LYNNWOOD, Wash. - (11/22/04) -- A 60-year-old grandmother of 10helped capture a suspected identity thief last week when she heldthe man long enough for police to catch up to him. Janice Lewis wasentering a local department store when she saw the suspect,handcuffed and in his underwear, running towards her, so shegrabbed the man's jacket and held on till he was tackled by apolice officer. The suspect had been collared in Verity CU tryingto use a member's account that wasn't his, but he ran off after hewas handcuffed, leaving is baggy pants behind as they slid down hisankles. He flipped off his shoes and wriggled out of his pants,then ran off. as he ran towards Lewis, she grabbed him and held onuntil police were able to catch up.
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JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
June 19 -
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
June 19 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Back-office automation fintech BILL Holdings is using JPMorgan Payments white-label digital wallet to subledger its own clients' accounts. Reconciling client payments for BILL's corporate card, the BILL Divvy Card is the company's first use case.
June 18








