Coronavirus Impact
Coronavirus Impact

The central bank and other agencies have come under pressure to be transparent about their use of funds authorized by the recent pandemic rescue law.

April 23
1 Min Read

Discover and Sallie Mae are the latest to report a surge in forbearance requests as households struggle with job loss and other hardships resulting from the coronavirus pandemic.

April 23
3 Min Read

The popular videoconferencing service has been beset by security issues, and some banks have banned employees from using it. Are they overreacting?

April 23
5 Min Read

Financial-technology startup Stripe Inc. is starting a card-issuing service for U.S. clients as it expands beyond payment processing.

April 23
1 Min Read

Alliance Data Systems Corp., which provides credit cards for Victoria’s Secret and J. Crew, abandoned its full-year revenue and earnings forecasts as a nationwide shutdown cuts consumer spending.

April 23
1 Min Read
The AGs are asking FHFA and HUD to revise their forbearance programs so that the entire amount of skipped payments are placed at the end of the loan's term.

The bipartisan coalition of AGs said homeowners should be allowed to wait until the end of a loan term to make payments they skipped because of the coronavirus.

April 23
2 Min Read

Bank trade groups from all 50 states have called on Congress not to lift restrictions on member business lending under the guise of aiding with coronavirus relief efforts.

April 23
2 Min Read

Merchant acquiring is a very face-to-face, sales-oriented business. And that culture has to change before any acquirers can convince their clients that they know how to adapt to the coronavirus pandemic.

April 23
5 Min Read
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