Prepaid Cards: A Business Solution to a Social Issue
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Tag: CARES Act
Explore how the CARES Act provides financial relief, supporting businesses and individuals during economic challenges, and its impact on the payments and banking industry.
Treasury Still Fails at Giving Money Away to Low Income Families
You wouldn’t think it would be so hard, but it is. Treasury is still trying to get money to an ...
The ACH Network Delivered Economic Impact Payments on Time
In late March, with COVID-19 spreading rapidly and the economy coming to a grinding halt, Congress passed the CARES Act. ...
PPP Forgiveness Calculation Discrepancies
With the ambiguity around Forgiveness Calculations and the flurry of reporting over the past week, the industry is preparing for ...
GPR Prepaid Debit Cards – Once Again Assist the Un and Underbanked With IRS Stimulus Payouts
With 22% of the U.S., population being either unbanked or underbanked, providing funds to these Americans can prove difficult. General ...
The Post Office as a Bank Branch Idea is in the News Again
Over 80 Million individuals received an Economic Impact Payment (EIP) on April 15th through ACH, and several million additional payments ...
SpotOn and SoFi Partner to Connect SMBs with Federal Stimulus Loan Programs
Over 1,500 businesses have leveraged the SpotOn platform to access CARES Act loan programs SAN FRANCISCO, CA — May 5, 2020 ...
COVID-19 Consumer Credit Relief: U.S. and Canada, the Same But Different
Banking regulators in many countries approach consumer credit protections from different angles as they navigate through the broad impact of ...
Credit Card Bureau Reporting in a COVID World
Just about every card issuer has a compassionate program to defer credit card payments for those impacted by COVID-19, but ...
Millions of Americans Won’t See COVID-19 Stimulus Checks for Months—Digital Payments Could Change That.
Everyone’s saying it, but it continues to ring true: we are living in unprecedented times. At the time of writing ...
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