PPP

The Paycheck Protection Program allows entities to apply for low-interest private loans to pay for their payroll and certain other costs.

Source: en.wikipedia.org

PPP Fraud Reveals New Need For Banks To Use Geolocation Data
PPP Fraud Reveals New Need For Banks To Use Geolocation Data
November 13, 2020  |  Security & Fraud

Government-benefits fraud runs at about 10 percent even during normal times, but now that the pandemic has exponentially increased U.S. federal stimulus spending, the level...

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Rep. Patrick McHenry: SMBs Need More PPP Stimulus; Big Tech Bashing ‘Irksome’
Rep. Patrick McHenry: SMBs Need More PPP Stimulus; Big Tech Bashing ‘Irksome’
October 21, 2020  |  B2B Payments

The pandemic’s economic impacts have taken a toll on all businesses but in many ways, small- to medium-sized businesses (SMBs) have faced more harm than...

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McConnell Pledges COVID-19 Stimulus Vote This Month
McConnell Pledges COVID-19 Stimulus Vote This Month
October 13, 2020  |  Coronavirus

U.S. Senate President Mitch McConnell (D-Ky.) said on Tuesday (Oct. 13) that the body will take up a COVID-19 relief measure before the end of...

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Feds Charge Texas Man With CARES Act Fraud
Feds Charge Texas Man With CARES Act Fraud
October 09, 2020  |  Security & Fraud

Federal prosecutors on Thursday (Oct. 8) charged a Dallas-area man with allegedly playing a role in a scheme that sought to fraudulently obtain $24.8 million...

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SMBs Play Waiting Game As Capitol Hill Wavers On Stimulus
SMBs Play Waiting Game As Capitol Hill Wavers On Stimulus
October 08, 2020  |  Economy

In the tilt-a-whirl that is Washington, D.C. right now, the wildest go-rounds are centered on stimulus payments. Will they? Won’t they? How much are we...

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Subscriptions, AR Automation, PPP Loan Forgiveness Top This Week’s News
Subscriptions, AR Automation, PPP Loan Forgiveness Top This Week’s News
October 02, 2020  |  The Weekender

It’s the end of another work week, and the PYMNTS Weekender is here to catch you up on the latest news. We have deep dives...

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Why Main Street SMBS Are Optimistic – And Why They Should Be
Why Main Street SMBS Are Optimistic – And Why They Should Be
September 28, 2020  |  SMBs

Perhaps the greatest indicator of optimism is the willingness to put one’s money where one’s mouth is. That’s especially true for small businesses, where optimism...

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Second Stimulus Check Not In GOP’s Pared-Down Package
Second Stimulus Check Not In GOP’s Pared-Down Package
September 09, 2020  |  Economy

Republicans unveiled a $500 billion stimulus package on Tuesday (Sept. 8) that includes another round of Paycheck Protection Program (PPP) forgivable loans for small businesses,...

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Main Street On Lockdown: The COVID-19 Cash Chasm
Main Street On Lockdown: The COVID-19 Cash Chasm
August 25, 2020  |  Coronavirus

The Paycheck Protection Program (PPP) relief effort began accepting applications from small to mid-sized businesses (SMBs), which employ roughly half of the United States workforce,...

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