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SoFi Blog

Tips and news—
for your financial moves.

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Small Businesses Will Get More Help from the Fed

The Federal Reserve announced Monday it is broadening the terms of its “Main Street Lending Program,” an emergency program aimed at helping small and mid-sized businesses through coronavirus-related hardships.

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Pandemic May Accelerate Use of Contactless Payments

Despite reports from health experts that say the risk of contracting coronavirus from cash transactions is small, contactless payments have increased across businesses around the world since the beginning of the pandemic.

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