COSTA MESA, Calif. - (12/05/05) -- An armed robber suspected in as manyas 25 area hold-ups--including last week's as California Coast CU--was arrested Friday morning at a motel here after a police receiveda telephone tip. Amir Hossein Saadat, also known as Mike Saadat,was captured after police surrounded his Vagabond Inn motel roomlate Thursday night and called inside. Also arrested at the scenewas Saadat's father, Hossein Ali Saadat, who was being held onsuspicion of being an accessory to a felony. Saadat was dubbed the'Big Nose' bandit because of his appearance on surveillancevideos.
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These are the executives, regulators, investors, disruptors and firebrands who will have the biggest impact on bankers in the coming year.
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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.
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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.
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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.
December 15 -
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.
December 15 -
New data shows a 21% jump in fraud attempts during Thanksgiving week, with automated bots and credential stuffing leading the charge.
December 15





