by Laura Alix | Jan 8, 2017
The FDIC has opened its doors to new de novo bank applications, but those in the know aren’t expecting a flood of new bank applications like you might have seen in the good ol’ days. A little more than 1,000 new community banks were chartered
by Laura Alix | Jan 1, 2017
You wouldn’t dream of building a bank branch that was inaccessible to a person with a disability, but can you say the same about your website?
by Laura Alix | Jan 1, 2017
William McCalpin dove into the world of impact investing when he joined the Rockefeller Brother Fund after law school.
by Laura Alix | Dec 27, 2016
Younger American workers may be burdened with higher student debt and unemployment rates than the country as a whole, but they’re also more optimistic than older generations, according to a recent report from the Federal Reserve.
by Laura Alix | Dec 25, 2016
With EMV slowly but steadily rolling out across the U.S. and e-commerce on the rise, the payments system is turning into the perfect breeding ground for card-not-present fraud. But fear not, say payments pros, because while technology may offer up new opportunities for exploitation, it also brings to market potential solutions to head off crooks at the pass.
by Laura Alix | Dec 19, 2016
An Amsterdam-based men’s clothing company is getting some Boston digs, moving into a former Newbury Street restaurant sometime next year.
by Laura Alix | Dec 18, 2016
From collecting canned goods to putting hammer to nails, Massachusetts’ banks and credit unions play an instrumental role in supporting their community nonprofits – and they say that no hand up is too small.
by Laura Alix | Dec 18, 2016
Before he founded Deposify, Jon Bayle worked as a mergers and acquisitions lawyer for more than a decade, mostly dealing with tech companies.
by Laura Alix | Dec 13, 2016
First Republic Bank liked Gradifi’s student loan paydown platform so much, they bought the company last week for an undisclosed amount in an all-cash deal.
by Laura Alix | Dec 11, 2016
As rental housing dominates cities across the country, at least one bank is thinking about how to best capitalize on that trend – and it’s hoping its solution will work for other community banks, too.
by Laura Alix | Dec 6, 2016
If you’re anything like me and spend the majority of your work day behind a computer, it can be difficult to avoid what feels like the constant onslaught of bad news, fake news and malicious gossip swirling on social media. Today, I’d like to shine a little light on...
by Laura Alix | Dec 4, 2016
Donald Trump may be a notoriously lousy credit risk, but the former reality TV star’s newest gig as president of the United States could be a boon to bankers weary of regulatory burden.
by Laura Alix | Dec 4, 2016
Terence McGinnis has been drinking from a fire hose for the past couple of months – figuratively speaking, of course.
by Laura Alix | Nov 27, 2016
Banks sit upon vast reserves of customer data, the likes of which would make even Google salivate, but in the early years of the big data hubbub, traditional depository institutions at first struggled to get their arms around the concept. Now, by zeroing in on one or two very clear and narrow goals
by Laura Alix | Nov 13, 2016
It ain’t easy being green – and any Massachusetts banks that may be curious about the business of banking pot are about to find that out.
by Laura Alix | Nov 6, 2016
Driverless cars could make the roads safer for all, but insurance companies have a long and winding road to figuring out how to deal with autonomous automobiles.
by Laura Alix | Nov 6, 2016
David Felton got his start in banking as a teller, but he got his start at Rockland Trust after he tried to poach some of their business clients.
by Laura Alix | Oct 30, 2016
John Battaglia began his mortgage banking career at Boston Five Cents Savings Bank in the early ’80s, moving on to Citizens Bank after it acquired Boston Five, and eventually working with a business partner to form their own independent mortgage banking company, Cambridge Mortgage Group. This year, he joined The Cooperative Bank (TCB) to boost the bank’s mortgage business. When he’s not talking mortgage banking, Battaglia plays golf and basketball and coaches youth football.
by Laura Alix | Oct 30, 2016
EMV cards, also known as chip-and-PIN cards, were supposed to introduce a new layer of security into debit and credit card purchases, but more than a year after the liability shift, consumers complain about processing times, EMV terminals have slots taped over and
by Laura Alix | Oct 27, 2016
The Institution for Savings in Newburyport recently received approval from the local Zoning Board of Appeals to build a new full-service branch on the site of the former Hamilton Gardens.