Customers normally receive debit and credit cards inside a branch. Now banks are shifting the process to their drive-throughs and finding alternative ways for cardholders to key in their PINs.
The Institute of Certified Management Accountants also announced a change in the testing window schedule for 2020, due to COVID-19.
The American Institute of CPAs’ Council elected Tracey Golden, an audit partner with Deloitte, as AICPA chair for a one-year term, during the governing group’s first-ever virtual Council meeting.
Jennifer Roberts, the company's head of business banking, details a process to have units work one-on-one with customers to get Paycheck Protection Program funds deployed faster.
The board voted Wednesday to give private companies and not-for-profit organizations an extra year to comply with the revenue recognition and leases standards.
With the world going through a recession, stakeholders and investors of client companies will lean on accounting firms more than ever to maintain trust and confidence in their companies.
Comptroller of the Currency Joseph Otting says the revised Community Reinvestment Act will provide more credit access to communities in need and won't, as some had feared, create new thresholds for grading banks.
Nearly 4 million households that were to be mailed paper checks will instead receive their pandemic relief aid via prepaid debit cards issued by MetaBank.
New York's DASNY is expected to make a $1 billion private placement Friday.
The request for a second municipal lending facility was made in a bipartisan letter sent to the Fed last week by four senators.