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A TAXING MATTER: Katie McIntosh, partner at Warwick-based DiSanto, Priest & Co., says many people dealing in cryptocurrency need a better understanding of the tax implications, or it could prove to be costly. 
PBN PHOTO/­MICHAEL SALERNO

Crypto tax implications are often a costly surprise

Rhode Islanders who own cryptocurrency may be sitting on a tax surprise waiting to surface. That’s because the IRS treats digital assets not as cash...
STAYING RELEVANT: Greenwood Credit Union CEO and President Frederick Reinhardt says credit unions need to adapt to how younger people prefer to bank, as many don’t use ATMs, barely use cash and don’t want to swipe a card, preferring to pay with their phone or a tap.
PBN PHOTO/ELIZABETH GRAHAM

Gen Z banks differently; can credit unions keep up?

Gen Z is poised to become the most powerful force in consumer finance in the coming years, but credit unions risk missing out if...

Billions stored on digital payment apps may be unprotected, CFPB warns

WASHINGTON – The Consumer Financial Protection Bureau has published a consumer advisory on digital payment apps heavily used by consumers and businesses. A CFPB analysis...

Fraud, scam cases increasing on Zelle, Senate report finds 

NEW YORK (AP) – Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according to a report...
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