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The government’s $349 billion small business support package is facing issues already, according to reports
Fraudsters are posing as health officials or charity workers in order to cheat people into handing over money
Banks are continuing to explore ways of supporting local communities, customers, and medical staff during the pandemic
The bank is targeting $10 billion in PPP loans but is restricted by measures put in place following the fake accounts scandal
Providers of online services are rolling new or enhanced support for banks providing loans under the PPP
Banks press on with merger and acquisition activity despite difficulties posed by pandemic
While regional banks were embracing small business loans, the U.S. government sparred with the top four regarding the program as larger banks did not show enthusiasm
Thankfully, the Small Business Administration (SBA) and Treasury Department finally released details
You can see which way the wind’s blowing — toward customized, digital experiences mirrored after consumer experiences with tech giants like Netflix and Amazon
Wells Fargo donated $185 million, Bank of America pledged $110 million, and more than 30 others have committed to supporting communities affected by the pandemic
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