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Saving Main Street: Advocacy Groups Propose New Government Relief Programs

PYMNTS

The crisis is hardly over, but post-pandemic reality is setting in for Main Street retail. Patrice Frey, president and CEO of the National Main Street Center , is a proponent of supporting existing local economic development organizations like chambers of commerce, community foundations and Main Street programs.

Maine 142
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Restaurant Association Seeks Federal Help To Stabilize Industry

PYMNTS

The National Restaurant Association has issued a Blueprint for Restaurant Revival to help stabilize and stimulate the industry, including funding for restaurants and at-risk communities in need of help, according to a press release.

Industry 170
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Agora Services Debuts New Tools For SMB Banking

PYMNTS

There will also be receipt managing sub-accounts for tax purposes, and other such perks. Community banks have been an integral part of the response to the coronavirus pandemic, according to Treasury Secretary Steven Mnuchin , who said on Twitter that they had helped process over $875 million in Paycheck Protection Program (PPP) loans.

Tools 168
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Experts: US House Examines Legislative Actions To Combat Cybercriminals

PYMNTS

They spoke before the Subcommittee on National Security, International Development, and Monetary Policy Tuesday. Additionally, Kellerman called for a tax credit to encourage firms in the financial vertical to set aside 10 percent of their information technology (IT) budgets at a minimum toward cybersecurity.

US 227
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MTrac Launches Marijuana Payments Platform For Louisiana

PYMNTS

According to MTrac, its payments platform was developed in cooperation with “the main bank in Louisiana” that plans to provide bank account services to the state’s marijuana-related businesses. The platform will go live the same day the state’s legal medical marijuana market goes live, Tuesday (Aug.

Louisiana 135
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Challenges to monetary policy: lessons from Medieval Europe

BankUnderground

Royal monetary policy was conducted by practitioners recruited from the moneychangers and nascent banking community. Moreover, the national currency belongs to the people, and the state’s role is to regulate it to benefit the people. Monetary theory and policy in Medieval France.

Policies 111
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The Case For Localizing Mom-And-Pop Investment

PYMNTS

When small business (SMB) investment marketplace MainVest announced a $3 million Seed funding round last week, it did something that many Main Street SMBs cannot do. Exploring the importance of the small business through the lens of its immediate community is a critical component of promoting education among entrepreneurs.

Capital 145