A 2024 hospital ransomware breach highlights what Wyden calls Microsoft's systemic failures, urging the FTC to take action.
First Data Corp. raised $2.56 billion in its initial public offering, pricing the shares below the marketed range.
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Regulators in the U.K. are weighing a cap on some of the fees that Visa and Mastercard charge local merchants for each card transaction, seeking to rein in charges that have risen fivefold since Brexit.
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A jury found the tech giant violated anti-monopoly rules by requiring in-house checkout for game makers such as Epic, which publishes Fortnite. Google and Apple may have to cut fees, but outside processors will be challenged to create a winning user experience.
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Michael Rhodes, who has spent the last dozen years in various executive roles at TD Bank Group, will become president and CEO of Discover Financial Services. The move comes four months after the unexpected departure of Discover's longtime CEO Roger Hochschild.
Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.
The combination of the two regional banks is set to create a $64.5 billion-asset company with a 13-state footprint across parts of the Midwest, South and West.
The avalanche of cases announced Friday included charges against a no-longer registered advisor and firm accused of misappropriating more than $20 million from clients.
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Bank and financial services supervisors have an affirmative duty to address the deep economic divide facing minorities in the U.S.
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The growth opportunity is there, the brand trust is there, the clients are there — it’s the banks that are largely absent.
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Juliette Kayyem, a veteran crisis manager, explores practical steps leaders can take to be ready for the next disaster in “The Devil Never Sleeps.”
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The Office of the Comptroller of the Currency is telling financial institutions that they must safeguard customer data even when federal agencies request information in criminal investigations, addressing Republican concerns about debanking that arose after the Jan. 6 Capitol attack.
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The Columbus, Ohio-based regional bank announced plans to acquire Dallas-based Veritex Financial in July. On Monday, a Huntington executive called the deal a "springboard" for additional organic growth.
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Bank clients of Jack Henry's digital platform provider Banno can offer stock rewards programs directly to their customers via a partnership with Bits of Stock.
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The Office of the Comptroller of the Currency said in a bulletin to banks that it will consider whether firms engaged in "politicized or unlawful debanking" when considering bank's licensing applications and Community Reinvestment Act reviews.
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Predators often target boys ages 14 to 17, demanding money or using deepfakes to extort them.
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White House National Economic Council NEC Director Kevin Hassett endorsed insulating the Fed from political pressure but echoed Trump allies' calls for reevaluating its mission.
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Some customers reportedly complained about getting locked out of their accounts after signing up for the bank's new Strata Elite credit card. "We feel like we have done the right thing for all of our good customers," Pam Habner, Citi's head of U.S. branded cards, said Tuesday.
The American Bankers Association's assessment of the Biden administration's fair lending enforcement efforts makes questionable claims about a practice that remains a major problem in some U.S. communities.
The 23rd annual ranking of women leaders in the banking industry.
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