Bankruptcy Blogs

How Citi and Flywire sped payments to get PPE from China to Boston

05/04/20

The shortage of personal protective equipment (PPE) for medical workers is one of the most troublesome elements of the coronavirus outbreak, though prior work to declutter cross-border supply chain payments provides some hope.

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How the pandemic has upended banks’ marketing

05/03/20

Many banks are slashing their spending. Others are changing their messaging strategies. And those that banks partner with pro sports teams are stuck in limbo, since it remains unclear when games will resume.

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Small firms still in dark on loan forgiveness as clock ticks

05/03/20

Small businesses that received loans from the Paycheck Protection Program pandemic still don’t know how much they may have to repay after the government missed a deadline to give specific guidance.

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Virus delays First BanCorp’s acquisition of Santander’s Puerto Rico unit

05/01/20

The deal was expected to close this summer, but First BanCorp said a regulatory review is hitting snags.

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Regulators urge banks to monitor security of cloud service providers

05/01/20

The joint statement on the risks of cloud computing summarizes years of guidance and rules as industry reliance on third-party platforms has become more ubiquitous.

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Why small businesses are turning to crowdfunding for coronavirus relief

05/01/20

Locally sourced campaigns are providing more capital as traditional loans fall short of covering operating expenses.

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How to Protect Against Cyberwar & the Next Data Breach

05/01/20

Adam Levin addresses the threats of cyber fraud and identity theft and what you can do to protect your customers' privacy and credit security.

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Consumer loan applications dropped as coronavirus spread, CFPB says

05/01/20

Credit inquiries for auto lending, revolving credit cards and mortgages fell sharply in March as unemployment surged, according to a Consumer Financial Protection Bureau report.

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Wells' ho-hum annual meeting, Cuban’s PPP alternative, hotel lenders' pain: Top stories of the week

05/01/20

There were few fireworks at Wells Fargo’s first annual meeting under new CEO Charlie Scharf; billionaire investor and entrepreneur Mark Cuban pitches Fed-backed overdraft protection; as hotels sit empty, loan delinquencies pile up; and more from this week’s most-read stories.

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