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DUE DILIGENCE: BayCoast Bank Chief Information Officer Dan DeCosta says banks need to exercise caution, so as not to rush out new technology that creates more problems than solutions. / PBN PHOTO/RUPERT WHITELEY

Banking pushed further onto web, mobile devices

The financial sector long ago embraced online banking, but the coronavirus crisis has boosted use of the technology to new levels. Financial institutions reported an...

Local lenders report slowdown in PPP applications but increased anxiety over...

PROVIDENCE – The flood of applications from small businesses desperate for payroll relief has slowed to a trickle, local lenders say. But while demand for...

Five Questions With: Dan DeCosta

Dan DeCosta is chief information officer for BayCoast Bank, where he has worked since 2002, beginning as an information technology technician. He earned a...

Local lenders prepare for fast and furious second round of PPP...

PROVIDENCE – “A breath of fresh air” is how Leland Merrill, chief lending officer and chief operating officer of BankNewport, described it when the...

BayCoast Bank donates $128K to 4 local nonprofits

SWANSEA – BayCoast Bank recently donated $128,000 to four local nonprofits in southeastern Massachusetts that are helping people hurt by COVID-19, according to a...
WILLING PARTICIPANT: BayCoast Bank is one of lenders with a local presence that has begun accepting and processing applications for the U.S. Small Business Association’s Paycheck Protection Program. / COURTESY BAYCOAST BANK

Stressed R.I. employers jostle to receive SBA assistance

The rollout of federal relief ­programs offered a much-needed source of funding and of hope to small businesses struggling in the coronavirus pandemic. But securing...
CANNABIS CONVERSATION: PBN editor Michael Mello, right, moderates a panel discussion at PBN’s The Business of Cannabis Summit at the Omni Providence Hotel on Feb. 26, featuring from left: Karyn Rhodes, of Complete HR Solutions; Mitzi Hollenbeck, of Citrin Cooperman; Benjamin L. Rackliffe, an attorney at Pannone Lopes Devereaux & O’Gara; and Kristyn Glennon, of BayCoast Bank. / PBN PHOTO/RUPERT WHITELEY

PBN panel: R.I. will legalize recreational pot eventually

Even though the General Assembly leadership is attempting to put brakes on the legalization of recreational marijuana in Rhode Island, it’s just a matter...
BENJAMIN L. RACKLIFFE, second from right, an attorney at Pannone Lopes Devereaux & O’Gara LLC, speaks during a panel discussion at Providence Business News' Business of Cannabis Summit on Wednesday in Providence. Also on the panel was, from left, Karyn Rhodes, of Complete HR Solutions; Mitzi Hollenbeck, of Citrin Cooperman; and Kristyn Glennon of BayCoast Bank. / PBN PHOTO/RUPERT WHITELEY

PBN cannabis summit: Legalized recreational pot is only matter of time...

PROVIDENCE – It’s not a matter of whether recreational marijuana will be legalized in Rhode Island, it's a matter of when. That conclusion emerged from...

SBA: Citizens, BankNewport top list of lenders to R.I. small...

PROVIDENCE – Citizens Bank was the top lender to Rhode Island small businesses through the U.S. Small Business Administration’s 7a loan program from Oct....

Five Questions With: Shannen Pavao

Shannen Pavao serves as research associate director for the Center for Marketing Research at University of Massachusetts Dartmouth, which recently announced a white paper...

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