ATLANTA - (04/14/05) -- A local woman was charged this weekwith using another woman's Social Security number to open amembership at Delta Air Lines Employees CU in 1998, then use themembership to wrack up $27,800 in four loans that she laterdefaulted on. Alexis Juliano, 42, of Woodstock, Ga., was chargedwith nine counts of identity theft. Juliano allegedly used thefalse identity to obtain five credit cards in the victim'sname.
The digital bank launched Big Business Banking, an interface for businesses to manage fiat and crypto assets in the same place and conduct 24/7 transactions.
Banks have a lot to celebrate in the operational risk framework, but advocates warn it cuts capital too far.
The largest banks in the country each warn employees against using confidential information for trading activities, but they don't specifically enumerate prediction markets or events contracts. Now, oversight of insider trading on such platforms is gaining traction.
Recent double-pledging scandals in auto lending and the U.K. put U.S. mortgage lenders on alert. Here's what to watch and how MERS, e-notes and electronic vaults can help.
As the CFPB reconsiders its open banking rule, banks and fintechs are locked in a bitter battle over who will pay for the new digital infrastructure.
Hope Bancorp's acquisition of a business that serves Japanese companies should complement its historic focus on Korean business owners.
