News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

Fed Bets Trillions In SMB Lending That Consumers Will Return

Fed Bets Trillions In SMB Lending That Consumers Will Return
Fed Bets Trillions In SMB Lending That Consumers Will Return
April 10, 2020  |  Loans

A quick recovery may be in the cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

READ MORE >
MineralTree Expands Integrations For Remote AP Departments
MineralTree Expands Integrations For Remote AP Departments
April 09, 2020  |  B2B Payments

To help additional middle-market companies automate their accounts payable (AP) processes, MineralTree announced that it has grown its integration abilities, according to a press release....

READ MORE >
The Two Things Keeping PPP Funds From Flowing Into SMB Bank Accounts
The Two Things Keeping PPP Funds From Flowing Into SMB Bank Accounts
April 09, 2020  |  Banking

For the last week, a veritable tidal wave of small- to medium-sized business (SMB) owners have been lining up to apply for Paycheck Protection Program (PPP) funds —...

READ MORE >
JPMorgan: GDP Could Drop 40 Percent, Unemployment Could Reach 20 Percent
JPMorgan: GDP Could Drop 40 Percent, Unemployment Could Reach 20 Percent
April 09, 2020  |  Economy

JPMorgan Chase has dimmed its view of the future yet again, now saying the nation’s gross domestic product (GDP) could sink by as much as...

READ MORE >
Chime Gives $200 Advances On Stimulus Checks
Chime Gives $200 Advances On Stimulus Checks
April 09, 2020  |  Loans

Chime, America’s most valuable digital bank, has begun offering cash advances ahead of the $1,200 stimulus payments Americans will be receiving next week, according to...

READ MORE >
Public Procurement Portal BuySpeed Fixes Cybersecurity Flaw
Public Procurement Portal BuySpeed Fixes Cybersecurity Flaw
April 09, 2020  |  B2B Payments

Procure-to-pay tool BuySpeed, which is used by government entities, was vulnerable to a zero-day, cross-site scripting flaw that has reportedly been resolved, SC Media reported....

READ MORE >
Insurers Say Covid Claims Excluded From Biz Interruption Policies
Insurers Say Covid Claims Excluded From Biz Interruption Policies
April 09, 2020  |  Economy

In a letter to U.S. Reps. Gilbert Cisneros and Mike Thompson, both of California, representatives from insurance industry groups wrote that standard commercial insurance policies...

READ MORE >
Fed Eyes Opening SBA Loans To FinTechs
Fed Eyes Opening SBA Loans To FinTechs
April 09, 2020  |  Loans

The demand for Small Business Administration (SBA) loans has led the Federal Reserve to consider allowing non-bank lenders to speed distribution of $350 billion in...

READ MORE >