News Feed

A DoorDash Inc. delivery bag sits on the floor at Chef Geoff's restaurant in Washington, D.C., U.S., on Thursday, March 26, 2020.
Miriam Cross
August 5, 2020 2:11 PM

The owner of The Shuckery in Petaluma, Calif., says she was unable to get a Paycheck Protection Program loan until she responded to an email from the delivery service and BlueVine.

4 Min Read
AICPA building in Durham, N.C.
Michael Cohn
August 5, 2020 1:46 PM

The American Institute of CPAs joined with more than 170 organizations in asking congressional leaders to allow businesses to write off expenses associated with loan forgiveness under the Paycheck Protection Program.

5 Min Read
AT-080520-ADPjuly2020JobGainsChart.png
Michael Cohn
August 5, 2020 12:06 PM

Job growth slowed in July as a result of the novel coronavirus pandemic.

3 Min Read
Michael Moeser
August 5, 2020 11:00 AM

Square's gross payment volume tumbled by 15% year-over-year due to COVID-19’s impact, but revenue jumped as online selling rose, Cash App doubled in users and Square enabled almost $900 million in PPP loans.

4 Min Read
AB-GREEN-DOT-CARDS-102919
Kevin Wack
August 5, 2020 7:43 AM

The prepaid card company benefited from payments that were designed to offset the pandemic’s impact on U.S. consumers.

2 Min Read
John Adams
August 5, 2020 12:01 AM

The point of sale terminal industry was already under pressure to go digital before the coronavirus pandemic made this transition much more crucial to its survival.

5 Min Read
"The world is in a different place since COVID-19 started, but these customers are new to us and digital customers stay with us," Western Union CEO Hikmet Ersek said.
David Heun
August 4, 2020 6:35 PM

Western Union confirmed yet again that for a payments company to survive the coronavirus pandemic, it needed to enter the crisis with a strong footing in digital payments.

3 Min Read
AT-070920-PPP loan Breakdown as of June 27 CHART
Roger Russell
August 4, 2020 3:49 PM

Granting and forgiving loans in different years can create problems.

3 Min Read
Rising U.S. household debt
Penny Crosman
August 4, 2020 2:41 PM

KeyBank, Regions and others are using self-service portals, robotic processing automation and virtual assistants to digitize the collections process and make it more humane in anticipation of rising delinquencies.

7 Min Read
Paychex office
Michael Cohn
August 4, 2020 1:32 PM

The emergence of new coronavirus hotspots, especially in the South and West, had a major impact, according to a new report from payroll giant Paychex.

3 Min Read