Apr 28, 2020 | Banks & Credit Unions, News
Credit Cards Start Reining in Credit Limits due to COVID-19 Outbreak As millions of Americans face unexpected expenses or income disruptions due to the COVID-19 pandemic, many United States credit card issuers have begun lowering customer spending limits. According to...
Apr 27, 2020 | Congressional Legislation, News
Tribal Gaming Enterprises Allowed Access to Paycheck Protection Program after Hoeven and Udall Push Treasury to Reverse Decision Last week, the Small Business Administration (SBA) issued an interim final rule that removed restrictions excluding Tribal casinos from...
Apr 23, 2020 | Financial Literacy, NAFSA News, News
NAFSA Marks Financial Literacy Month with Digital Financial Education Modules Since 2004, April has officially been recognized as National Financial Literacy Month, a time to highlight the importance of financial literacy and teach Americans how to establish and...
Apr 22, 2020 | Congressional Legislation, News
House Financial Services and Oversight Committee Chairs Urge FDIC to Boost Crisis Readiness Policies Members of the House Financial Services and Oversight Committees recently wrote a letter to the FDIC seeking information on whether—and how—the agency is prepared to...
Apr 21, 2020 | Congressional Legislation, FinTech, News
Fintechs Approved to Make Small Business Loans Under Paycheck Protection Program After aggressive lobbying, three fintech companies ⎯ PayPal, Square Capital, and Intuit QuickBooks Capital ⎯ recently announced that they were authorized by the federal government to make...