ASHLAND, Ohio - (12/22/04) -- A local man was sentenced to sixyears in jail for his role in armed robberies at Empire AffiliatesCU and a local gas station convenience store last year. JosephSzittai, 33, pleaded guilty to four charges in each case butreceived a reduced sentence for agreeing to cooperate in theinvestigation against an accomplice. Szittai, who claimed hiscrimes were the result of abuse of steroids and cocaine, stole$23,000 from the credit union.
These are the executives, regulators, investors, disruptors and firebrands who will have the biggest impact on bankers in the coming year.
A new report from the Basel, Switzerland-based Financial Stability Board found that nonbank financial institutions grew considerably faster than banks in 2024 and now control more than half of the world's financial assets.
GBank will serve as the bank partner for a cashless slot machine betting app that is looking to expand nationwide after getting a key regulatory approval in Nevada.
The payments company submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corp. to create PayPal Bank. If approved, Mara McNeill, the former president and CEO of Toyota Financial Savings Bank, will serve as PayPal Bank's president.
The small Missouri community bank partnered with embedded banking provider Treasury Prime to connect with fintechs and signed on its first sponsoree earlier this year.
New data shows a 21% jump in fraud attempts during Thanksgiving week, with automated bots and credential stuffing leading the charge.
