TALLAHASSEE, Fla. - (09/26/05) Five Hurricane Katrina evacueesfrom Mississippi was charged Friday with stealing $10,000 in extrarelief funds from a local chapter of the American Red Cross. Thefive, all relatives, were charged with either stealing or forgingRed Cross voucher forms, then cashing them at Envision FCU and theCU Service Center. The money was allegedly used to buy clothes,beer, cigarettes and a used Pontiac Montana minivan. The Red Crosssaid five of the vouchers had been stolen and another five wereforged. For example, one was made out for $305 and changed to$1,305.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
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.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
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.
July 3 -
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.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3