PPP

The Paycheck Protection Program allows entities to apply for low-interest private loans to pay for their payroll and certain other costs.

Source: en.wikipedia.org

Today In Payments: Ant Group Expands Digital Yuan Trial; Kabbage, FinTechs Reportedly Under DOJ Scrutiny Over PPP Loans

Today In Payments: Ant Group Expands Digital Yuan Trial; Kabbage, FinTechs Reportedly Under DOJ Scrutiny Over PPP Loans
Today In Payments: Ant Group Expands Digital Yuan Trial; Kabbage, FinTechs Reportedly Under DOJ Scrutiny...
May 10, 2021  |  News

In today’s top news, China’s digital yuan trials have been expanded to Alipay users, and the U.S. Department of Justice is investigating how several FinTechs, such as...

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Report: 30+ Startups Got PPP Loans, Then Merged With SPACs
Report: 30+ Startups Got PPP Loans, Then Merged With SPACs
May 10, 2021  |  Loans

Dozens of companies sought and received federal assistance through the Payroll Protection Program (PPP) that Congress created to help small businesses survive COVID-19 shutdowns, and...

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SMBs Lead An Effort For Faster, Safer Loan Underwriting
SMBs Lead An Effort For Faster, Safer Loan Underwriting
April 26, 2021  |  B2B Payments

The open banking model zeroes in on the opportunities that third-party FinTechs might have by unlocking banking data of their clients. But as the concept...

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PPP Remains A Favorite Target Of Fraudsters
PPP Remains A Favorite Target Of Fraudsters
April 12, 2021  |  B2B Payments

Fraudsters have discovered yet another way to infiltrate the Paycheck Protection Program (PPP), and the business email compromise (BEC) continues to reign as the biggest...

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Biden Administration Extends Small Business Loan Program
Biden Administration Extends Small Business Loan Program
March 31, 2021  |  Loans

President Joe Biden has extended the period that small businesses have to seek loans to offset costs related to the COVID-19 pandemic. According to Bloomberg,...

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Restaurant Roundup: Major Chains Expand As SMBs Seek Loans
Restaurant Roundup: Major Chains Expand As SMBs Seek Loans
March 26, 2021  |  Retail

As restaurants look to take advantage of the trillions of dollars in stimulus, including $28.6 billion in funding designated to restaurant relief that was passed...

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NEW DATA: Digital Lessons From Main Street’s 2021 SMB Survivors
NEW DATA: Digital Lessons From Main Street’s 2021 SMB Survivors
March 08, 2021  |  Economy

The anniversary of the United States’ first pandemic-related lockdown measures is fast approaching. March 19 will mark 365 days since California became the first —...

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New PPP Round Finally Gets Around To Gig Workers And More SMBs 
New PPP Round Finally Gets Around To Gig Workers And More SMBs 
February 25, 2021  |  Loans

Another round of Paycheck Protection Program (PPP) funds is readying to hit the bank accounts of small business owners, this time slightly modified from the...

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