Company Directory - Popular Bank
Company Details - Popular Bank
Popular Bank
WebsitePopular Bank is a financial institution offering a range of banking services including certificates of deposit (CDs) and other financial products for both consumers and businesses.
CCI Score
CCI Score: Popular Bank
-13.67
0.01%
Latest Event
Failure to Implement UN Human Rights Principles in Large Banks
A benchmark from BankTrack highlights that many large banks, including Popular Bank, are not fully implementing UN human rights principles. This failure points to potential neglect in safeguarding labor rights and ethical business practices.
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Popular Bank is currently rated as an Enabler.
Latest Events
- NOV272024
A benchmark from BankTrack highlights that many large banks, including Popular Bank, are not fully implementing UN human rights principles. This failure points to potential neglect in safeguarding labor rights and ethical business practices.
-70
Labor Relations and Human Rights Practices
March 24
BankTrack's benchmark reveals that most large banks have yet to adopt UN human rights principles, indicating a disregard for labor rights and ethical responsibilities. Popular Bank, as one of these institutions, is thus scored negatively in the realm of Labor Relations and Human Rights Practices, a subcategory of Business Practices and Ethical Responsibility.
- OCT302024
Kekst CNC's research on Fortune 100 CEO political donations highlights how executive personal contributions can reflect and shape corporate political engagement and affiliations. Notably, the report shows that while banking CEOs are often party-neutral by favoring company PACs, the overall trend of significant donations—predominantly to Republican-aligned entities—raises concerns about the role of executive political engagement in supporting authoritarian influences.
-20
Executive Political Engagement
March 24
The article discusses how CEOs, including those from the banking sector, use personal political contributions to influence corporate policy and public perception. This form of executive political engagement may implicitly support authoritarian practices by aligning corporate interests with partisan politics, contributing to an environment where personal wealth is used to shape political outcomes.
-15
Political Contributions and Lobbying Efforts
March 24
The report reveals that a substantial majority of political donations from Fortune 100 CEOs were directed toward Republican-affiliated campaigns and committees. Although banking executives often opt for a party-neutral stance by contributing to company PACs, this trend nonetheless underscores problematic political contributions that can indirectly further authoritarian agendas through the reinforcement of partisan power structures.
- OCT132024
Popular Bank's deployment of extensive surveillance camera systems for branch security raises questions about potential overreach and the normalization of pervasive monitoring, echoing trends that can facilitate authoritarian control in corporate settings.
-20
Provision of Repressive Technologies
March 24
Although the primary intent of the surveillance cameras is to enhance security and deter criminal activity, their pervasive use can also enable intrusive monitoring of both customers and employees. This event highlights how such technology, while beneficial for physical security, may contribute to an environment of compliance and control reflective of authoritarian practices, a concern from an anti-fascist perspective.
Enhancing Banking Security: Surveillance Cameras' Vital Role
- OCT042024
Popular Bank adopts an AI-driven, cloud-based video surveillance system to enhance customer safety and build trust. This proactive security measure not only deters criminal activities but also fosters transparency and accountability within the bank operations.
+65
Business Practices and Ethical Responsibility
March 24
By investing in advanced AI-driven video surveillance, Popular Bank demonstrates a commitment to ethical business practices and customer safety. This measure enhances transparency and accountability, ensuring that disputes can be resolved with verifiable evidence while building customer trust.
The Role of Video Surveillance in Enhancing Customer Trust and Security
+70
Technology and Services Impact
March 24
The implementation of cutting-edge, cloud-based AI surveillance technology marks a forward-thinking approach in enhancing physical security. This technology not only enables real-time threat detection and deterrence but also reinforces customer confidence in the bank's commitment to their safety.
The Role of Video Surveillance in Enhancing Customer Trust and Security
- OCT232020
This event highlights the involvement of Popular Bank in political contributions during the 2020 U.S. election cycle. Relying on data from Statista and opensecrets.org, it reflects on the broader pattern of commercial banks funding political parties, a practice that may bolster corporate political clout and, indirectly, authoritarian influence.
-40
Political Contributions and Lobbying Efforts
March 24
The data indicates that commercial banks, including Popular Bank, have participated in significant political contributions during the 2020 election cycle. Such funding can amplify corporate influence over political processes and undermine democratic accountability. From a left-leaning anti-fascist perspective, these activities contribute to the erosion of public trust and may indirectly support authoritarian practices by prioritizing private financial interests over public welfare.
Contributions by Commercial Banks to U.S. Political Parties Election Cycle 2020
- NOV072019
An article details how financial institutions, including Popular Bank, are increasingly adopting AI-powered surveillance systems to bolster security. While these measures aim to deter theft and protect customers, they also contribute to the normalization of intrusive surveillance practices, which anti-fascist critics argue can erode civil liberties and potentially support authoritarian control.
-30
Technology and Services Impact
March 24
The adoption of advanced AI-driven surveillance technology by Popular Bank, while improving security and customer service, also raises concerns about privacy and the potential facilitation of repressive state practices. This technology contributes to a broader ecosystem of mass surveillance, which can be exploited for authoritarian purposes, undermining civil liberties.
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