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A small Texas company that profits from loan applications is using a web address so similar to the Trump administration's portal for small businesses that even Treasury Secretary Steven Mnuchin pitched the wrong one when outlining a pandemic-aid program.
May 18 -
FedAccounts would be government banking on a massive scale, says Intrepid Ventures' Eric Grover.
May 18
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Wall Street's Democratic insiders, who have been cutting checks and winning access for decades, say they have plenty of sway in the former vice president's orbit, despite his very public wooing of the progressive left.
May 18 -
The coronavirus pandemic has had an immediate impact on a wide swath of consumer spending habits and payment choices — some of which may remain in place for some time after the crisis subsides — as certain categories such as travel have fallen to the wayside and others such as grocery stores have risen as more consumers eat meals at home.
May 18 -
Operation HOPE Chief Executive John Hope Bryant talks about how the Community Reinvestment Act influenced him at the age of 9 and eventually led to the founding of his nonprofit, which works with banks to help communities in need. But he says the 1977 law is outdated.
May 18
Operation HOPE Inc. -
The program would give small businesses greater flexibility on how they use loan proceeds; Warren Buffett’s company dumped 10 million of its nearly 12 million shares in the bank.
May 18 -
Bankers call credit unions’ latest efforts to ease limits on member business lending opportunistic. Credit unions say they're trying to help with the recovery effort.
May 18 -
Remote work has hampered business payment systems. Automated decentralized options are key to continuity, says Nvoicepay's Josh Cyphers.
May 18Nvoicepay -
The U.S. Patent office published a Visa patent application to create a technology gateway that could allow central bank currencies for any nation to be digitized.
May 18 -
Triad Business Bank in North Carolina, which opened in March, has made $106 million in Paycheck Protection loans.
May 17









