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BIGcast

01Sep

The Way We Pay- Before and After COVID

Glen chats with the Atlanta Fed’s Claire Greene about the Diary of Consumer Payment Choice, including new data on behavior at the height of the pandemic. Also- PPP lending leaders, good and bad news for checks, and a caution flag on the payroll tax.  

 

Claire's views are her own and do not necessarily represent the views of the Federal Reserve Bank of Atlanta or the Federal Reserve System.  

Links related to this episode:

The Fed’s Diary of Consumer Payment Choice: https://www.frbatlanta.org/banking-and-payments/consumer-payments.aspx

The Fed’s Check Sample Survey: https://www.frbatlanta.org/-/media/documents/rprf/publications/2020/07/30/2018-check-sample-survey/report.pdf

Recent BIS paper on the safety of cash: https://www.bis.org/publ/bisbull03.htm

Wall Street Journal coverage of the payroll tax deferral plan: https://www.wsj.com/articles/trump-administration-begins-payroll-tax-deferral-plan-set-to-start-sept-1-11598649525

S&P Global Market Intelligence data on top PPP credit union and bank lenders: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/top-ppp-lenders-among-banks-and-credit-unions-60059045

BIG’s ACE service (API Connection Experts): https://www.big-fintech.com/Products-Services/API-Connection-Experts

 

Best Innovation Group’s ongoing Digital Town Halls for best practice sharing on Credit union responses to COVID-19, held each Wednesday: https://www.big-fintech.com/CU-Digital-Town-Hall

The BIG website: www.big-fintech.com

Follow the Best Innovation Group on Twitter: @bigfintech

Follow Glen on Twitter @154Advisors

Follow John on Twitter @jbfintech

About the Author

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