Coronavirus

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Michael Cohn
August 5, 2020 12:06 PM

Job growth slowed in July as a result of the novel coronavirus pandemic.

3 Min Read
U.S. Capitol
By Steven T. Dennis
August 5, 2020 9:52 AM

White House and Democratic negotiators driving toward a deal on a final massive virus relief package by the end of the week still must overcome a raw mix of election-year pressures, internal GOP splits and a profound lack of trust between the parties.

4 Min Read
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Kevin Wack
August 5, 2020 7:43 AM

The prepaid card company benefited from payments that were designed to offset the pandemic’s impact on U.S. consumers.

2 Min Read
John Adams
August 5, 2020 12:01 AM

The point of sale terminal industry was already under pressure to go digital before the coronavirus pandemic made this transition much more crucial to its survival.

5 Min Read
"The world is in a different place since COVID-19 started, but these customers are new to us and digital customers stay with us," Western Union CEO Hikmet Ersek said.
David Heun
August 4, 2020 6:35 PM

Western Union confirmed yet again that for a payments company to survive the coronavirus pandemic, it needed to enter the crisis with a strong footing in digital payments.

3 Min Read
AT-070920-PPP loan Breakdown as of June 27 CHART
Roger Russell
August 4, 2020 3:49 PM

Granting and forgiving loans in different years can create problems.

3 Min Read
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By Laura Davison
August 4, 2020 3:15 PM

President Donald Trump said he is “talking about” doing a payroll-tax cut through an executive action, but doing so could result in hefty tax bills for employers later if the idea doesn’t get mired in legal challenges before then.

2 Min Read
Rising U.S. household debt
Penny Crosman
August 4, 2020 2:41 PM

KeyBank, Regions and others are using self-service portals, robotic processing automation and virtual assistants to digitize the collections process and make it more humane in anticipation of rising delinquencies.

7 Min Read
Paychex office
Michael Cohn
August 4, 2020 1:32 PM

The emergence of new coronavirus hotspots, especially in the South and West, had a major impact, according to a new report from payroll giant Paychex.

3 Min Read
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John Hayashi
August 4, 2020 11:39 AM

In today’s COVID-19 world where nothing seems normal, and “new normals” are popping up in every business operation, service businesses are trying to make up for lost income and rising expenses in creative ways that will lessen the financial impact of COVID-19.

4 Min Read