Coronavirus Impact
Coronavirus Impact

At the start of 2020, the overriding security concern when it came to payments was fraud. After all, before the days of the global coronavirus pandemic, no one had really viewed hygiene as being a particular selling point.

April 29
3 Min Read

Some bankers, economists, policy experts and even Mark Cuban say that creative uses of overdraft programs could be lifelines for consumers and businesses whose finances have been upended by the coronavirus crisis.

April 28
6 Min Read
Gavel_Money
BankThink

Elected officials are better off deciding who’s most deserving of federally backed coronavirus relief funds for small businesses.

April 28
5 Min Read
“We will judge ourselves based upon our outcomes, not our words," said Wells Fargo CEO Charlie Scharf.

Unlike recent affairs that were marred by protests, this year's meeting — held online because of the coronavirus outbreak — went smoothly as investors overwhelmingly approved the bank's slate of directors and executive compensation plan.

April 28
4 Min Read

Fannie Mae and Freddie Mac are now able to buy loans in forbearance to alleviate pressure on the sector, but the fees charged by the mortgage giants to assume more risk could turn away some originators.

April 28
6 Min Read

Barclays has experienced an incremental £264 million (about $330 million) in contactless spend in the month since it raised its per-transaction limit in response to the coronavirus pandemic, which has created an aversion to cash and contact payments.

April 28
2 Min Read

Just over 40% of respondents with private student loans said they had worked with their lenders to come up with a plan for reduced payments.

April 28
1 Min Read
PayDirt: A PaymentsSource Podcast with Daniel Wolfe
Podcast

While the entire economy will slow due to stay-in-place orders and temporary economic shutdowns, payments fintech is expected to fare much better than other investment sectors due to these trends.

April 28
1 Min Read
The Latest