SACRAMENTO, Calif. - (02/16/06) Three suspects inWednesdays armed robbery at Sacramento CU led police on ahigh-speed chase on Interstate 80 before one of their wheels felloff, allowing their capture. The suspects entered the credit unionand demanded money, then fled with an undisclosed amount of cash ina 1989 Oldsmobile. Police encountered the getaway car on I-80, thenpursued the suspects at speeds up to 100 miles and hour.After ashort chase the getaway car lost a wheel on the roadway and came toa stop. All the suspects in the vehicle complied with deputies andwere taken into custody without incident
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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 -
Prosperity Bancshares finalizes the second of three acquisitions it's announced since July; Sumitomo Mitsui Banking Corporation appoints a new chief information security officer for its American operations; Huntington Bancshares, Third Coast Bancshares and Heritage Financial completed acquisitions; and more in this week's banking news roundup.
February 6 -
Fintech and crypto groups said in comment letters to the Federal Reserve that the proposed "skinny" master account is too limited and could keep firms dependent on banks. Banking groups asked for more time to comment.
February 6 -
Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.
February 6 -
While the e-commerce giant has deemphasized the technology, banks and payment firms are testing the biometric option.
February 6





