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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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Citi Increases Loss Reserves, Enhances Digital Capabilities
Citi Increases Loss Reserves, Enhances Digital Capabilities
April 15, 2020  |  Earnings

Citigroup reported underwhelming first-quarter results on Wednesday (April 15) as the coronavirus continues to shake the global economy, announcing an approximately $5 billion increase in loan-loss...

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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. Get the...

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Tradeshift Partners With Chain IQ To Optimize Indirect Spend
Tradeshift Partners With Chain IQ To Optimize Indirect Spend
April 15, 2020  |  B2B Payments

In an effort to provide procurement services innovation, supply chain payment and marketplace company Tradeshift has teamed with global service company Chain IQ, according to...

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US Warns Of North Korean Cyber Threats To Banks
US Warns Of North Korean Cyber Threats To Banks
April 15, 2020  |  Security & Fraud

The FBI joined the departments of Homeland Security, State and Treasury in issuing a joint advisory on Wednesday (April 15) about increased cyber threats from...

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Germany To Reopen Some Shops, Schools Next Week
Germany To Reopen Some Shops, Schools Next Week
April 15, 2020  |  Economy

Germany is planning to allow some shops to reopen next week in the wake of the coronavirus pandemic, according to a Reuters report. Get the...

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Executives Call For More COVID-19 Testing In Meeting With President Trump
Executives Call For More COVID-19 Testing In Meeting With President Trump
April 15, 2020  |  Coronavirus

Business leaders reportedly said in a meeting of President Donald Trump’s task force on opening the economy that the administration would have to greatly grow...

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Apple Introduces A $399 iPhone SE
Apple Introduces A $399 iPhone SE
April 15, 2020  |  Retail

Apple will start taking orders on Friday (April 17) for its new, smaller, $399 iPhone in a move to reach budget-conscious customers as the COVID-19...

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SBA Fund Coffers Said To Run Dry Unless Congress Adds More
SBA Fund Coffers Said To Run Dry Unless Congress Adds More
April 15, 2020  |  Coronavirus

For businesses that have not yet applied for a loan under the $350 billion federal stimulus program designed to mitigate the economic ravages of the...

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