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

PPP Fraud Reveals New Need For Banks To Use Geolocation Data

PPP Fraud Reveals New Need For Banks To Use Geolocation Data
PPP Fraud Reveals New Need For Banks To Use Geolocation Data
November 13, 2020  |  Security & Fraud

Government-benefits fraud runs at about 10 percent even during normal times, but now that the pandemic has exponentially increased U.S. federal stimulus spending, the level...

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Rep. Patrick McHenry: SMBs Need More PPP Stimulus; Big Tech Bashing ‘Irksome’
Rep. Patrick McHenry: SMBs Need More PPP Stimulus; Big Tech Bashing ‘Irksome’
October 21, 2020  |  B2B Payments

The pandemic’s economic impacts have taken a toll on all businesses but in many ways, small- to medium-sized businesses (SMBs) have faced more harm than...

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McConnell Pledges COVID-19 Stimulus Vote This Month
McConnell Pledges COVID-19 Stimulus Vote This Month
October 13, 2020  |  Coronavirus

U.S. Senate President Mitch McConnell (D-Ky.) said on Tuesday (Oct. 13) that the body will take up a COVID-19 relief measure before the end of...

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Feds Charge Texas Man With CARES Act Fraud
Feds Charge Texas Man With CARES Act Fraud
October 09, 2020  |  Security & Fraud

Federal prosecutors on Thursday (Oct. 8) charged a Dallas-area man with allegedly playing a role in a scheme that sought to fraudulently obtain $24.8 million...

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SMBs Play Waiting Game As Capitol Hill Wavers On Stimulus
SMBs Play Waiting Game As Capitol Hill Wavers On Stimulus
October 08, 2020  |  Economy

In the tilt-a-whirl that is Washington, D.C. right now, the wildest go-rounds are centered on stimulus payments. Get the Full Story Complete the form to...

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Subscriptions, AR Automation, PPP Loan Forgiveness Top This Week’s News
Subscriptions, AR Automation, PPP Loan Forgiveness Top This Week’s News
October 02, 2020  |  The Weekender

It’s the end of another work week, and the PYMNTS Weekender is here to catch you up on the latest news. We have deep dives...

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Why Main Street SMBS Are Optimistic – And Why They Should Be
Why Main Street SMBS Are Optimistic – And Why They Should Be
September 28, 2020  |  SMBs

Perhaps the greatest indicator of optimism is the willingness to put one’s money where one’s mouth is. Get the Full Story Complete the form to...

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Second Stimulus Check Not In GOP’s Pared-Down Package
Second Stimulus Check Not In GOP’s Pared-Down Package
September 09, 2020  |  Economy

Republicans unveiled a $500 billion stimulus package on Tuesday (Sept. 8) that includes another round of Paycheck Protection Program (PPP) forgivable loans for small businesses,...

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Main Street On Lockdown: The COVID-19 Cash Chasm
Main Street On Lockdown: The COVID-19 Cash Chasm
August 25, 2020  |  Coronavirus

The Paycheck Protection Program (PPP) relief effort began accepting applications from small to mid-sized businesses (SMBs), which employ roughly half of the United States workforce,...

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