Home
Fintech
Record Jobless Claims, Stimulus Relief and Fintech’s Role in the Crisis

Record Jobless Claims, Stimulus Relief and Fintech’s Role in the Crisis

·
FintechNews RoundupUSA
··1 min read

In this week’s PeerIQ Industry Update they cover the explosion in jobless claims with a record setting 3.28mn as fears continue to rise over the crisis; they include a fascinating chart examining how coronavirus is having a ripple effect across the economy as a whole; the more than $2tn stimulus will help to inject much needed capital into the economy and provide small businesses a chance to survive in the near term; banks are hoping regulators will lift some financial crisis legislation so they can lend more without the worry of breaching capital buffers; fintechs could be in a unique position to help during the crisis with the speed at which they can lend and the Fed said they will approve these lenders to help push the money out as quick as possible. PeerIQ

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

    View all posts