Facing an economic emergency tipped off by the unprecedented coronavirus pandemic landing on American shores, the federal government in an uncharacteristic burst of speedy bi-partisan cooperation passed the $2.2 trillion CARES Act, a massive stimulus effort meant to keep citizens and businesses whole and afloat while the world rides out the outbreak.

Paying out hundreds of billions of dollars virtually overnight to hundreds of millions of consumers and tens of millions of small- to medium-sized businesses (SMBs) is no small task, Ingo Money CEO Drew Edwards noted in this week’s On The Agenda Digital Roundtable discussion with Karen Webster and Dan Speight, CEO at Planters First Bancorp. And, having worked with federal officials on parts of this massive disbursement project already, he noted, they are well aware that prioritizing the speedy flow of funds to those who need it will have costs.

Watch the virtual panel at pymnts.com