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Bank of America, Wells Fargo Hit Minority Investment Targets

Bank of America, Wells Fargo Hit Minority Investment Targets

The banking giants have fulfilled pledges made last year to boost investment in minority-owned banks and businesses
Blue Ridge Bank Launches PPP Platform for Self-Employed

Blue Ridge Bank Launches PPP Platform for Self-Employed

Platform will help gig workers and contractors access government Covid-19 support
What the Post-Pandemic Banking Landscape Will Look Like

What the Post-Pandemic Banking Landscape Will Look Like

The PPP and related changes to operations could reshape some areas of the banking sector, says PwC
Nearly 5m Now in Forbearance Due to Pandemic, Says Survey

Nearly 5m Now in Forbearance Due to Pandemic, Says Survey

Less than a quarter of homeowners in forbearance have managed to make payments for May, according to fintech firm Black Knight
How to Commit Stimulus Fraud

How to Commit Stimulus Fraud

Officials have dumped an enormous amount of money into the economy in a matter of weeks. That means the environment is ripe for fraud.
Business Loan Programs Expanding as Demand Soars

Business Loan Programs Expanding as Demand Soars

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
Banks Grant Millions of Payment Deferrals During Pandemic

Banks Grant Millions of Payment Deferrals During Pandemic

New York-based Signature Bank says roughly 14% of its loan book is seeking to defer payments as the pandemic challenges cashflow
Chase Accused of Pushing Small Businesses to the back of The Line

Chase Accused of Pushing Small Businesses to the back of The Line

Lawsuit alleges unfair business practices by prioritizing borrowers who were seeking larger loan amounts rather than a good faith effort to take business on a first come first serve basis
PPP: $300bn Extension Proposed as Banks Increase Calls for Action

PPP: $300bn Extension Proposed as Banks Increase Calls for Action

The Paycheck Protection Program ran out of funds last week after approving more than 1.6 million applications
SBA Scrambles to Solve PPP Processing Problems

SBA Scrambles to Solve PPP Processing Problems

The government’s $349 billion small business support package is facing issues already, according to reports
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Webinar — Leveraging Open Banking Trends to Transform Your Institution

Time/Date: October 5th, 2:00 CT

The concept of open banking is ushering in exciting new possibilities for financial institutions of all sizes, transforming how they do business and driving new revenue opportunities. Join Shane Ferrell, Vice President of Product Strategy and Director of Software Engineering Barkley Hughes as they answer these questions and more: 

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