Coronavirus Impact
Coronavirus Impact
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BankThink

A properly deployed combination of asset-based lending, commercial loans and investment banking is imperative in these circumstances.

May 14
4 Min Read

Tokenization and buy buttons began, in part, as ways to calm the security concerns of online shoppers who were wary of moving away from plastic. They’re now becoming a way to keep a health and economic crisis from turning into a security problem as in-store checkout quickly gives way to apps and websites.

May 14
4 Min Read
BankThink

The coronavirus is accelerating contactless and digital payments, while upending traditional funding models for fintechs, says Sage's Pamela Novoa Ralli.

May 14
3 Min Read
Front-line bankers

Often overlooked in narratives about essential workers, branch and call-center employees are responding to challenges posed by the COVID-19 crisis. They’ve processed emergency-relief loans late into the night, coached customers unfamiliar with mobile banking and made house calls to elderly account holders.

May 13
5 Min Read
Credit card issuers are typically required to acknowledge a merchant billing error notice from a consumer within 30 days. But the guidance means issuers failing to meet that deadline will not be cited by the CFPB.

With the pandemic's economic toll leading to elevated billing error notices, the consumer bureau said card companies will not be cited if they fail to meet the typical time frame for resolving disputes.

May 13
1 Min Read

More write-downs seem inevitable as the coronavirus outbreak wreaks havoc on the economy and bank stocks.

May 13
3 Min Read
“The recovery may take some time to gather momentum, and the passage of time can turn liquidity problems into solvency problems,” said Fed Chairman Jerome Powell.

The head of the U.S. central bank said its emergency credit programs were not designed to prop businesses up over the long term.

May 13
4 Min Read
BankThink

After times of significant turmoil, habits never fully revert to previous norms. Instead, we respond to those events and permanently change the way we live, says Fiserv's Nandan Sheth.

May 13
3 Min Read
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