article thumbnail

Citizens builds liquidity amid concerns over credit, regulation and war

American Banker

The Rhode Island-based bank is bolstering its cash position in the face of worries about office loans, stricter capital requirements for regional lenders and the possibility of economic shock from overseas conflicts.

article thumbnail

Report: 80 Pct. Of NJ Gamblers Place Wagers Online

PYMNTS

Legislators in Rhode Island, for example, debated allowing mobile sports betting after extending it to casinos. com to invest in automated authentication processes, according to Russell Medley, 888’s director of fraud and risk management. In May, New Jersey surpassed Nevada for the first time.

NJ 108
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

• Board risk parameters, adequacy of staffing, succession planning and audit. Asset and Liability Management: Asset and liability risk management was deemed a concern as continued low interest rates and pressure on traditional earnings sources cause many banks to increase long-term asset holdings. The OCC on Oct.

article thumbnail

Lending Is Failing To Live Up To 2018’s Great Expectations

PYMNTS

Citizens Bank , a regional player based in Rhode Island, for example, was looking for growth in its newest underwriting area — student loan refinancing. Specifically, the firm will focus on dual-language offerings for mobile and web applications, as well as automating risk-management and loan-origination processes. “It

Lending 100
article thumbnail

How Big Tech Is Finally Tackling Cybersecurity

CB Insights

Currently, the company is involved in a class action lawsuit with Rhode Island’s Pension Fund related to the data breaches. With millions of people potentially affected, it did not alert users or regulatory bodies in the EU about the first breach until months later. What Google is Doing to Address the Gaps.

Google 76