The Latest

AICPA building in Durham, N.C.
Michael Cohn
June 10, 2020 5:21 PM

The institute released guidance on how to account for forgivable loans under the Small Business Administration’s Paycheck Protection Program.

2 Min Read
FASB chairman Russell Golden
Michael Cohn
June 10, 2020 3:06 PM

The meeting was the last in chairman Russell Golden’s term.

6 Min Read
Kate Fitzgerald
June 10, 2020 2:11 PM

The ATM industry was already mired in the painful transition away from hardware to digital technology, and now it must try to persuade consumers and merchants that cash isn’t unsafe to handle.

2 Min Read
Brett Cooksey, chief information officer, Sunrise Bank
Penny Crosman
June 10, 2020 1:59 PM

After initially processing the loans manually, the Minnesota bank turned to "low code" software to build the electronic forms and workflows needed to approve loan applications. The result: a more than fivefold increase in the number of loans it could process in a day.

6 Min Read
The lawsuits have targeted many of the nation's banks, including the four largest, JPMorgan Chase, Citigroup, Bank of America and Wells Fargo.
Kevin Wack
June 10, 2020 11:42 AM

Accountants, as well as lawyers and consultants, who helped small businesses apply for emergency relief funds through the Paycheck Protection Program want to be compensated. Are they entitled to be?

5 Min Read
Ali Raza
Kate Fitzgerald
June 10, 2020 10:32 AM

The economic impact of the coronavirus pandemic could lead to the ongoing expansion of workers’ access to early, or earned wages (EWA) through advances and instant payouts, including to new types of users.

6 Min Read
Steven Pinsky
June 9, 2020 3:11 PM

A fresh look at the Paycheck Protection Program suggests other ways businesses may want to think about it.

7 Min Read
Demonstrators hold a rally and teach-in outside of the Seattle Police Departments East Precinct on June 8, 2020.
Jennifer Tescher
June 9, 2020 9:00 AM

The global protests in the wake of George Floyd’s death should serve as a reminder that the banking industry must do more to support minority employees and customers.

4 Min Read
Alfie's Beer Bus
John Adams
June 9, 2020 12:01 AM

Alfie’s Beer Bus found a niche as an offbeat character at events in the U.K. — like an ice cream truck, only with alcohol. Then the coronavirus came.

4 Min Read
Greg Seibly, Union Bank president and head of regional banking
Allissa Kline
June 8, 2020 6:15 PM

Greg Seibly, who led the turnaround of Sterling Financial during the Great Recession, was nine days into his new job as president of Union Bank when the pandemic was declared.

5 Min Read