Business continuity plans should be used constantly, not just when the crisis is at its peak, says the New York Fed’s head of financial services.
The IRS offers guidance in Notice 2020-51 on the rollover period, which has been extended to Aug. 31.
Challengers like Joust, Lili and NorthOne that offer banking services to freelancers and small-business owners are getting record levels of new customers as the traditional workforce thins.
Participation in the Main Street Lending Program for midsize companies is partly about public service, but the core business rationale is building "a banking relationship that continues on for some time," the Boston Fed chief says.
The pandemic is introducing changes — potentially significant ones — to the SOX compliance process.
The spending and account management capabilities of corporate prepaid cards have been given new purpose in a pandemic-struck world dependent on government and charity aid.
The governor largely agreed to abandon the steep cuts he proposed in his revised budget,.
The ratings on the Louisville, Kentucky's KFC Yum! Center bonds were lowered to BBB-plus by S&P because of expected operational difficulties.
The Office of the Comptroller of the Currency will use year-end 2019 asset totals in its calculating its next assessment, saying national banks "should not be penalized" for adding emergency loans to their books during the pandemic.
Tax pros share what they’re telling clients about relief for the jobless during the pandemic.