Top

Tag: COVID


Capital and Risk, Credit, Regulations

FTC fines fintechs Biz2Credit, Womply $59M over PPP actions

March 19, 2024

Via: Banking Dive

Two fintechs, Biz2Credit and Womply, agreed to pay a collective $59 million to settle allegations they deceived small businesses seeking Paycheck Protection Program loans during the COVID-19 pandemic, the Federal Trade Commission said Monday. Biz2Credit and its subsidiary, Itria Ventures, […]


Capital and Risk, Insurance

Two More Appeals Courts Rule Against Businesses in COVID-Interruption Suits

August 12, 2022

Via: Insurance Journal

Federal and state appeals courts in two Southeastern states have ruled against pandemic-affected businesses, adding to the list of decisions that have found that insurance policies covered only physical damages. In South Carolina, the state Supreme Court this week became […]