PYMNTS

MAY 1, 2020

He said, “One of the things that will be required is you will have to show a payroll report that you actually spent the money on payroll and other items that qualify for forgiveness.” Why Reopening The US Economy Should Be About Reinventing It. ” JPMorgan Chase Submits Nearly $18B In PPP Loans.

Audit 57

Audit Posting Cross-Border Shutdown 57

PYMNTS

SEPTEMBER 7, 2020

And cash coming into the (real and virtual) doors would do much to replace the spotty success of various government programs that were designed to help SMBs weather shutdowns. is roughly six months into a global pandemic (as declared in March by the World Health Organization).

Shutdown 64

Shutdown Small Business Economy Payroll 64

PYMNTS

MAY 29, 2020

Under the terms of the Congressional $25 billion bailout for the airline industry, employees must be kept on the payroll at least through the end of September. The amount did not include $5 billion in payroll support from the government. But United will have to wait for three months before it can issue pink slips.

Payroll 56

Payroll Shutdown Security Governance 56

PYMNTS

APRIL 8, 2019

economy in March, beating analyst expectations and demonstrating a big bounce back from an unusually weak February. economy right now,” Luke Tilley, chief economist at Wilmington Trust, told The New York Times. Last week’s jobs report indicated 196,000 positions were added to the U.S. Many of those losses are due to store closures.

Blocks 59

Blocks Economy Shutdown Automation 59

PYMNTS

DECEMBER 31, 2020

With unemployment soaring and the economy in a free fall, Gerber noted the inevitable reality that companies would be inundated with disputes, cancellations and demands for refunds from consumers. Disrupting Traditional Payroll For A New Economic And Global Normal. Just a few weeks after the U.S. Bill Marvin , CEO at J.P.

Innovation 115

Innovation Payments Shutdown On-Demand 115

PYMNTS

MARCH 30, 2020

Many are businesses that have been around for years and employ people living in the community, whose paychecks help keep those local economies strong, too. For them, it all depends on how long the current lockdown/shutdown lasts and when consumer demand will return — and at what level. A third (33 percent) aren’t sure they will.

On-Demand 92

On-Demand Credit Cards Returns Shutdown 92

PYMNTS

JULY 6, 2020

The idea that money should be able to move instantly between sender and recipient has long been gaining ground in P2P payments, the gig economy, the insurance industry and more. Kohli said such customers are looking to turn the shutdown into an opportunity by rethinking some manual processes that their payments workflows are still chained to.

Instant Payments 59

Instant Payments ACH PayPal Payments 59

PYMNTS

JUNE 25, 2020

Few sectors of the economy have been harder hit during the pandemic than the hospitality industry. Most of the company’s facilities have reopened, which is good news for property owners and the thousands of Westgate workers who were furloughed during the shutdown. Things are steadily changing, however. Going Digital With Pay Cards.

Checks 57

Checks Payments Payroll Faster Payments 57

PYMNTS

APRIL 27, 2020

There’s certainly a movement of SMBs doing … well, something to preserve operations as the shutdowns spread out across almost all US states. Applying for the PPP aid, in fact, eclipsed cutting employee payrolls, which had been a tactic for 36.8 percent of SMBs). percent of SMBs. percent who had embraced that practice on April 6.

On-Demand 67

On-Demand Small Business Shutdown Payroll 67

PYMNTS

MAY 14, 2020

percent, which is the highest it’s been since the Great Depression of the 1920s, as well as a record high of contractions for payrolls. Last week’s reports showed record numbers of unemployment at 14.7

Returns 52

Returns Payroll Research Risk 52

PYMNTS

APRIL 13, 2020

Consumers, 60 percent of whom now report living nervously paycheck-to-paycheck in an economy that is literally shut down, with the ranks of the unemployed approaching 15 percent, have shut down their wallets to anything they don’t deem essential. Today, for most Main Street SMBs, there is no money to meet payroll or pay bills.

Payroll 115

Payroll On-Demand Returns Economy 115

CB Insights

OCTOBER 31, 2017

Most surprising was the sudden shutdown of Sprig, a startup in the beleaguered food-delivery space that first received funding in 2013. ” Title: Shelfie to Shutdown on 31 January – Download Your eBooks NOW. The shutdown was a conscious business decision. Title: Post Ghost Shutdown: An Open Letter to Twitter.

Posting 78

Posting Product Online and Mobile Banking On-Demand 78

PYMNTS

FEBRUARY 3, 2019

The survey, conducted for the paper by Vistage Worldwide, found 14 percent of small businesses expect to see an improvement in the economy this year — compared to 36 percent who are bracing for it to get worse. Recessions are not made of one firm collapsing, but of many firms cutting back in marginal ways.”.

Small Business 40

Small Business Shutdown Economy Payroll 40

PYMNTS

MAY 12, 2020

House Democrats unveiled a $3 trillion spending package for more coronavirus aid on Tuesday (May 12), including more money for individuals affected by the shutdown, according to CNBC. Republicans, who have been resistant to spending more on stimulus packages, are not likely to go along with the plan.

Shutdown 78

Shutdown Enrollments Payroll Governance 78