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The bank is targeting $10 billion in PPP loans but is restricted by measures put in place following the fake accounts scandal
Providers of online services are rolling new or enhanced support for banks providing loans under the PPP
Banks press on with merger and acquisition activity despite difficulties posed by pandemic
While regional banks were embracing small business loans, the U.S. government sparred with the top four regarding the program as larger banks did not show enthusiasm
Thankfully, the Small Business Administration (SBA) and Treasury Department finally released details
You can see which way the wind’s blowing — toward customized, digital experiences mirrored after consumer experiences with tech giants like Netflix and Amazon
Wells Fargo donated $185 million, Bank of America pledged $110 million, and more than 30 others have committed to supporting communities affected by the pandemic
More than half a trillion real-time payments are expected to be processed over the next five years, according to ACI Worldwide
Banks should not be pushing for a delay to new rules regarding accounting for credit losses, according to KBRA
President Donald Trump has signed into law the Coronavirus Aid, Relief, and Economic Security Act. The details will help keep the banking industry stable.
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