Coronavirus / COVID-19 News & Media
Wescom Credit Union donates $10K GrubHub gift cards to hospital staff
April 30, 2020
Huntington Memorial Hospital workers in Los Angeles received a surprise from Wescom Credit Union. The hospital staff, who is working directly with COVID-1…
read now
Trying for a PPP loan? Here’s expert guidance that can help
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
It’s been no secret that ATM operators, manufacturers, distributors and their small business clients have tried to navigate the process of applying for a…
read now
HSBC profit falls due to COVID-19, delays restructuring
April 29, 2020
London-based HSBC is pausing global restructuring plans announced in February and said pre-tax profit fell 48%, to $3.2 billion, during the first quarter due…
read now
Moody's downgrades outlook for African banking from stable to negative.
April 29, 2020
The impact of the coronavirus has caused the American credit rating agency, Moody's, to downgrade the banking systems in South Africa, Nigeria and Morocco from…
read now
Bank call centers feeling pressure of COVID-19
by David Jones — Editor, Networld Media Group
COVID-19 forced most of the nation's major banks to restrict lobby access, the reduced access along with the economic downturn have placed enormous pressure on…
read now
American Express says COVID-19 hits cardholder spending
April 28, 2020
American Express says the COVID-19 pandemic has impacted cardholder spending and will force it to pare down costs.
read now
Small businesses prepare for second chance at SBA loans
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Businesses that lost out on the first round of funding from Small Business Administration loans for relief from the coronavirus pandemic have been given a…
read now
Second fed loan program for small businesses hits snags
April 28, 2020
Computer glitches and slowdowns at the Small Business Administration frustrated small businesses again as lenders trying to submit loan applications through…
read now
Business will be anything but usual in a post-pandemic world
by Pat Shea — Editor, NetworldMedia
As the country waits for the nation-wide lockdown to lift, being prepared for changes in how you do business in a post-pandemic world can be key to your…
read now
House approves additional $484B in COVID-19 funds for small businesses, testing, hospitals
April 24, 2020
The U.S. House of Representatives on Thursday approved $484 billion in aid to small businesses, testing and hospitals struggling from the coronavirus pandemic…
read now
ATM Industry: Get your plan ready now for a post-pandemic America
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
As restrictions start to ease slightly across the country on the coronavirus pandemic lockdown, being prepared ahead of time to head back to work can be…
read now
European fintech helps customers free up cash flow during lockdown
April 22, 2020
Curve, a banking platform that consolidates multiple cards and accounts into one smart card and app, has added a new feature that now allows customers to move…
read now
Wells Fargo, JPMorgan among banks being sued over SBA loans
April 21, 2020
Small businesses affected by the coronavirus are suing Wells Fargo & Co., Bank of America Corp., JPMorgan Chase & Co. and US Bancorp. The lawsuit…
read now
Cash matters: Now, more than ever in the time of coronavirus
Key organizations representing various facets of the payments industry came together to advocate globally for cash and its importance in economies worldwide.
read now
NAC launches ATM Deployer Survey on the impact of COVID-19
April 17, 2020
The National ATM Council, in cooperation with its governmental affairs team, has developed a survey to better understand the impact of COVID-19 on the ATM…
read now
SBA runs out of COVID-19 relief money; lawmakers fight over refunding
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
Two Small Business Administration programs designed to help businesses weather the pandemic — the Paycheck Protection Program and the Economic Injury Disaster…
read now
CSI waives fees for payment platform
April 15, 2020
Computer Services Inc. is enabling community banks to provide contactless, person-to-mobile payments to their customers through its SPIN P2P app during the…
read now
How ATMS can offer more than cash
by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC
Blogger and columnist Richard Buckle, founder and CEO of Pyalla Technologies, LLC explores the future of ATMs.
read now
JPMorgan Chase warns of downturn as Q1 EPS fall short
April 14, 2020
JPMorgan Chase & Co. reported first quarter earnings well below Wall Street estimates as the bank was forced to set aside billions in credit reserves amid…
read now
