Coronavirus Impact
Coronavirus Impact
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
James Schenck, CEO of PenFed Credit Union

With its "people helping people" mindset, the industry is uniquely positioned to serve consumers who are suffering during the pandemic. Credit unions need to capitalize on this.

April 28
4 Min Read

Fintechs in the payments industry saw problems coming when the CARES Act’s SBA Paycheck Protection Program opened the floodgates for millions of coronavirus-stricken small businesses to apply for loans.

April 28
2 Min Read
Fast payments, real-time payments, RTP, e-money
BankThink

Lawmakers should approve a program to distribute stimulus funds using a government-sanctioned coin, which would be speedier than the current system.

April 28
4 Min Read
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The credit union regulator is making $125,000 in funding available for small, low-income lenders designated as minority depository institutions.

April 28
1 Min Read
Chris Skinner is an author, expert and speaker on banking, finance and fintech. He is the author of the The Finanser blog and chairs the Financial Services Club.
Podcast

Chris Skinner, the author of "Doing Digital," defends banks' response to the coronavirus crisis and discusses why he thinks the tech giants won't be able to take market share away from traditional financial institutions.

April 28
1 Min Read

The two lenders are being more aggressive than other European banks in putting a price on the economic devastation caused by the coronavirus outbreak.

April 28
3 Min Read
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Many businesses are turning to the popular videoconferencing platform to stay connected to employees, but institutions need to think about measures they can take to utilize it safely.

April 28
4 Min Read
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