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AICPA Offers Loan Forgiveness Calculator for Paycheck Protection Program
Banking Business Fintech News

AICPA Offers Loan Forgiveness Calculator for Paycheck Protection Program

Fintech News Desk
by Fintech News Desk0
Template Shared with Treasury and SBA to Help Resolve Outstanding Issues in Process The American Institute of CPAs has created a loan forgiveness calculator for the Paycheck Protection Program (PPP), the main small business relief vehicle under the CARES Act, and shared it with the Treasury Department and Small Business......
Customers Bank Preserves Estimated 1 Million Jobs Across America; Originating over 80,000 PPP Loans; Supports Local Communities with Charitable Grants; Protects Team Members and Clients; Celebrates “Financial First Responders” Holiday
Banking Business Fintech Fintech Funding News

Customers Bank Preserves Estimated 1 Million Jobs Across America; Originating over 80,000 PPP Loans; Supports Local Communities with Charitable Grants; Protects Team Members and Clients; Celebrates “Financial First Responders” Holiday

Sayali Jillewar
by Sayali Jillewar0
Customers Bank, with fintech partners, has for the past several weeks been working with thousands of small businesses to take advantage of the second round of Paycheck Protection Program (PPP) loan funding. The East Coast-based super community bank, already a national SBA/government guaranteed lending leader, expanded well beyond its geographic......
Financial Institutions Can Manage Forgiveness of Paycheck Protection Program Loans with Fiserv and its Clients
Banking Business Fintech News

Financial Institutions Can Manage Forgiveness of Paycheck Protection Program Loans with Fiserv and its Clients

Fintech News Desk
by Fintech News Desk0
Small businesses that have obtained a PPP loan can realize full impact of the program by applying for forgiveness via their financial institution and Fiserv Fiserv, a leading global provider of payments and financial services technology solutions, is ready to help banks and credit unions facilitate loan forgiveness applications and......
New FIS Portal Automates Loan Forgiveness Process for Small Businesses Under Paycheck Protection Program
Banking Business Fintech News

New FIS Portal Automates Loan Forgiveness Process for Small Businesses Under Paycheck Protection Program

Fintech News Desk
by Fintech News Desk0
With the second phase of the U.S. Small Business Administration’s Paycheck Protection Program (PPP) well underway as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, thousands of small businesses and merchants across America will soon be turning their attention to seeking forgiveness of loans they have borrowed......
Comerica Bank Processed Approximately 13,000 Paycheck Protection Program Loan Applications for Customers, Funding of $4.1 Billion
Banking Fintech Fintech Funding News

Comerica Bank Processed Approximately 13,000 Paycheck Protection Program Loan Applications for Customers, Funding of $4.1 Billion

Fintech News Desk
by Fintech News Desk0
Commits Additional $4 Million to Community Nonprofits Comerica Bank announces that it has processed and submitted approximately 13,000 Paycheck Protection Program (PPP) loan applications, all of which have been approved by the U.S. Small Business Administration (SBA). Currently, the total loans expected to be funded stands at $4.1 billion, with......
Global Financial Technology Platform Nium Closes Latest Funding Round
Fintech Fintech Funding News

Global Financial Technology Platform Nium Closes Latest Funding Round

Fintech News Desk
by Fintech News Desk0
New investors include Visa and BRI Ventures Global fintech platform Nium announced its latest fundraise . Visa, the world’s leader in digital payments, participated in the round along with existing investors. Another new investor to join the fold was BRI Ventures, the Corporate Venture arm of Bank BRI of Indonesia. Read More: Analyticom......
FormFree and Ocrolus Partner on Comprehensive Borrower Income Verification Program
Fintech News

FormFree and Ocrolus Partner on Comprehensive Borrower Income Verification Program

Fintech News Desk
by Fintech News Desk0
Partnership gives lenders instantaneous, high-confidence validation of paystubs and W-2s submitted by borrowers in PDF or photo formats FormFree, a leading fintech provider of credit decisioning services, announced a partnership with Ocrolus, a leading fintech infrastructure company that transforms documents into actionable data with over 99% accuracy. FormFree’s Passport™ all-in-one......
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