INDEPENDECE, Mo. - (07/15/05) -- Two women were arrested here Tuesdayafter they allegedly kidnapped an 80-year-old member of UnitedConsumers CU on Monday, then forced him to take out a $5,000cashiers check. The two suspects, identified as Tammy Blake, 40,and Casundra McGill, 37, were each charged with first-degreerobbery, first-degree burglar, kidnapping and two counts of armedcriminal action. The two followed the man home Monday, where theyblindfolded him and tied him up. Later they took him to his creditunion and forced him to ask for a $5,000 cashiers check, policesaid. The women then drove the man around town to cash the checkthen released him unharmed. The suspects were traced by thedescription of their vehicle.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
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A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
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Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
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