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Is Your Financial Institution Aware of These PPP Red Flags?

Abrigo

The SBA’s Lender Application Form requires lenders to certify that they have “complied with the applicable lender obligations,” including confirming receipt of the borrower’s certifications, receipt of information regarding employee pay and taxes, and the average monthly payroll costs. Other PPP Fraud Indicators. C&I Loans. SBA Lending.

Fraud 150
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Bitcoin Daily: Gemini Exchange Joins Silvergate Exchange Network; UK’s National Liberal Party Reveals Crypto Policy

PYMNTS

We are excited to bring our secure and scalable technology to Azure customers as we continue working with Microsoft Azure Marketplace to develop cloud-enabled blockchain solutions.”. ’ SEN is an important step toward changing this,” Joshua Rawlins, managing director of financial operations at Gemini, wrote in a blog post.

Policies 116
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Top News In Payments: House Committee Holds RTP Hearing; DoorDash Reveals May Data Breach

PYMNTS

The company wrote in a blog post , “Earlier this month, we became aware of unusual activity involving a third-party service provider.” Uber Turns App Into ‘Everyday Operating System’. What Local Sales Tax Laws Mean for Tobacco eSellers . Uber’s apps are getting a makeover – and a bit of a new combination.

Data 122
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Lyft To Spend $100M To Better Support Drivers

PYMNTS

In a blog post covered by TechCrunch , Lyft said the money will go toward offering drivers lower-cost oil changes, car maintenance, car washes and more. The company is also doubling the operating hours of its driver hubs in 15 cities around the country. We are in the business of supporting our drivers for the long haul.

Taxes 102
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Wells’ Woes, Stripe’s Acquisition And North Korea’s New Hacking Groove

PYMNTS

Wells Fargo takes the security and privacy of our customers’ information very seriously,” the banking firm said in a statement according to the report. “We We have a huge responsibility and fell short of our ideals for managing and providing oversight of the third-party vendor and our own operations,” Franklin R.

Taxes 100
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Fundbox, Tipalti Tip The B2B Payments VC Scales

PYMNTS

This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. BankiFi operates APIs to enable banking clients access to a range of business banking infrastructure to augment their own small business and corporate banking operations.

Payments 149
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AAR annual risk software report recognizes Sageworks

Abrigo

The 10th annual report features 60 leading risk software vendors and consultants from around the world and across various industries based on categories such as credit risk, governance, risk and compliance (GRC), and IT security/cyber risk, to name a few. Electronic Tax Return Reader (ETRR). ALLL – Allowance for loan and lease losses.

Software 150