Tag : PPP

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......
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......
Wolters Kluwer Launches TSoftPlus PPP Forgiveness Module to Support U.S. Paycheck Protection Program Participants
Banking Business Fintech News

Wolters Kluwer Launches TSoftPlus PPP Forgiveness Module to Support U.S. Paycheck Protection Program Participants

Fintech News Desk
by Fintech News Desk0
Market-leading TSoftPlus helps lenders expedite PPP loan forgiveness end-to-end workflow With the U.S. CARES Act’s Paycheck Protection Program (PPP) now entering the loan forgiveness phase, Wolters Kluwer Compliance Solutions has launched its eagerly awaited TSoftPlus PPP Forgiveness Module to help local lenders and their small business client recipients of PPP funding facilitate both online......
Square announces Terminal API at Unboxed 2020 Conference
Banking Business Capital Markets Fintech News

PPP in Review: Square Capital Has Facilitated Over $820M in Stimulus Loans to 76,000+ Small Businesses Across All 50 States

Fintech News Desk
by Fintech News Desk0
Since we began processing Payroll Protection Program (PPP) applications on April 29, 2020, as of June 10, Square Capital has facilitated more than $820 million in PPP loans, providing access to a financial lifeline to more than 76,000 small businesses. That’s an average loan of less than $11,000, with 97%......
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......
Modern Payment Tools Assisted in Delivering Billions in Stimulus Dollars
Fintech News

Modern Payment Tools Assisted in Delivering Billions in Stimulus Dollars

Fintech News Desk
by Fintech News Desk0
Jodie Kelley, CEO of ETA, testified on the role of the payments industry in distributing stimulus funds Jodie Kelley, CEO of the Electronic Transactions Association (ETA), testified before the House Financial Services Committee Task Force on Financial Technology on the role of the modern payments industry in delivering stimulus dollars......
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......
Assembled Financial Technology Announces Strategic Partnership with Los Angeles County Economic Development Corporation
Business Fintech News

Assembled Financial Technology Announces Strategic Partnership with Los Angeles County Economic Development Corporation

Fintech News Desk
by Fintech News Desk0
Assembled Financial Technology (“Assembled Financial” or “AFT”), a leading financial technology company established by Assembled Brands and Fractal Technology, announced it has formed a strategic partnership with the Los Angeles County Economic Development Corporation (“LAEDC”). Read More: Blockchain Valley Ventures Launches Virtual Deal Marketplace for Startup Funding “Small ​businesses and......
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