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USDA to Provide $1bn in Rural Business Support

USDA to Provide $1bn in Rural Business Support

Agriculture sector support comes through the same CARES Act legislation as the Paycheck Protection Program
Major Banks Granted Additional Lending Capacity

Major Banks Granted Additional Lending Capacity

A temporary rule change will allow the largest US lenders to expand their balance sheets further to help companies and households through the pandemic
How Banks Can Ensure a Safe Return to Office Working

How Banks Can Ensure a Safe Return to Office Working

Leaders should be prepared to support long-term remote working in case of a second spike in virus cases, Deloitte says
How PPP Forgiveness Will Work

How PPP Forgiveness Will Work

The SBA has published details of how borrowers using the $669 billion lending program can have their loans forgiven
Preparing for a Pandemic: Updating Your BCM

Preparing for a Pandemic: Updating Your BCM

Financial institutions are now quickly shifting priorities to ensure they are equipped to conduct business in a changing environment while also dealing with the effects of a health crisis
If lenders are struggling with PPP, wait until they hit Main Street

If lenders are struggling with PPP, wait until they hit Main Street

Once again, lenders across the US have been inundated with applications and are struggling to keep up with demand
Regions Rolls Out Financial Education Program

Regions Rolls Out Financial Education Program

The bank has launched Regions Next Step to offer free online tools and resources for customers
Banks Eye Revenue Boost From COVID-19 Support Packages

Banks Eye Revenue Boost From COVID-19 Support Packages

Data indicates that banks have earned more than $20 billion in fees from processing PPP loans so far
Individual Accountability in AML Actions

Individual Accountability in AML Actions

The Financial Crimes Enforcement Network (FinCEN) has imposed a $450,000 civil money penalty on a former compliance / chief operational risk officer
PPP By Numbers: Where the SBA’s Aid Has Helped the Most

PPP By Numbers: Where the SBA’s Aid Has Helped the Most

The Paycheck Protection Program has provided loans to almost half of businesses in every state – and in some it has reached much more
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