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Fraudsters have significantly expanded phishing campaigns to include COVID-19 messaging
Officials have dumped an enormous amount of money into the economy in a matter of weeks. That means the environment is ripe for fraud.
Once again, lenders across the US have been inundated with applications and are struggling to keep up with demand
The bank has launched Regions Next Step to offer free online tools and resources for customers
Data indicates that banks have earned more than $20 billion in fees from processing PPP loans so far
Banks and credit unions need to be able to identify which of the loans in their portfolios are at risk of default, so that they can proactively address that risk
The Paycheck Protection Program has provided loans to almost half of businesses in every state – and in some it has reached much more
Authorities have inquired about Wells Fargo’s handling of PPP loans, according to a regulatory filing
Consumer survey shows that just a quarter of bank customers expect to change their behaviours in the next 12-24 months
The Fed is boosting several pandemic aid programs, including the PPP, as data shows more than half of its first expansion has been used up
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