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The Two Things Keeping PPP Funds From Flowing Into SMB Bank Accounts

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 —...

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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...

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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...

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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....

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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...

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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...

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Some Consumers Are Tip-Baiting Instacart Shoppers To Get Deliveries
Some Consumers Are Tip-Baiting Instacart Shoppers To Get Deliveries
April 09, 2020  |  Delivery

Some Instacart customers have begun pulling a nasty trick, changing large tips to the shoppers to much lower amounts or even $0 after the fact,...

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Icertis Adds Contract Management To SAP Ariba
Icertis Adds Contract Management To SAP Ariba
April 09, 2020  |  B2B Payments

Icertis has teamed with SAP Ariba solutions in order to improve the source-to-contract process, according to a press release. Get the Full Story Complete the...

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