Today In Payments

Today In Payments: Marcus Reports $12B Boost In Deposits; Alphabet To Decelerate Pace Of Hiring
Today In Payments: Marcus Reports $12B Boost In Deposits; Alphabet To Decelerate Pace Of Hiring
April 16, 2020  |  News

In today’s top news, Goldman Sachs reported a $12 billion boost in Marcus deposits with a $72 billion tally at the end of the quarter, while...

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Today In Payments: SMB Aid Running Out As Stalemate Continues; Food Delivery Apps Face Lawsuit
Today In Payments: SMB Aid Running Out As Stalemate Continues; Food Delivery Apps Face Lawsuit
April 14, 2020  |  News

In today’s top news, leaders on Capitol Hill have not agreed on a new coronavirus relief package, and food delivery apps are facing a lawsuit...

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Today In Payments: Amazon Puts New Online Grocery Customers On Hold; JPMC Requires 700 Credit Score For New Mortgages
Today In Payments: Amazon Puts New Online Grocery Customers On Hold; JPMC Requires 700 Credit Score...
April 13, 2020  |  News

In today’s top news, Amazon will put new customers for its grocery delivery service on a waitlist and JPMorgan Chase is raising its standards for...

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Today In Payments: Vroom Teams With Santander For Financing; Uber Eats Grows Business Delivery
Today In Payments: Vroom Teams With Santander For Financing; Uber Eats Grows Business Delivery
April 09, 2020  |  News

In today’s top news, Vroom has arrived at a multi-year deal with Santander Consumer USA for auto financing, and Uber Eats launched its food delivery...

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Today In Payments: Toast Reduces Headcount Amid Coronavirus; SBA Faces Difficulties With Relief Loans
Today In Payments: Toast Reduces Headcount Amid Coronavirus; SBA Faces Difficulties With Relief Loans
April 08, 2020  |  News

In today’s top news, Toast is decreasing its headcount amid the coronavirus, and Amazon is halting its shipping service as it needs workers for more...

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Today In Payments: Fed Plans New Facility For SMB PPP Loans; SBA Computer Crash Tangles PPP Loan Process
Today In Payments: Fed Plans New Facility For SMB PPP Loans; SBA Computer Crash Tangles...
April 07, 2020  |  News

In today’s top news, the Federal Reserve and Treasury Department are collaborating to develop a new facility to help small- to medium-sized businesses (SMBs) stay...

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Today In Payments: Wells Fargo To Cap SMB Bailout Loans At $10B; Apple Buys AI Voice Assistant Startup Voysis
Today In Payments: Wells Fargo To Cap SMB Bailout Loans At $10B; Apple Buys AI...
April 06, 2020  |  News

In today’s top news, Wells Fargo began taking loan applications, saying it will disperse $10 billion to nonprofits and small businesses, and Apple bought voice...

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Today In Payments: Airbnb Drops Internal Valuation 16 Pct; Gig Workers’ Unemployment Benefits In Question
Today In Payments: Airbnb Drops Internal Valuation 16 Pct; Gig Workers’ Unemployment Benefits In Question
April 03, 2020  |  News

In today’s top news, Airbnb has lowered its internal valuation 16 percent as lockdowns continue to hammer business, and gig workers face uncertainty over how...

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Today In Payments: Apple Eases Streaming App Commissions; Softbank Abandons WeWork Deal
Today In Payments: Apple Eases Streaming App Commissions; Softbank Abandons WeWork Deal
April 02, 2020  |  News

In today’s top news, Apple will end its practice of taking a commission from streaming platforms operating on its devices, and Softbank pulled out of...

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