Natural Disasters news and trends

SBA Shuts Door On SMB Disaster Loans
Loans // May 07, 2020

Without any public notice, a federal business disaster loan program has been capped at $150,000 and limited to farmers and agriculture businesses, according to The Washington Post. The Small Business Administration’s (SBA) Economic Injury Disaster Loan (EIDL) program, once an emergency source of funding, is...

The Quick And Quiet Evolution Of Insurance Toward Instant Payments 
Faster Payments // September 09, 2019

Hurricane Dorian may be officially over, but for those in the Southeastern United States and the Bahamas, the rebuild is just getting started. According to the experts, the damage Dorian left in its wake was massive – and costly. Insurers estimate it will cost them as...

Why Visa Took On Natural Disasters With Its SMB Week Hackathon
VISA // May 09, 2019

There are approximately 30.2 million small companies open for business in the U.S. today, employing around 58 million American workers, according to the Small Business Administration (SBA). That’s roughly half the adult workforce in the U.S. (47 percent), and the majority of those workers are employed...

Visa Launches Program To Help SMBs Post-Natural Disaster
VISA // September 07, 2018

Visa announced the launch of The Visa Back to Business Project, which allows U.S. consumers to support small businesses (SMBs) affected by federally declared natural disasters. Data shows that after a natural disaster, 96 percent of small businesses experience revenue losses, with 35 percent getting hit...

Interviews & Exclusives
The Quick And Quiet Evolution Of Insurance Toward Instant Payments 

September 09, 2019
Hurricane Dorian may be officially over, but for those in the Southeastern United States and the Bahamas, the rebuild is just getting started. According to the experts, the damage Dorian left in its wake was massive – and costly. Insurers estimate it will cost them as much as $25 billion. Settling the tens of thousands of […]

Why Visa Took On Natural Disasters With Its SMB Week Hackathon

May 09, 2019
There are approximately 30.2 million small companies open for business in the U.S. today, employing around 58 million American workers, according to the Small Business Administration (SBA). That’s roughly half the...

Quick Reads
SBA Shuts Door On SMB Disaster Loans

May 07, 2020
Without any public notice, a federal business disaster loan program has been capped at $150,000 and limited to farmers and agriculture businesses, according to The Washington Post. The Small Business Administration’s (SBA) Economic Injury Disaster Loan (EIDL) program, once an emergency source of funding, is out of reach for small- to medium-sized businesses (SMBs). EIDL […]

Visa Launches Program To Help SMBs Post-Natural Disaster

September 07, 2018
Visa announced the launch of The Visa Back to Business Project, which allows U.S. consumers to support small businesses (SMBs) affected by federally declared natural disasters. Data shows that after a...

The Fed Used Swipe Data To Assess Economic Impact Of Storms

August 10, 2018
To determine the economic impact of the big storms that hit the U.S. in 2017, the Federal Reserve turned to First Data Corp.’s swipe information for answers. With the data,...