loans

Bottomline CEO: How FinTech Gets Creative To Extend Coronavirus Relief
Bottomline CEO: How FinTech Gets Creative To Extend Coronavirus Relief
April 07, 2020  |  B2B Payments

It’s all hands on deck as companies across industries take measures to aid the national and global response to the coronavirus pandemic. While some firms...

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Rebounding From SBA’s Bumpy PPP Roll Out
Rebounding From SBA’s Bumpy PPP Roll Out
April 07, 2020  |  Loans

You could say that Friday’s (April 3) rollout of the $350 billion small business relief Paycheck Protection Program (PPP), part of the $2 trillion CARES...

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Wells Fargo Says Lift Asset Cap To Helps SMBs
Wells Fargo Says Lift Asset Cap To Helps SMBs
April 06, 2020  |  Loans

Wells Fargo said it wants to help more with the federal government’s programs to disburse $350 billion in loans via the Paycheck Protection Program (PPP). But...

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Plaid Offers Lenders Payroll Data To Expedite SMB Loans
Plaid Offers Lenders Payroll Data To Expedite SMB Loans
April 06, 2020  |  Loans

Plaid, a startup being acquired by Visa, wants to help money get to those who need loans faster. To do so, it’s attacking the problem...

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Small Business Rescue Program Encounters Technical Challenges
Small Business Rescue Program Encounters Technical Challenges
April 06, 2020  |  Loans

Amid processing and technology challenges that are holding back payments, the U.S. government’s $350 billion small business rescue program began its fourth day on Monday...

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Today In Payments: Wells Fargo To Cap SMB Bailout Loans At $10B; Apple Buys AI Voice Assistant Startup Voysis
Today In Payments: Wells Fargo To Cap SMB Bailout Loans At $10B; Apple Buys AI...
April 06, 2020  |  News

In today’s top news, Wells Fargo began taking loan applications, saying it will disperse $10 billion to nonprofits and small businesses, and Apple bought voice...

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BOA Says 10 Pct Of $350B Emergency Loans May Be Already Gone 
BOA Says 10 Pct Of $350B Emergency Loans May Be Already Gone 
April 06, 2020  |  Coronavirus

Three days after lenders began accepting applications for business bailout loans, Bank of America said requests for the cash reached 10 percent by Monday (April...

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Wells Fargo To Cap SMB Bailout Loans at $10 Billion
Wells Fargo To Cap SMB Bailout Loans at $10 Billion
April 06, 2020  |  Loans

Wells Fargo announced it will begin taking loan applications on Monday (April 6) as part of the Paycheck Protection Program (PPP) and will disperse $10...

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Switzerland Issues $15B In SMB Loans Within First Week Of Launch
Switzerland Issues $15B In SMB Loans Within First Week Of Launch
April 05, 2020  |  Loans

Switzerland is in the midst of an economic surge compared to other coronavirus-ravaged countries, with fast and efficient loans making the difference, experts say. Applicants...

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