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Lenders can offer deferred payments and capitalize on digital banking to help small businesses and consumers get back on their feet.
April 2 -
The pandemic may force the Small Business Administration to rely more on fintechs and digital channels to hasten loan approvals, a shift that could stick.
April 1 -
One-third of small business owners reported that they don’t expect to survive for more than three months in the current coronavirus-impacted restrictions on shopping, dining and travel.
April 1 -
Interchange fees are a major part of the costs merchants pay to accept payment cards. While merchants seek relief from fees during a time in which their businesses face serious damage from stay-at-home edicts because of coronavirus, the credit card companies and banks quickly began to dig in their heels.
April 1 -
The firms say they can't handle crushing loan demand from small and medium-sized businesses.
April 1 -
Online lenders can help the agency distribute loans faster as it gets set to deploy emergency funding to small businesses.
April 1Kabbage Inc. -
Lenders and government guarantors can use loan technology to bring immediate relief to business owners, former OCC official Jo Ann Barefoot says.
April 1Alliance for Innovative Regulation -
The Treasury Department and Small Business Administration are responsible for distributing $350 billion in coming months.
March 31 -
With coronavirus driving more merchants to promote electronic payments over cash — and contactless payments over cards — many are still asking their customers to share a potentially virus-laden pen to sign a receipt or screen at the point of sale.
March 31 -
The 2008 package proved some banks were too big to fail. But the rushed $2.2 billion stimulus shows now any company can be bailed out.
March 31Polyient Labs