Search Results for: Economic Impact Payments

Mastercard Partners with Birmingham Department of Innovation & Economic Opportunity to Launch Ascend Birmingham Helping Local Businesses Get Digital
Business Digital Payments News

Mastercard Partners with Birmingham Department of Innovation & Economic Opportunity to Launch Ascend Birmingham Helping Local Businesses Get Digital

Fintech News Desk
Support from Square, Accion Opportunity Fund and Sunrise by Lendio helps Birmingham small businesses advance digitally and drive online commerce With spend already declining in Birmingham pre-COVID, the decrease rapidly accelerated in Birmingham’s downtown and surrounding tracts because of the pandemic significantly impacting the city’s small businesses. Minority owned businesses......
Microbusinesses at Risk: 1 in 4 Report not Receiving Payments or Waiting Over a Year to Be Paid, Wave Survey Finds
Banking Digital Digital Payments News

Microbusinesses at Risk: 1 in 4 Report not Receiving Payments or Waiting Over a Year to Be Paid, Wave Survey Finds

Fintech News Desk
Payment struggles abound with 70% of microbusinesses having waited one to six months for customer payments  Wave, an all-in-one money management solution for small businesses, unveiled the results from a survey1 of more than 1,000 United States-based microbusiness owners. A microbusiness is defined by the US Small Business Administration as having......
Blend Announces 'Blend Impact' Program to Increase Access to Housing and Financial Services
Banking Cloud Fintech News

Blend Announces ‘Blend Impact’ Program to Increase Access to Housing and Financial Services

Fintech News Desk
New program focused on social good brings together Blend’s non-profit, industry, and community ecosystem partners to drive equitable outcomes globally Blend, a leader in cloud banking solutions, announced the launch of Blend Impact, a program focused on increasing access and equity in housing and financial services. The program brings together......
China Partners with Co2Bit Technologies to Reduce the Impact of Climate Change
Blockchain Digital Finance Fintech News

China Partners with Co2Bit Technologies to Reduce the Impact of Climate Change

Fintech News Desk
The Co2Bit program will help mitigate the inevitable impacts of climate change China Investment Association in cooperation with China Africa Investment Cooperation Ltd. has signed a strategic partnership with Co2bit technologies to support the Co2 tokens. These blockchains based secure digital assets are a uniquely sustainable finance mechanism supporting projects......
PayPal Commits Over $100 Million to Advance Financial Inclusion and Economic Empowerment of Women and Girls
Digital Economy Finance Fintech Investments News

PayPal Commits Over $100 Million to Advance Financial Inclusion and Economic Empowerment of Women and Girls

Fintech News Desk
The commitment is part of PayPal’s mission to build a more inclusive global economy and its role as a Generation Equality Forum Action Coalition Private Sector Lead PayPal Holdings, Inc. announced a more than $100 million commitment to advance financial inclusion and economic empowerment for women and girls around the world over......
Citi Continues to Expand Its Impact Fund Portfolio with Five New Investments
Banking Finance Fintech News

Citi Continues to Expand Its Impact Fund Portfolio with Five New Investments

Fintech News Desk
More than Half of Fund’s Total Investments are in Minority-Owned and Women-Owned Companies Citi announced its next round of investments through the Citi Impact Fund, a $200 million fund launched in 2020 to invest in companies that are addressing some of the biggest societal challenges. The new companies included in......
Digital Payment Adoption and Contactless Payments Surge Three Years Ahead of Expectations
Digital Payments News

Digital Payment Adoption and Contactless Payments Surge Three Years Ahead of Expectations

Fintech News Desk
New report from Blackhawk Network examines global shopping and payment preferences As consumer spending returns, a new report from global payments provider, Blackhawk Network, has found that the 2020 eCommerce surge created shopper affinity around the world for retailers that offer digital payments. The findings of the Global Digital Payments study were based......
FinTech Automation Named to WealthTech 100 List
Banking Business News

Oxford Bank Provided over $342 Million in PPP Loans for 1,354 Local Businesses Impacted by COVID-19

Nearly 20,000 Local Jobs Saved Oxford Bank announced today that it has processed 1,951 loans totaling $342,203,867 under the Small Business Administration’s Paycheck Protection Program (PPP) to help local small businesses support payroll and related costs, saving approximately 20,000 jobs within Southeastern Michigan. The average loan size was approximately $175,400. The PPP, which was......
Nevada State Bank’s Annual Survey Reveals Expectation of Faster Than Average Economic Recovery
Economy News

Nevada State Bank’s Annual Survey Reveals Expectation of Faster Than Average Economic Recovery

Fintech News Desk
Nevada State Bank has released the results of its eighth annual survey of small business owners and managers throughout Nevada. The survey reflects the hardship caused by COVID-19 and related responses, but also the hopeful perspective on economic recovery during the next 18 months. “Even with the economy on top of the list......
InComm Payments Expands Presence in Columbus, Georgia
Digital Payments Fintech News

InComm Payments Expands Presence in Columbus, Georgia

Fintech News Desk
New office will house 165 employees InComm Payments, a leading global payments technology company,  announced it has invested in a new office in Columbus, Ga. The facility is part of the company’s recently announced plan to grow operations in the state. These developments have been supported by the Georgia Department of Economic Development......
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