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Stu Lubow, who succeeded Kenneth Mahon, gained more responsibilities. Mahon remains Dime's CEO.
May 28 -
The website, ppp.bank, will help borrowers in the Paycheck Protection Program apply for loan forgiveness.
May 28
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Customers' increased use of digital channels during the pandemic could compel the Minneapolis company to rethink its branch strategy, CEO Andy Cecere said.
May 28
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The latest Credit Union Trends Report from CUNA Mutual Group predicts interest rates will be at record lows for at least two years and earnings are also likely to take a hit from record-high unemployment.
May 28
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The Federal Reserve Bank of Boston published details on the terms for lenders and borrowers to participate in the facility intended to provide coronavirus relief funds to middle-market firms.
May 28
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Payouts continue to be relatively generous, but that could change if the Federal Reserve demands banks bolster capital or the economy worsens.
May 28
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The measure, which garnered near-unanimous support, would triple the period during which businesses can spend their coronavirus relief funds and make it easier for loans to be forgiven.
May 28
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People who order groceries for delivery may be using digital payments or a plastic card to pay for their food, but the person picking up the groceries may be making a separate payment at the point of pickup — and in the process, influencing the global shift toward contactless payments.
May 28
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About 78% of Mastercard’s European transactions are now contactless, and the company expects the shift in payment choice will be permanent.
May 28
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Sony has invested in digital transaction security firm MagicCube, citing it as the Sony Innovation Fund's first investment outside of Japan.
May 28
