Banking & Finance

As a small business owner, Erin Reardon Defoyd has forged her own path, leveraging powerful insights gleaned from more than a decade of corporate experience.

With all factors considered, are we headed toward a totally electronic banking industry, where coins and paper money are a thing of the past? It seems the answer would be yes, but Central Massachusetts banking leaders say no.

Sometimes banks opt to consolidate in order to offer their clients access to bigger loans and better resources, while other times they unite as a competitive strategy against banks with more assets.

Two years of pandemic-related enrollment declines are sure to have considerable impacts on colleges, but educators say the problem could be more long-term.

The North Central Massachusetts Development Corp., the economic development arm of the North Central Massachusetts Chamber of Commerce, has approved $35,000 in financing for two small businesses in its region.

A former Worcester temp agency manager will report to federal prison at the end of February and pay $3.48 million in restitution to the U.S. Internal Revenue Service and Travelers Insurance.

New England Money Handling Systems, an automated equipment provider for the financial sector based in Hopkinton, entered into an agreement for cybersecurity services with Raytheon Intelligence & Space, a business unit of the Waltham-based Raytheon conglomerate. Raytheon Intelligence & Space, based in Arlington, Virginia, has a plant in Marlborough.

Starting her career in the world of financial services, Aimee Peacock always knew she wanted to lead people but was not sure when that opportunity would present itself.

Main Street Bank in Marlborough has launched its new video banking service, Main Street Video Connect.

An ongoing merger between Shrewsbury-based valve manufacturer Neles Corporation and Valmet Oyj, a technology developer in Finland, which was expected to be completed in January has now been postponed to April due to lengthy regulatory review processes.