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Fed proposes standards for accessing Fed accounts, payments system

Fed proposes standards for accessing Fed accounts, payments system The Federal Reserve Board proposed guidelines for evaluating requests for accounts with the Fed and access to the payments system,...

May 06, 2021
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Article
Payments

IRS issues another 1.1M EIPs

IRS issues another 1.1M EIPs The IRS said it is disbursing another 1.1 million Economic Impact Payments in the eighth batch under the American Rescue Plan. The IRS said it is disbursing another 1.1...

May 06, 2021
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Article
Crisis Preparedness Lending

FS-ISAC Coronavirus Update, May 6, 2021

FS-ISAC Coronavirus Update, May 6, 2021 The Small Business Administration said Wednesday that the Paycheck Protection Program has been exhausted, and as of Sunday, the PPP had given out nearly 10.8...

May 06, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

PPP general fund exhausted

PPP general fund exhausted The Paycheck Protection Program’s general fund was reportedly exhausted Tuesday ahead of the program’s May 31 authorization, though some PPP funds remain for certain...

May 05, 2021
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Article
Crisis Preparedness Lending