Wells Fargo To Cap SMB Bailout Loans at $10 Billion
Wells Fargo To Cap SMB Bailout Loans at $10 Billion
April 06, 2020  |  Loans

Wells Fargo announced it will begin taking loan applications on Monday (April 6) as part of the Paycheck Protection Program (PPP) and will disperse $10...

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How Visa And The US Secret Service Are Flattening The COVID-19 Fraud Curve
How Visa And The US Secret Service Are Flattening The COVID-19 Fraud Curve
April 06, 2020  |  Fraud Prevention

Fraudsters don’t get furloughs, they aren’t much for vacationing, and they certainly aren’t above taking advantage of a bad situation. Get the Full Story Complete...

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TurboTax Rolls Out Free Tool For Faster Stimulus Payments
TurboTax Rolls Out Free Tool For Faster Stimulus Payments
April 05, 2020  |  Economy

Online tax preparation service TurboTax has announced that it is rolling out a free, stimulus registration solution to assist people who are not required to file...

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JPMorgan Now Taking Applications For Paycheck Protection Program
JPMorgan Now Taking Applications For Paycheck Protection Program
April 03, 2020  |  Loans

JPMorgan, one of the nation’s largest lenders, started accepting applications for loans from the federal government’s Paycheck Protection Program (PPP) on Friday (April 3), according...

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The Week In Payments: What The New Normal Will Look Like When It Comes
The Week In Payments: What The New Normal Will Look Like When It Comes
April 03, 2020  |  Coronavirus

It is impossible at this point to write the week in payments (commerce, financial services and technology) without writing about COVID-19. As the United States...

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Bank Of America Can Now Accept Small Business Relief Applications
Bank Of America Can Now Accept Small Business Relief Applications
April 03, 2020  |  Coronavirus

Bank of America has reportedly become the first large bank to be able to take digital applications for the $350 billion small business loan program...

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Neiman Marcus Prepares For Possible Bankruptcy After Stores Shutter
Neiman Marcus Prepares For Possible Bankruptcy After Stores Shutter
April 03, 2020  |  Retail

With the COVID-19 pandemic causing it to shutter its stores, Neiman Marcus Group is increasing preparations to ask for bankruptcy protection. The luxury department store...

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US Economy Loses 701K Jobs; Unemployment Rises To 4.4 Pct.
US Economy Loses 701K Jobs; Unemployment Rises To 4.4 Pct.
April 03, 2020  |  Economy

The nation’s hiring boom that began more than two years ago is over, a casualty of COVID-19, as the number of workers who have lost...

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Treasury Says SBA SMB Relief Program Is Live, Big Banks Say They’re Not Ready
Treasury Says SBA SMB Relief Program Is Live, Big Banks Say They’re Not Ready
April 02, 2020  |  Coronavirus

Treasury Secretary Steve Mnuchin announced shortly after 7 p.m. Thursday, April 2 that the Paycheck Protection Program was live and ready to begin distributing $350...

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