Coronavirus Impact
Coronavirus Impact
Triptych of Citigroup, Wells Fargo, M&T

As COVID-19 infections break records nationwide, some banks are once again closing lobbies. But many others are maintaining the status quo after instituting a host of safety protocols that didn’t exist in the spring.

November 23
7 Min Read
If confirmed by the Senate, Janet Yellen would be tasked with helping steer the U.S. economy through a resurgent pandemic that is already causing parts of the nation to resume painful lockdowns.

Yellen, the former head of the Federal Reserve, would become the first woman to hold the nation’s top economic policy job just as the coronavirus pandemic threatens another downturn.

November 23
1 Min Read

PayPal Holdings Inc. employees will probably spend more time working from home even after the coronavirus pandemic is over.

November 23
1 Min Read
Hotel occupancy by-the-numbers

Hospitality sector credits are coming out of forbearance just as coronavirus cases surge. Restructurings and charge-offs could mount unless vaccine distribution happens quickly enough to jump-start travel by mid-2021.

November 23
5 Min Read
BankThink

Banks have made great strides in applying digital technology to the world of checks, but companies that receive checks still have to physically receive them in order to digitize them, says Santander's Greg Murray.

November 23
4 Min Read

In 2017 the creators adapted the technology into a touchless restaurant order-and-pay system that’s seen exponential demand during the pandemic, as dining establishments race to replace paper menus and card payment devices with contactless alternatives.

November 23
3 Min Read
PSO.11092020.COR1.png

When the pandemic hit full-force and lockdowns closed many agent locations, the industry’s shift to digital accelerated quickly. Even as job losses rose among those sending money overseas, the demand from recipients kept money moving, including among legacy companies like Western Union and MoneyGram.

November 20
1 Min Read
NCUA Chairman Rodney Hood
Opinion

The pandemic has highlighted massive inequalities in American life but the financial services industry can play a role in reducing these divisions.

November 20
4 Min Read
The Latest