From Paper Checks

Deep Dive: How The COVID-19 Pandemic Is Moving SMB Lending, Disbursements Away From Paper Checks
Deep Dive: How The COVID-19 Pandemic Is Moving SMB Lending, Disbursements Away From Paper Checks
July 07, 2020  |  Disbursements

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Number Of Homeowners In Mortgage Bailout Program Drops By 104K
Number Of Homeowners In Mortgage Bailout Program Drops By 104K
July 06, 2020  |  Coronavirus

The number of homeowners in the mortgage bailout program under the federal CARES Act fell by 104,000 from June 23 to June 30 — the...

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How Automated Authentication Helps Propel SMB Loan Disbursements
How Automated Authentication Helps Propel SMB Loan Disbursements
July 06, 2020  |  Disbursements

The economic realities of COVID-19 have many small- to medium-sized businesses (SMBs) turning to lenders to keep their heads above water, but paper-based processes can...

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Chinese Banks Vie For SMBs With New Virtual Bank Applications
Chinese Banks Vie For SMBs With New Virtual Bank Applications
July 02, 2020  |  B2B Payments

New Chinese lender Ping An OneConnect, along with HSBC, are both working to help ease small- to medium-sized businesses (SMBs) into new virtual, more efficient...

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A Digital Disbursement Fix To Help SMBs Keep Afloat
A Digital Disbursement Fix To Help SMBs Keep Afloat
July 02, 2020  |  Disbursements

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PPP Application Deadline Extended Until Aug. 8
PPP Application Deadline Extended Until Aug. 8
July 01, 2020  |  Loans

The U.S. House of Representatives has passed a bill to extend the deadline for businesses to apply for forgivable loan aid through the Paycheck Protection...

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How CUs Can Leverage Loyalty Programs To Boost Their Brands And Retain Members
How CUs Can Leverage Loyalty Programs To Boost Their Brands And Retain Members
July 01, 2020  |  Credit Unions

Serving credit union (CU) members during the pandemic means anticipating what their members need and offering the right products and services at the right place...

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Senate Approves Five-Week Extension For Paycheck Protection Program 
Senate Approves Five-Week Extension For Paycheck Protection Program 
July 01, 2020  |  Loans

Just as the application deadline was set to expire on the Paycheck Protection Program (PPP) at midnight Tuesday (June 30), the U.S. Senate extended the...

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Lenders Tighten Credit Requirements Amid New Reporting Rules
Lenders Tighten Credit Requirements Amid New Reporting Rules
June 29, 2020  |  Loans

It’s a little harder for U.S. consumers to get credit as lenders retreat during the coronavirus crisis, The Wall Street Journal reported. Get the Full...

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