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‘Digital bank’ launched for small businesses

PROVIDENCE - Connecticut-based Liberty Bank on Monday launched Owners Bank - a “digital bank” targeting small businesses in Rhode Island, Connecticut, Massachusetts and Pennsylvania....

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...
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