Sandy Spring National Bank of Maryland, Olney, hired Michael R. Penyak
Mr. Penyak was a vice president of consumer lending at the Linthicum,
Sandy Spring National Bank is the lead subsidiary of $933 million-asset
The Minneapolis-based bank has rolled out payroll and bill pay features four months after unveiling a service to monitor card spending. An accounts receivable solution is on deck.
An alleged scandal involving the LA Clippers is just the latest reputation hit to the beleaguered fintech.
When JPMorganChase said it planned to charge aggregators for its customer data, it sparked strong feelings on all sides.
The card brand has added several tools that expand "agentic commerce," which adds artificial intelligence-based automation to shopping, service and checkout, innovation that's becoming popular with payment companies.
Execs say other banks are still more of a rival for deposits than the digital currency.
First Northwest Bancorp in Port Angeles has selected an Everett, Washington-based competitor's president to serve as its new top executive.
