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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

The tri-state area (New York, New Jersey and Connecticut) saw the highest growth in the district, an impressive 7 percent. ” As a regulatory body, the OCC said it will focus on the following to address the increasing risk: • Execution of bank strategic plans and management of strategic risk. The OCC on Oct.

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Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

As many teams within businesses big and small had continued to rely on paper and manual processes, AP operations were tasked with migrating to a work-from-home environment quickly. “The finance function, historically, hasn’t been managed in a remote working environment,” he said. ” Offering the Right Tools.

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CVS Partners With Glamsquad To Offer In-Store Hair, Beauty Treatments

PYMNTS

Glamsquad is already available in four CVS BeautyIRL locations in Florida, Connecticut and Massachusetts, and additional locations are scheduled for 2019. Some of the services that will be available include blowouts, dry styling, braids, a 30-minute makeup refresher, skin services and manicures. and revenues of $46.7 billion respectively.

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Amazon’s Great Infrastructure Expansion Rolls On — Now With A New Logistics IT Center

PYMNTS

“Amazon is always looking for the best and brightest software engineers to join our team,” said Dave Glick, VP of operations technology for Amazon. The commitment to education, growth of the local high-tech industry, and caliber of technical talent in Minneapolis make it an ideal place for our expansion.

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PPP Lender Guidance Details How Borrowers Apply for a Second PPP Loan

Abrigo

The most important thing is to get your financials prepared,” Catherine Marx, District Director for the SBA’s Connecticut District Office, said during a webinar hosted Jan. 5 by Connecticut’s Small Business Development Center. Credit Risk Management. How to Manage Credit Risk in a Recession: A Series Examining Best Practices.

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Smaller Firms Targeted For Big Hauls By Payments Fraudsters

PYMNTS

Those sanctions were tied to travel and operating charges that were inconsistent with procurement rules. In one case that showed how crime does not pay (and, in fact, can cost all parties dearly in Connecticut), a woman agreed to reimbursement to the tune of $1 million. Rispoli had utilized PayPal and Venmo accounts.

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Bridging Banking Gaps For Cannabis Companies

PYMNTS

The American Bankers Association has stated that “we believe the time has come for Congress and the regulatory agencies to provide greater legal clarity to banks operating in states where cannabis has been legalized for medical or adult use.”. Manual processes means management of these programs is fundamentally onerous and time-consuming.

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