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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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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COVID-19 Stimulus Money Could Show Up In Consumer Bank Accounts Today
COVID-19 Stimulus Money Could Show Up In Consumer Bank Accounts Today
April 09, 2020  |  Coronavirus

Americans could start receiving COVID-19 stimulus money from the federal government as early as Thursday (April 9) or Friday, according to reports. The first round...

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JPMC Halts Non-PPP SMB Loans
JPMC Halts Non-PPP SMB Loans
April 08, 2020  |  Loans

Those looking for a loan outside of the government’s Paycheck Protection Program (PPP) won’t find it from JPMorgan Chase, which has decided to focus solely...

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McDonald’s Sales Drop; CEO Takes 50 Pct. Pay Cut
McDonald’s Sales Drop; CEO Takes 50 Pct. Pay Cut
April 08, 2020  |  Retail

Not surprisingly, McDonald’s Corp. posted a dive in sales for the first quarter as its stores closed and the company relied on delivery and takeout...

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POS Toast Cuts Staff In Half As More Restaurants Close
POS Toast Cuts Staff In Half As More Restaurants Close
April 08, 2020  |  Coronavirus

Restaurant point-of-sale (POS) software provider Toast said it would have to cut about half of its staff — about 1,300 people — as the coronavirus...

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Amazon Pulls Plug On Its Shipping Service
Amazon Pulls Plug On Its Shipping Service
April 08, 2020  |  Amazon Delivery

Amazon is suspending its shipping service because it needs those workers for more pressing tasks, according to a report in the Wall Street Journal (WSJ)...

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Data: Consumers Lose Their Appetite For Delivery Aggregators
Data: Consumers Lose Their Appetite For Delivery Aggregators
April 08, 2020  |  Aggregators

Pretty much all of us are stuck at home due to the coronavirus pandemic, phones and tablets in hand. Hunger gnaws. The restaurants that remain...

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Moving Money X-Border In The Age Of ‘Business As Unusual’
Moving Money X-Border In The Age Of ‘Business As Unusual’
April 08, 2020  |  Cross-border Payments

Making cross-border payments work — across currencies and across time zones — is no easy task. Get the Full Story Complete the form to unlock...

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