In the works for months, Mastercard Track Business Payment Service rolls out Tuesday with the goal of improving efficiency around corporate buyer and supplier payments at a time when these processes are uniquely constrained by the coronavirus pandemic.
Employees are worried about whether they can return to work safely.
Nations around the world face unexpected expenses and revenue shortfalls arising from the COVID-19 pandemic.
Banks could end up holding many low-rate Paycheck Protection Program loans on their books for two years, and dealing with irate borrowers who failed to meet federal requirements for forgiveness.
Withum's Jim Bourke breaks down which of your firm's applications can be swapped to web-based versions right now, and which you'll have to wait for later.
Complaints to the bureau hit an all-time high in April. More than one in five said servicers wouldn't grant deferrals, forced borrowers into forbearance or violated other requirements of the coronavirus relief law.
The Internal Revenue Service is giving taxpayers who want to receive their economic impact payments by direct deposit a tight deadline.
The Governmental Accounting Standards Board is postponing the effective dates of many of its pronouncements and implementation guides for 12 to 18 months to provide some breathing room for accountants.
When Fiserv purchased First Data in 2019, it was part of an industrywide push to combine bank and merchant technology under one roof. A year later, a key piece of First Data’s technology — and its top executive — have become Fiserv’s path through the coronavirus crisis.
Accounting and bookkeeping shed over 67,000 jobs in the month of April, according to the Bureau of Labor Statistics.