ORLANDO - (11/15/05) -- Identity Theft 911, which has beenmarketing its identity theft prevention and resolution system tocredit unions, unveiled a new system to allow credit union andother financial institutions to immediately notify customers whentheir database has been compromised. The new system, SBR911, wasintroduced Monday at the annual BAI Retail Delivery Conference. TheSBR911 programs will enable financial institutions to assess adatabase breach and manage a response, including regulatory andconsumer notifications, helping to minimize potential losses andliability. It will also help financial institutions to communicateproactively with their customers to defuse public concerns.Introduction of the new warning system comes as Congress isproposing to require all financial institutions to notify customersof data breaches.
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A regulatory filing Wednesday sheds more light on how the megamerger came together. It also details the compensation arrangements for Comerica CEO Curtis Farmer, who will become Fifth Third's vice chair.
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The credit union fintech and core provider partnered to launch three new agentic AI-powered tools for credit unions that work with existing systems.
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As Standard Chartered boss Bill Winters says cash will soon fully give way to digital currency, Western Union, Worldline, Coinbase and Ripple entered separate collaborations to bring digital assets to wider audiences. That and more in the American Banker global payments and fintech roundup.
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At its first investor day in a decade and a half, the nation's second-largest bank pegged its guidance for return on tangible common equity at a slightly higher level than what it reported last quarter. Not all investors were impressed.
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Voters across the country swung hard to the left in yesterday's off-cycle elections, showing an acute interest on affordability issues ahead of the 2026 midterms.
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Despite record loan applications, Upstart's AI pulled back, causing a revenue miss and raising "incremental uncertainty" about its core underwriting model.
November 5





