Sat.Apr 04, 2020 - Fri.Apr 10, 2020

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IRS Launches Consumer Portal For Getting Stimulus Checks

PYMNTS

A new IRS portal for coronavirus relief payments has been launched in conjunction with the U.S. Treasury to assist people who don’t typically file taxes. . The non-filer tool can be used by U.S. citizens and resident aliens who are not claimed as dependents and had gross income below $12,200 ($24,400 for married couples) in 2019, according to the IRS site.

Tax 145
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How to Stay Profitable With an All-Remote Team

PASBA

With so many people working from home right now, here are some valuable tips for making the most of this situation for your firm and your clients. Customer experience is everything. Developing process within your firm will make a positive impression on clients. Every client receives the same experience and knows exactly what to expect from you. In addition, developing process increases the efficiency of the team and enables you to deliver in a timely manner, and ensures that nothing is overlo

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COVID-19 Relief for Indiana Property Owners

Katz,Sapper&Miller

With property tax deadlines looming, Indiana property owners are looking for relief in the midst of the COVID-19 crisis. From payment extensions to potential assessment adjustments, there are options that could alleviate immediate financial obligations.

Indiana 89
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Bringing AI To The Fight Against Healthcare Payments Fraud

PYMNTS

The coronavirus pandemic poses an unprecedented challenge to healthcare systems that will likely extend for months — and perhaps even years — to come. More than ever, hospitals and other medical facilities need to focus their resources on healing the sick and avoid getting bogged down by administrative costs and inefficiencies. This brings a longstanding challenge to the fore: Healthcare organizations have long struggled with fraud, waste and abuse (FWA), costing the United States healthcare sec

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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Reimagining The Bank As A Technology Company

PYMNTS

Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one. While this strategy can yield results, it can also create silos, hampering a bank’s ability to achieve one of the most vital goals of DX: seamless integration of operations that boost efficiency and improve the end-user experience.

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NEW DATA: 60 Percent Of US Consumers Now Live Paycheck-To-Paycheck

PYMNTS

The COVID-19 pandemic has triggered an unprecedented wave of business closures, placing millions out of work with no telling when they will be back to business as usual. It has also exposed and exacerbated a deeper, more structural problem with the United States economy that has been looming just beneath the surface for some time: A large portion of Americans are living hand-to-mouth and have almost no savings.

Finance 137

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Mastercard’s Ethoca On Helping Merchants Grapple With The Upcoming Chargeback Deluge

PYMNTS

A deluge of chargebacks is headed toward the payments industry, spurred by the coronavirus, as all areas of the global economy have been upended. In an interview with Karen Webster, Johan Gerber, executive vice president of cyber and security products at Mastercard , said that many companies are being inundated with disputes and cancellations, and with demands to refund consumers’ money — a trend that will branch out from travel and leisure verticals and into other segments.

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The Two Things Keeping PPP Funds From Flowing Into SMB Bank Accounts

PYMNTS

For the last week, a veritable tidal wave of small- to medium-sized business (SMB) owners have been lining up to apply for Paycheck Protection Program (PPP) funds — a $350 billion segment of the $2 trillion in government stimulus passed as part of the CARES Act a little less than two weeks ago. Small business owners pushed rapidly and unexpectedly to the brink of survival are clamoring for funds; money that various federal officials promise daily will be swiftly delivered.

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LinkedIn On Building The New Digital Corporate Commons

PYMNTS

With a little over 600 million worldwide users, LinkedIn was a household name long before the coronavirus cut an incredibly wide trench through the global economy in general, and the world of working in particular. The social media service for professionals was already the established, favored digital hub for professional networking, job hunting, talent scouting and corporate content.

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Travelex Reportedly Paid $2.3M Ransom To Hackers

PYMNTS

Travelex, the foreign exchange company that was crippled by hackers on New Year’s Eve, reportedly paid a $2.3 million ransom to get their systems back online, The Wall Street Journal reported. Sodinokibi, the alleged perpetrators of the cyberattack, claimed responsibility for the breach. The cybercriminals demanded $6 million in ransom with a promise that they would not release the sensitive information of Travelex customers, including birthdates and credit card numbers.

Sales 111
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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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Public Procurement Portal BuySpeed Fixes Cybersecurity Flaw

PYMNTS

Procure-to-pay tool BuySpeed , which is used by government entities, was vulnerable to a zero-day, cross-site scripting flaw that has reportedly been resolved, SC Media reported. The CERT Coordination Center at Carnegie Mellon University’s Software Engineering Institute, which had said it was not aware of a practical solution to the bug, had published a vulnerability advisory on the bug found in version 14.5 of the product.

Texas 107
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Starship Technologies Rolls Out Robotic Food Delivery In Arizona

PYMNTS

Amid increasing demand for contactless delivery, Starship Technologies has rolled out a robot food delivery offering in Tempe, Arizona. The firm has been increasing its commercial services, with a plan to expand to 100 colleges by late summer of next year, per reports. Ryan Tuohy, who leads Starship Technologies’ business development, said in a statement, “The demand for contactless delivery has expanded exponentially in recent weeks.

Arizona 106
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JPMC Halts Non-PPP SMB Loans

PYMNTS

Those looking for a loan outside of the government’s Paycheck Protection Program (PPP) won’t find it from JPMorgan Chase , which has decided to focus solely on that program due to a huge amount of requests over the past few days, according to the Financial Times. The bank, which is the largest in the U.S., said it has seen over 375,000 requests from small- to medium-sized businesses (SMBs) since the $350 billion loan plan from the federal government was officially launched.

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COVID-19 Stimulus Money Could Show Up In Bank Accounts Today

PYMNTS

Americans could start receiving COVID-19 stimulus money from the federal government as early as Thursday (April 9) or Friday, according to reports. The first round of emergency assistance is expected to reach people who have previously provided direct deposit information to the Internal Revenue Service (IRS). That first group of payment recipients is estimated to be about 50 million to 60 million people.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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JPMorgan: GDP Could Drop 40 Percent, Unemployment Could Reach 20 Percent

PYMNTS

JPMorgan Chase has dimmed its view of the future yet again, now saying the nation’s gross domestic product (GDP) could sink by as much as 40 percent in the second quarter due to the coronavirus pandemic, according to CNBC. That’s an increase from the already-dire 25 percent drop JPMorgan previously predicted. Unemployment, the bank said, could hit 20 percent, with a loss of 25 million jobs.

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How Banks Use APIs To Forge Stronger Client Bonds

PYMNTS

Banks are continually working to provide their business customers with more streamlined, impactful services. They previously only interacted with clients in physical branches — accepting deposits and extending loans, for example — but such interactions offered little ability to facilitate customers’ primary business activities. Payment and data application programming interfaces ( API s) are changing that, however.

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April Rent Unpaid By 31 Pct Sparking Fears Of What Is Ahead

PYMNTS

Over one third of Americans didn’t pay rent by April 5, triggering fears of what could be ahead for May and beyond, according to data from a landlord advocacy group. The National Multifamily Housing Council ( NMHC ) analyzed data on Wednesday (April 8) from 13.4 million units nationwide and found that although 69 percent paid April’s rent on time, that is down from 81 percent in March, according to the group.

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FinTechs Help Banks Ease The PPP Lending Pain

PYMNTS

Small businesses overwhelmed U.S. financial institutions as they scrambled to apply for Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. When the program went live on Friday (April 3), only two FIs, Bank of America and JPMorgan Chase, had been able to begin accepting applications — Bank of America saw a whopping $6 billion worth of applications in only a few hours, ending Friday with $32.6 billion in applications.

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8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

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Goodyear Offers Online Discounts To Convoy Carriers

PYMNTS

In an effort to provide independent truck drivers and small fleets with discounts and access to a service network, The Goodyear Tire & Rubber Company will now provide carriers that belong to Convoy’s Digital Freight Network with access to its Commercial Total Solution. This is the first time that Goodyear has offered an online discount offering via its commercial eCommerce platform at GoodyearTruckTires.com , per an announcement.

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Many Unemployed Still Waiting For Their First Check

PYMNTS

If you’ve filed for unemployment benefits and haven’t received a check yet, you’re not alone. Nearly 17 million Americans have applied for unemployment assistance in the last three weeks as the nation’s economy came to a virtual halt amid the coronavirus pandemic, and states were overwhelmed by applications, Reuters reported Friday (April 10). There was good news for unemployed workers in the $2.3 trillion stimulus bill the president signed late last month.

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US Senate Fails To Pass Additional SMB Aid

PYMNTS

A federal measure to provide additional relief for small and medium-sized businesses (SMBs) hurt by the coronavirus pandemic will have to wait. In a duel that ended the prospects for passage of more government aid this week, Democrats and Republicans staked out their positions and recessed until Monday, CNBC reported Thursday (April 9). The fight began when Sen.

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Telehealth Service Puts A Retail Spin On Its Business Model

PYMNTS

The rapidly evolving telehealth category has a new business model. Fruit Street – a virtual one-stop-shop specializing in digital diabetes diagnosis and treatment – has partnered with vegetarian meal kit purveyor Purple Carrot to add a retail angle to its health advisory service. “With more Americans practicing social distancing and staying home with their families during the COVID-19 pandemic, we wanted to increase access to healthy meals and nutrition advice through our telehealth platfo

Retail 96
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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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Chime Gives $200 Advances On Stimulus Checks

PYMNTS

Chime , America’s most valuable digital bank, has begun offering cash advances ahead of the $1,200 stimulus payments Americans will be receiving next week, according to a report by Forbes. For now, to aid those having trouble paying bills during the coronavirus pandemic, Chime will let 100,000 people take out $200 they don’t actually have.

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HPE Launches Corporate IT Payment Deferral Program

PYMNTS

Hewlett Packard Enterprise (HPE) is turning to its financial services unit to extend over $2 billion in financing and programs to assist business customers with cash management issues amid the global pandemic. . “Customers and partners are looking to preserve cash right now,” Brad Shapiro, managing director of HPE Financial Services Americas, told ZNet in a report on Wednesday (April 8).

Finance 95
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Lawsuit Accuses BoA Of Unfair Preferential SMB Treatment

PYMNTS

Rifkin Weiner Livingston LLC has filed an amended complaint against Bank of America (BoA) for allegedly giving its lending clients a higher priority and denying or limiting access to the Paycheck Protection Program (PPP) to its depository clients and other small firms, according to a press release. The law firm noted that the bank updated its policy on April 4 by letting depository-only customers apply for PPP loans after the filing of a class action compliant.

payroll 95
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Hong Kong’s SMB FinTech Neat Nets $11M

PYMNTS

Hong Kong-based finance startup Neat has closed a Series A funding round and come away with $11 million, according to a press release. Pacific Century Group (PCG) led the round, while Visa and MassMutual Ventures Southeast Asia were among the other investors. The company’s goal is to offer smart financial tools to small- to medium-sized businesses (SMBs), including multi-currency accounts that customers can open quickly, corporate expense cards, and the option to send and receive money fro

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Automation, Evolved: Your New Playbook for Smarter Knowledge Work

Speaker: Frank Taliano

Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.

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Shutting The Front Door On Online Fraudsters

PYMNTS

Building a secure customer journey is always a bit of a balancing act. It has to be secure first and foremost, particularly when payments data is on the line. But it also has to be easy, fast and friction-free — now more than ever as a mass of consumers are moving their shopping, dining, working and leisure time online in response to the coronavirus outbreak.

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New Data: 95 Pct. Of Consumers Don’t Use Mobile Wallets For In-Store Purchases

PYMNTS

Among its many profound impacts, the COVID-19 pandemic has dramatically altered how consumers shop. Even before large-scale stay-at-home policies went into effect, most consumers sought to limit direct contact with people and objects as much as possible when they went out. One might expect that in these circumstances, consumers would be even more inclined to take advantage of the contactless payment capabilities of mobile wallets, to avoid swiping their cards at point-of-sale (POS) terminals and

Sales 93
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Why Corporates Are Rethinking The Commercial Card For Payment

PYMNTS

From coordinating a team of newly remote workers to assessing new business models, the coronavirus pandemic is drastically disrupting the way organizations run and it is forcing a complete rethink of almost every aspect of operations — payments included. While it’s still early days, Boost Payment Solutions Founder and CEO Dean M. Leavitt says there are already some patterns emerging that reflect potentially long-term changes to the B2B payments ecosystem.

B2B 93
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India SME Lender Capital Float Tops Up Funding

PYMNTS

After having notched more than $110 million in equity funding in the past, India’s Capital Float has received a top-off of $4.8 million from current investors. The startup’s board had set aside just under 93,000 Series E preference shares with an INR 100 nominal value, Inc 42 reported. Sashank Rishyasringa and Gaurav Hinduja rolled out Capital Float in 2013.

B2B 92
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Data Talks, CFOs Listen: Why Analytics Are Key To Better Spend Management

Speaker: Claire Grosjean, Global Finance & Operations Executive

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.