Paycheck Protection Program

Using AI And Biometrics To Digitize Estate Planning
Using AI And Biometrics To Digitize Estate Planning
May 14, 2020  |  Authentication

The COVID-19 pandemic has triggered an uptick in digital fraud and identity theft, with 18,235 pandemic-related fraud reports received by the Federal Trade Commission (FTC)...

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$120B Still Available As Appetite For PPP Loans Slows
$120B Still Available As Appetite For PPP Loans Slows
May 12, 2020  |  Loans

The small business Paycheck Protection Program (PPP) still has $120 billion available as the appetite for the forgivable loans slows down, according to recent Small...

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What Lenders Are Learning About Emerging PPP Loan Fraud
What Lenders Are Learning About Emerging PPP Loan Fraud
May 12, 2020  |  Security & Fraud

In the mad dash to secure Paycheck Protection Program (PPP) funds, small businesses have faced confusion, anxiety and often a lack of clarity as to...

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Mnuchin Wants To Fix Restaurants’ PPP Woes
Mnuchin Wants To Fix Restaurants’ PPP Woes
May 11, 2020  |  Loans

Treasury Secretary Steven Mnuchin said he wants to tweak the rules of the Paycheck Protection Program (PPP) to accommodate restaurants stuck between a rock and...

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AutoNation Returns $79M In PPP Funds
AutoNation Returns $79M In PPP Funds
May 11, 2020  |  Loans

On the same day AutoNation, the Florida car retailer, reported a net loss of $232 million from operations in the first quarter, its CEO said...

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Today In Payments: Mastercard Expands Commitment To Connect 1B People; Digital Car Buying Platform Vroom To Test June IPO
Today In Payments: Mastercard Expands Commitment To Connect 1B People; Digital Car Buying Platform Vroom...
May 11, 2020  |  News

In today’s top news, Mastercard vows to connect 1 billion people to the digital economy by 2025, and Vroom is looking at filing an initial...

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Confusion Reigns As PPP Loan ‘Guidance’ Grows, Deadlines Loom
Confusion Reigns As PPP Loan ‘Guidance’ Grows, Deadlines Loom
May 11, 2020  |  Loans

The Trump administration has piled vague and confusing guidance onto the unclear regulations of the Paycheck Protection Program (PPP), increasing tensions across the business world...

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PPP, SBA Disbursements Seek Faster Routes
PPP, SBA Disbursements Seek Faster Routes
May 11, 2020  |  Disbursements

As May flowers bloom, millions of Americans are still awaiting pandemic relief monies from the government. Some got it via direct deposit. Others believe there’s...

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Report Says SBA Erred In Providing PPP Loan Guidance
Report Says SBA Erred In Providing PPP Loan Guidance
May 08, 2020  |  Loans

A new report says the Small Business Administration (SBA) failed to follow several congressional mandates in implementing a loan program designed to aid businesses during...

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