Search Results for: paycheck protection program

AICPA and CPA.com Team with Biz2Credit to Launch PPP Loan Forgiveness Tool
Business Fintech News

AICPA and CPA.com Team with Biz2Credit to Launch PPP Loan Forgiveness Tool

Fintech News Desk
by Fintech News Desk0
The American Institute of Certified Public Accountants (AICPA) and its business and technology arm, CPA.com, today announced the launch of a Paycheck Protection Program (PPP) loan forgiveness platform, PPPForgivenessTool.com, which automates the forgiveness process for small business owners who received funds from the PPP. Read More: Hummingbird Raises $8.2M To Automate......
Artificial Intelligence

More Than 50% of Debt Collection Agencies Thrived Under COVID-19

Fintech News Desk
by Fintech News Desk0
Over half the collection agencies surveyed not only thrived during the pandemic, but actually outperformed their pre-pandemic metrics in a nationwide survey conducted by Prodigal Technologies, Inc. Prodigal, a debt collection AI software company, surveyed accounts receivable management (ARM) agencies about the impact of the coronavirus pandemic on their collections......
Socure Unveils Sigma Synthetic Fraud, a New Way to Identify and Combat Synthetic Identity Fraud
Fintech News

Socure Research Report Finds a 134% Increase in New Account Fraud Attempts Since the Beginning of the COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
First fraud report released by Socure supports that the lure of “free money” drove new account fraud attacks while mapping the timeline of COVID-era market events to spikes Socure, the leader in Day Zero digital identity verification announced the release of its first fraud report, “How COVID-Era Government Aid Impacted......
MEDIA ALERT – Payroll Tax Relief Could Bring Cash to Many Businesses
Economy Fintech News

MEDIA ALERT – Payroll Tax Relief Could Bring Cash to Many Businesses

Fintech News Desk
by Fintech News Desk0
Wolters Kluwer Tax & Accounting: What: One of the favorite methods used by Congress to assist businesses during the COVID-19 pandemic has been payroll tax credits and related payroll tax relief. Even those businesses that may not owe income taxes as a result of government-ordered shutdowns or downturns in business......
Wells Fargo Launches $400 Million Small Business Recovery Effort
Fintech Fintech Funding Mobile Banking News

Wells Fargo Launches $400 Million Small Business Recovery Effort

Fintech News Desk
by Fintech News Desk0
Following an April 2020 industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program, Wells Fargo unveiled the details of an approximately $400 million effort to help small businesses impacted by the ongoing COVID-19 pandemic keep their doors open, retain employees, and rebuild. Through Wells Fargo’s new Open for Business......
FinTech Company Revenued Announces Acquisition of Sky Bridge Business Funding to Offer Future Business Financing Solutions
Business Fintech Fintech Funding News

FinTech Company Revenued Announces Acquisition of Sky Bridge Business Funding to Offer Future Business Financing Solutions

Fintech News Desk
by Fintech News Desk0
Revenued, a financial technology company founded in 2018, announced the acquisition of Sky Bridge Business Funding, a small business financing company founded in 2017, to further establish the company’s vision of helping small businesses have access to the tools and solutions needed for growth. Read More: Strider Announces John Mullen,......
Banking Fintech Guest Posts

Small Business Owners Must Get Payroll Compliance Right to Ensure COVID-19 Loan Forgiveness

Lisa Carmen
by Lisa Carmen0
Small business leaders have had to adapt quickly to the evolving business crisis caused by the COVID–19 pandemic. First, they had to protect employee safety by rapidly shifting to work from home and shuttering non-essential facilities. With that accomplished, business owners pivoted to conserving capital, cutting expenses, and leveraging government......
Baker Hill Leadership Receives Recognition Throughout 2020
Banking Business Fintech News Risk Management

Baker Hill Poised for Market Growth with the Most Recent Updates to Baker Hill NextGen

Fintech News Desk
by Fintech News Desk0
Baker Hill, the leading financial technology provider in delivering solutions for commercial, small business and consumer loan origination, risk and relationship management, CECL, and analytics, announces the summer release of Baker Hill NextGen. This update release contains many new features and enhancements such as new capabilities to streamline Small Business......
Baker Tilly Introduces Online PPP Loan Forgiveness Calculator and Automated Monitoring
Banking Fintech News

Baker Tilly Introduces Online PPP Loan Forgiveness Calculator and Automated Monitoring

Fintech News Desk
by Fintech News Desk0
Leading advisory, tax and assurance firm Baker Tilly Virchow Krause, LLP (Baker Tilly) launches a comprehensive Paycheck Protection Program (PPP) portal that provides easy-to-use, readily available tools for both borrowers and lenders in the loan forgiveness process. “We understand the challenges business owners may face in applying for a PPP loan, monitoring......
New SBA Guidelines Worry Banks and Borrowers
Banking Business Fintech News

New SBA Guidelines Worry Banks and Borrowers

Fintech News Desk
by Fintech News Desk0
As of Friday, May 22, 2020, the Small Business Administration (SBA) released the second version of the Interim Final Rules pertaining to the guidelines on the SBA loan review process. Then one week later, senate passes house bill on June 3rd which again changed the rules on PPP Forgiveness. The everchanging landscape has lenders......
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