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Financial Trends
Technology companies have continued to roll out new or enhanced services for corporate and individual customers
Historically high levels of debt could lead to losses at lenders in the coming months, says a new Federal Reserve report
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
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
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