U.S. banks battle technology issues in race for $310 billion in new small-business aid

  • 📰 Reuters
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

U.S. bankers racing to grab $310 billion in fresh small-business aid worked through the night on Tuesday, with many battling ongoing technology problems created by 11th hour changes to the first-come-first-served program, multiple bankers said.

FILE PHOTO: Treasury Secretary Steven Mnuchin addresses the daily coronavirus response briefing as U.S. President Donald Trump listens at the White House in Washington, U.S., April 2, 2020. REUTERS/Tom Brenner

The flood of new applications, combined with changes to the SBA loan submission process made on Sunday, caused technology problems for many banks using the SBA’s “E-Tran” processing website, which was not designed to handle so much traffic. Banks were sitting on hundreds of thousands of backlogged loan applications after the first $349 billion round of funding released on April 3 was exhausted in less than two weeks.

“I have been trying to access E-Tran since 10:30 yesterday. I have not had a connection for longer than a couple minutes. This is not the result of pacing. This is the result of a system that isn’t working,” Maria Amoruso, an executive at NexTier Bank in the Pittsburgh area, said in a post on Twitter.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

Sorry, but this isn't going to go to small businesses. We've already seen what they think is a 'small business'.

One of the troubles with this country are the banks, keep them out of the small business loans in the bailout. Keep big Banks out today.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 2. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

U.S. banks in another mad grab for $310 billion in new small-business aidU.S. banks on Monday began another chaotic dash to grab $310 billion in fresh small-business aid released by the government, after 11th-hour changes to the first-come-first-served program led to technology issues for some lenders. What is she trying to measure ? If only there was an IG overseeing this money, instead of a couple of Trump's trick poodles. realDonaldTrump This kind of stupid mad dash to the money will not help the overall economy. realDonaldTrump SpeakerPelosi
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »

U.S. banks gird for mad grab of another $310 billion in new small business aidU.S. banks on Monday began another chaotic dash to grab $310 billion in fresh small business aid released by the government, after it changed some of the rules of the first-come-first-served program at the 11th hour. The US makes more money when we all sit at home. Let’s switch to UBI, sit back, and see how high the debt can actually go!!! Is she giving away pens again? Its interesting watching how much Americans will tolerate. One day...one day it will click that every dollar the government doesn't spend on them is B*******! Taxes = People's money.
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »

U.S. banks in another mad grab for $310 billion in new small-business aidU.S. banks on Monday began another chaotic dash to grab $310 billion in fresh small-business aid released by the government, after 11th-hour changes to the first-come-first-served program led to technology issues for some lenders. What is she trying to measure ? If only there was an IG overseeing this money, instead of a couple of Trump's trick poodles. realDonaldTrump This kind of stupid mad dash to the money will not help the overall economy. realDonaldTrump SpeakerPelosi
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »

U.S. banks gird for mad grab of another $310 billion in new small business aidU.S. banks on Monday began another chaotic dash to grab $310 billion in fresh small business aid released by the government, after it changed some of the rules of the first-come-first-served program at the 11th hour. The US makes more money when we all sit at home. Let’s switch to UBI, sit back, and see how high the debt can actually go!!! Is she giving away pens again? Its interesting watching how much Americans will tolerate. One day...one day it will click that every dollar the government doesn't spend on them is B*******! Taxes = People's money.
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »