6 Min ReadBankers are bracing for accusations of discrimination in the way Paycheck Protection Program loans were allocated.
5 Min ReadBanks tend to pull back in times of crisis by tightening credit and focusing on collections efforts. But consumers, and not returns, must be the focus during the coronavirus pandemic.
6 Min ReadCredit unions moved quickly to reduce branch access as the coronavirus crisis worsened. The harder decision will be when and how to begin lifting those restrictions.
4 Min ReadRegulators need to revamp their proposal to overhaul the Community Reinvestment Act now that the coronavirus outbreak has created unforeseen financial needs.
4 Min ReadIt's time for agencies like the Small Business Administration to stop playing catch-up and invest in state-of-the art technology.
5 Min ReadConsumers are using their debit and credit cards less, and that's causing a decline in interchange income for credit unions and banks.
6 Min ReadFinancial institutions are finding that on-screen agents can offer most services that occur in a branch, but with a more personal touch than the phone or internet.
6 Min ReadUse of banks' mobile apps and websites has risen about a third since the coronavirus crisis began, according to J.D. Power.
4 Min ReadLawmakers should approve a program to distribute stimulus funds using a government-sanctioned coin, which would be speedier than the current system.
5 Min ReadThe program, created in response to the 2008 financial crisis, generated $19 billion in small-business loans. It could be used as a viable path out of the coronavirus pandemic.
