Five County CU reported last week that non-members were targeted for an e-mail phishing scam that purported to be official credit union correspondence. The site appeared to bring the user to homebanking site at Synergent, the Maine CU League's online banking service provider, but was actually taking the user to a server collecting information in Seoul, South Korea. The members were asked to visit the website, log in to their account and fill in required personal information, including PIN numbers, debit/credit card numbers, account numbers and Social Security numbers.
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Jack Dorsey's payments company also laid off employees early in 2025 and 2024 following a self-imposed employee cap of 12,000 in November 2023.
1h ago -
Kohler Credit Union, Think Bank and Communication Federal Credit Union gave their onboarding and direct deposit tech an upgrade through fintech partnerships.
7h ago -
To address a budget deficit, the state of Washington has begun taxing credit unions that buy banks. Critics say there's just one problem: The tax will deter any such acquisitions from happening.
7h ago -
Some distressed companies that tapped the Federal Reserve's Main Street Lending Program say they've been crushed by the agency's hard-line stance on modifications.
8h ago -
Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.
February 6 -
Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.
February 6





