Wednesday, July 17, 2024

TOPICS

Home Tags Mobile Banking

Tag: Mobile Banking

Federal Reserve: COVID-19 boosted online, credit card purchases

PROVIDENCE – The COVID-19 pandemic ushered in new spending habits for consumers,  many of whom made the switch to online purchases and banking services,...
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...
BANK OF AMERICA reported a net income of $7.2 billion in the third quarter. / BLOOMBERG NEWS FILE PHOTO/RON ANTONELLI

Bank of America’s deposits surge in R.I. on mobile banking

Going by the numbers, Bank of America had a banner year in Rhode Island. Its deposits within the state skyrocketed to $12.4 billion as...
- Featured Event -

Latest News