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4 tips for better vendor management

Independent Banker

There’s a host of regulatory guidance when it comes to vendor management, but community banks also have wiggle room to craft their own policies. Managing all of your bank’s vendors can be a tall order, especially for community banks that rely on dozens or even hundreds of vendors. In addition to its vendor management platform, $2.2

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DOJ announces settlement of redlining lawsuit

CFPB Monitor

The Justice Department announced that it has entered into an agreement with Lakeland Bank to settle the DOJ’s claims that Lakeland engaged in unlawful redlining in the Newark, New Jersey metropolitan area. According to the DOJ , the settlement represents the third-largest redlining settlement in the DOJ’s history.

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Coinbase Offers Bitcoin Cash Loans Of Up To $20K In 17 US States

PYMNTS

With today’s announcement, we want to give our customers even more control over their crypto investments, while offering secure access to cash at the same time,” Thorsten Jaeckel , product manager for Coinbase, wrote on the blog. The maximum loan is $20,000 at 8 percent for one year with no credit check.

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Popular Bank Appoints Director of Wealth Management

PopularBank

Joseph Culotta Brings More Than 18 Years of Leadership and Wealth Management Expertise to Popular Bank. NEW YORK, NY – September 15, 2020 – Popular Bank , a subsidiary of Popular, Inc. We are thrilled to welcome Joe to our Wealth Management leadership team to head our Popular Investments business,” said Ford. “We Popular, Inc.

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Bitcoin Daily: NJ Assembles Blockchain Initiative Task Force; IBM Eyes Blockchain Browser

PYMNTS

New Jersey ’s governor has signed a bill to implement a Blockchain Initiative Task Force. FATF would manage the project, while the 15 nations, including the G7 members, Australia and Singapore, would develop the system, according to Nikkei Asian Review.

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Report: ABG May Buy Bankrupt Ann Taylor Parent Firm Ascena

PYMNTS

Authentic Brands Group ( ABG ), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group , the recently bankrupt parent firm of Ann Taylor, Footwear News reported. The New Jersey-based company operates about 3,000 stores, mostly at malls. billion debt.

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Affinity Federal Credit Union On The Importance Of Accelerating Digital Transformations

PYMNTS

New Jersey-based Affinity Federal Credit Union began upgrading its systems about five years ago as it looked toward the digital future. The new features include a biometric voice authentication system intended to reduce the time spent waiting on hold and fortify security.