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Banks may finally be succumbing to the pressure from developments in technology to transition more fully from paper checks to electronic payments, James Gifas, head of RBS Citizens Treasury Solutions said in a press release. more
A training session to provide information on two U.S. Small Business Administration loan programs will be held in Raynham on Friday, May 3, sponsored by the South Eastern Economic Development Corp. more
Rhode Islanders have provided some of the most positive feedback on TD Bank’s Customer WOW Index among the financial institution’s Maine-to-Florida footprint, according to the bank. more
Bristol County Savings Bank cut the ribbon at new branches in Massachusetts on April 17, with its first full-service banking office in Fall River and its second and third branches in New Bedford. more
U.S. stocks rose, with the Standard & Poor’s 500 Index heading for its sixth straight month of gains, as pending sales of homes climbed amid optimism central banks will maintain stimulus plans. more
White Plains, N.Y.-based Handy & Harman Ltd.’s subsidiary Lucas-Milhaupt Inc. has acquired the assets of Wolverine Joining Technologies, the companies announced Monday. more
More Americans than forecast signed contracts in March to buy previously owned homes, another indication of progress in the housing market. more
Gasoline prices in the Ocean State fell 2 cents this week in the eighth consecutive week of price declines, AAA Southern New England reported Monday. more
Banco Santander SA, Spain’s biggest bank, named Javier Marin as its new CEO, turning to a leader from a younger generation after Alfredo Saenz resigned. more
Consumer spending in the U.S. rose more than projected in March, reflecting a jump in outlays for services that is unlikely to be repeated, signaling the biggest part of the economy will soften this quarter. more
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