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Walden Mutual aims to serve New England’s food community

Independent Banker

includes (from left): Christina Johantgen (head of marketing and creative), Joe York (head of product), Kelsey Cahill (summer associate), Jackie Charron (chief operating officer and executive vice president), Debbie Morin (chief financial officer), and CEO Charley Cummings. The team at Walden Mutual, a planned de novo in Concord, N.H.,

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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

Credit Risk: The OCC states that the low interest rate environment, modest loan demand and lower revenue from fees is forcing banks to adapt and come up with new business models and increasing risk tolerances. The OCC plans to implement the following: • Risk management for new and high growth loan products. 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. Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic.

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Amazon Said To Roll Out PillPack Service To Employees

PYMNTS

Analysts at Jefferies have also identified additional licenses for operations in Washington, New Mexico and Indiana, which could signal bigger plans for Amazon as well. According to reports, Amazon has hundreds of thousands of staff already employed, and its recent decision to add new headquarters in New York City and Washington, D.C.

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Lawmakers Eye Alternatives To Renter Security Deposits

PYMNTS

New York, Ohio, and Virginia lawmakers all have introduced security deposit-focused legislation designed to help renters in markets often without designated, affordable and low-income housing. Alabama, Connecticut, and New Hampshire representatives say they will follow suit this year with a similar legislative approach.

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Navigating the Loan Landscape: A Guide to Small Business Financing

Ublocal

Below is a list of the core requirements: Must be an operating business, organized for profit Located in the U.S. and primarily operating in the U.S. In fact, Union Bank’s Susan Perry was recently recognized as the “ New Hampshire 504 Lender of the Year ” for originating the most SBA 504 loans in New Hampshire in 2022.

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The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

Late last year, DraftKings reported $213 million in 2019 revenue and control of about 60 percent of the market, indicating that the industry as a whole had revenue north of $350 million – and that’s only counting the direct revenue brought in by wagers. The firm entered the public markets with a valuation of $3.3

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