- MOUNDS VIEW, Minn. (11/24/00) -- Liberty hasintroduced a new thermochromatic safety feature on its checks thatmakes certain words disappear when a person touches or breathes onthem, only to have the words reappear shortly later. The newfeature uses thermochromatic, or temperature-sensitive, ink for thewords "Original Document," which appear on the back of the checks.When a person touches or breathes on the words, they disappear,demonstrating the authenticity of the check. As the security areacools, the words reappear. Liberty said its checks already featureeight other security-related features.
-
Triumph Financial took steps to guard and move scores of cars backing its $23 million loan to Tricolor Holdings after the subprime auto lender filed for bankruptcy last week.
September 19 -
Comerica announced the promotion of Kristina Janssens to be its next chief risk office; Washington Trust hired James "Jim" Brown, an executive from Berkshire Bank, as its chief commercial banking officer; Citizens Financial pledged $20 million to support workforce development programs; and more in this week's banking news roundup.
September 19 -
Between 2021 and 2025, the Japanese bank SMBC has raised its stake in the U.S. investment firm from 4.5% to 20%.
September 19 -
The U.S. Department of Justice declined prosecution after BofA Securities self-reported the violations and fixed major compliance gaps.
September 19 -
PayPal, Google and Mastercard in recent days expanded support for agentic AI commerce. Card issuers will need to respond quickly to compete, payment experts say.
September 19 -
The Treasury Department proposed a rule delaying investment adviser AML requirements to 2028 and sought public comment on implementing regulations for a stablecoin bill passed earlier this summer.
September 19