2020-04-21
The CARES Act neglected to protect people from creditors, but some lawmakers are working to correct that.
Read More from: Shenwick & Associates
2020-04-21
Ben Soccorsy, head of digital payments in Wells Fargo’s virtual channels group, explains how the bank's 15 data-sharing agreements with fintechs and aggregators and tools like Control Tower give customers visibility into and control over their fin
Read More from: BankThink
2020-04-21
Credit Acceptance Corp., the lender to car buyers with subprime credit scores, warned it's seeing a sharp drop-off in payments as people shift their financial priorities to get through the coronavirus pandemic.
Read More from: BankThink
2020-04-20
Venture capital investment has plummeted in many coronavirus-ravaged economies, but larger, profitable fintech firms with the right digital products might still score funding.
Read More from: BankThink
2020-04-20
The Dallas company also reported a first-quarter loss after the coronavirus outbreak caused "significant deterioration" in its economic outlook.
Read More from: BankThink
2020-04-20
Federal backing for firms facing a deluge of missed mortgage payments is still on the table despite recent comments by an official who questioned the need to help the industry.
Read More from: BankThink
2020-04-20
MVB Financial plans to use Paladin Group to advise its bank and a number of its fintech clients.
Read More from: BankThink
2020-04-20
We Can Help With Uninsured Medical Expenses and Co-Pays from the Coronavirus
Read More from: The law offices of David M. Offen
2020-04-20
Bank of America and U.S. Bancorp were also named in a lawsuit filed in Sunday in which the banks are accused of prioritizing large loans distributed through the Paycheck Protection Program in order to maximize fees.
Read More from: BankThink
2020-04-20
Executives say they can still meet their goal of $480 million in cost savings this year from the combination of BB&T and SunTrust despite unexpected expenses, unless the economy fails to rebound quickly.
Read More from: BankThink
2020-04-20
After more than tripling its loan-loss provision, the $182 billion-asset company became the first large U.S. bank to report a quarterly loss as a result of the coronavirus pandemic.
Read More from: BankThink
2020-04-20
Lawmakers are considering a plan to reserve at least $50 billion in Paycheck Protection Program funds for customers of community banks and small regionals.
Read More from: BankThink
2020-04-20
The Paycheck Protection Program (“PPP”), as enacted under the Coronavirus Aid, Relief, and E
Read More from: Bankruptcy and Restructuring Blog
2020-04-20
The COVID-19 crisis has turned everyone’s lives upside down. Businesses are shuttering, employees are finding themselves furloughed, and LATE RENT notices are starting to pile up.
Read More from: Bonds & Botes, P.C.