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Pandemic reveals early winners in digital finance race – Bankless Times


Pandemic reveals early winners in digital finance race
2020 was already shaping up to be a busy year and that was before the pandemic hit, OneSpan’s director of global regulations and standards Michael Magrath said.
Mr. Magrath said the COVID-19 pandemic impacted the financial services industry by forcing many institutions to immediately change their service models. While closing branches is nothing new, closing them all at once is. The banks who most successfully adapted tended to be the ones who were proactive in implementing their onboarding capabilities prior to the pandemic as they developed competitive advantages through streamlining various processes. Those who had not addressed these areas had to learn quickly if they hoped to retain business. ....

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Recognition of Armenian Genocide holds significant meaning for local community


President Biden’s recognition comes 106 years after massacre
RHODE ISLAND — The acknowledgment was far overdue, but President Joe Biden’s long awaited recognition of the Armenian Genocide carries significant meaning for the local Armenian community. 
On April 24 — Armenian Genocide Remembrance Day — Biden became the first United States President to officially recognize the massacre of Armenians under the Ottoman Empire as genocide. 
The recognition comes 106 year later. 
For the Armenian National Committee of Rhode Island Co-Chair Stephen Mesrobian, the long awaited recognition brought on a tidal wave of emotions, as well as tears. 
“I started thinking about my grandmother, who survived a deportation march through the Syrian Desert, and managed to make her way, eventually, from what was Armenia, or the Ottoman Empire, to Damascus, Syria, to Marcé, France and then Providence, Rhode Island,” Mesrobian said.  ....

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