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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
Banks Update on PPP Loans as Wells Fargo Probed

Banks Update on PPP Loans as Wells Fargo Probed

Authorities have inquired about Wells Fargo’s handling of PPP loans, according to a regulatory filing
ABA Offers Advice ‘Matrix’ for Banks Reopening Branches

ABA Offers Advice ‘Matrix’ for Banks Reopening Branches

Some states are phasing out stay-at-home orders and allowing businesses to reopen after nearly two months of lockdown
Banks Demand Additional Funding for PPP

Banks Demand Additional Funding for PPP

$248 billion has already been loaned to small businesses across the US, according to new data
The Challenges of Social Distancing for Banks

The Challenges of Social Distancing for Banks

As branches close, cut hours, or reduce services during the pandemic, Greenwich research highlights problems for traditional approaches
Fifth Third to Hire 1,000 Staff to Help COVID-19 Response

Fifth Third to Hire 1,000 Staff to Help COVID-19 Response

Banks are continuing to explore ways of supporting local communities, customers, and medical staff during the pandemic
How to Become an SBA Lender for the CARES Act’s Paycheck Protection Program

How to Become an SBA Lender for the CARES Act’s Paycheck Protection Program

Thankfully, the Small Business Administration (SBA) and Treasury Department finally released details
Don’t Delay CECL Accounting Standards, Argues Rating Agency

Don’t Delay CECL Accounting Standards, Argues Rating Agency

Banks should not be pushing for a delay to new rules regarding accounting for credit losses, according to KBRA
US Banks Welcome $2trn Stimulus Package

US Banks Welcome $2trn Stimulus Package

President Donald Trump has signed into law the Coronavirus Aid, Relief, and Economic Security Act. The details will help keep the banking industry stable.
Fintechs Pledge Free Support to US Banks

Fintechs Pledge Free Support to US Banks

Fintech companies are stepping up to help clients during the COVID-19 coronavirus pandemic
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She launched Visa Direct Payouts, architecting a payout capability that now reaches 11 billion endpoints across cards, accounts, and digital wallets...