Tagged: covid

British Business Bank: COVID Schemes Saved 500,000 to 2.9 Million Jobs

The British Business Bank is distributing an “Evaluation Report” on the impact of the COVID loan guarantees that indicates 150,000 to 500,000 businesses were saved and between 500,000 to 2.9 million jobs were maintained. The report was authored by London Economics and Ipsos. The document… Read More

Marqeta Research: Digital Payments Increase Here to Stay

This should really come as absolutely no surprise, Fintech Marqeta (NASDAQ: MQ) has distributed a study that states digital payments increase fueled by the COVID health crisis – is here to stay. During the somewhat dubious lockdowns, digital transactions of all kinds rocketed higher. The… Read More

Neobank Current Claims to be First Fintech to Receive Government Stimulus Payments, Distributes Money to Accounts

As the most recent stimulus package dealing with COVID-driven economic damage became law, funds are being distributed across the country. Earlier this evening, the US Treasury Department and the Internal Revenue Service commenced delivering the second round of Economic Impact Payments to millions of Americans… Read More

Starling Bank Survey Reveals 80% of UK SMEs Are Confident They Will Recover From COVID Despite Concerning Economic Forecast

‘ UK-based digital banking group Starling Bank announced on Monday its latest survey reveals four in five (80%) UK SMEs are confident they will recover from the COVID-19 pandemic. The survey, which was conducted with the Great British Entrepreneur Awards (GBEA) was done on more… Read More

Send this to a friend