PPP scammers leverage Fintech

to rapidly access Paycheck Protection Program funds, which were granted in the form of forgivable “loans”. About a four-minute read.

Comment: yes, this is the downside of rapid on boarding, one of Fintech’s key USPs when compared to slower moving incumbents. That being said, its not really fair to blame the tech, as US media is tending here; once again, we see its more important to consider how the tech was used. And in this case, somewhat irresponsibly.