Prosecutors say a Bronx crew recruited homeless people and walked them into branches to open accounts. The controls it beat were mostly human ones, standing at a branch counter.

The lender reported a 40% increase in net revenue, but operating expenses and an uncertain interest rate environment held it back from increasing outlooks.

The technology giant's patents, which were built for banks and credit unions, will enhance the USDC issuer's intellectual property as more banks enter the stablecoin market.

The bank released reserves it no longer needed because credit outperformed. An accounting switch means that line runs close to zero by the fourth quarter.