Banks are bracing for fallout as more people struggle to make credit card payments due to lost paychecks amid the coronavirus pandemic, according to a report by The Wall Street Journal (WSJ). Credit card companies — Capital One, Discover, Synchrony — have been allowing people to...
Cisco, the California-based global technology company, announced a new financing program that allows customers to defer 95 percent of the cost of new products until January, according to a press release. “Cisco’s customers and partners are under enormous pressure to keep their businesses connected while...
Burger King parent Restaurant Brands International will defer rent and boost franchisees in North America with extra cash as part of its response to the coronavirus pandemic, according to a CNBC report. U.S. fast food restaurant sales have fallen 34 percent compared to last year,...
Each week, PYMNTS will round up some of the latest initiatives from governments, banks and FinTechs around the world to lend support for small businesses struggling as a result of the coronavirus. With U.S. lawmakers reaching an agreement on an unprecedented $2 trillion stimulus package,...
June 18, 2020
There are now more than 100 million skipped payments on student loans, auto loans and other kinds of debt, according to a report by The Wall Street Journal. At 106 million total by the end of May, the number of skipped payments, deferments or other types of relief is now three times what it was […]
April 26, 2020
Banks are bracing for fallout as more people struggle to make credit card payments due to lost paychecks amid the coronavirus pandemic, according to a report by The Wall Street Journal...
April 14, 2020
Cisco, the California-based global technology company, announced a new financing program that allows customers to defer 95 percent of the cost of new products until January, according to a press...
March 30, 2020
Burger King parent Restaurant Brands International will defer rent and boost franchisees in North America with extra cash as part of its response to the coronavirus pandemic, according to a...
