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Citizens Access Targeting ‘Optimizers’ to Grow Deposits Beyond the Bank’s Footprint

Bank Innovation

Citizens Access, the digital-only arm of Rhode Island-based Citizens Financial Group, has grown to about $4 billion in deposits, mostly from new customers outside the bank's traditional footprint, since its launch in July 2018. If you build it, the optimizers will come.

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Cannabis Companies Would Be Eligible For COVID-19 Relief Under Bill

PYMNTS

The problem is that cannabis companies in states where the plant is legal are ‘essential workers’ during the pandemic, able to operate even despite the widespread lockdowns. That number has advocates for the drug optimistic about its future prospects of legality.

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Bitcoin Daily: Argentina's Crypto Exchanges See Record Growth In 2020; JD.com Sees 20,000 Digital Yuan Transactions In 24 Hours

PYMNTS

This is bigger than the 2017 spike on operations and on demand.". The expansion includes 10 new states: Georgia, Hawaii, Nevada, New Mexico, Ohio, Oregon, Maryland, West Virginia, Delaware and Rhode Island, according to the release. has surpassed 5,000 locations.

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Google Play Policy Changes Will Extend Gambling Apps Across More Countries

PYMNTS

Sports betting is only allowed in Colorado, Illinois, Indiana, Iowa, Nevada, New Hampshire, New Jersey, Pennsylvania, Rhode Island, Tennessee and West Virginia. . Currently in the U.S., online casino games are only allowed in Delaware, Nevada, New Jersey and Pennsylvania.

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Pawtucket Credit Union finds new leadership close to home

American Banker

The Rhode Island institution's next CEO has led lending operations at nearby Navigant Credit Union since 2017. ]].

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For One Restaurant, Life Before (And During) COVID-19

PYMNTS

That’s especially true in the restaurant sector, where untold numbers of eateries have gone dark completely, or have shifted operations away from dine-in offerings to some creative options and alternatives to keep things afloat during the coronavirus pandemic. My advice is just hang in there,” she told Webster.

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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

Operational Risk: Lastly, the OCC mentioned an increase in operational risk, and its intent to focus on: • Significant growth areas, new products, new or expanded services and changes in strategic direction. The OCC on Oct. The OCC plans to implement the following: • Risk management for new and high growth loan products.