SALT LAKE CITY - (10/06/05) -- The son of a state judge pleadedguilty Tuesday to bank fraud and identity theft in the theft of asmuch as $50,000 from America First FCU. Mathew Rodney Page, 40, ofKaysville, faces a minimum sentence of two years in jail on thecounts. Page admitted to using the Social Security number and birthdate of Mathew L. Page, 40, of Salt Lake City, to get loans andopen credit card accounts at the credit union. The two men are notrelated. Page is the son of 2nd District Court Judge Rodney S.Page.
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Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
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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.
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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.
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Like the Olympics, the event is used to push and measure engagement and appetite for emerging checkout options.
June 18 -
The Treasury's Financial Crimes Enforcement Network and federal banking and credit union agencies limited issuers' know-your-customer obligations to direct-to-consumer services, preliminarily rejecting a "global" customer due diligence requirement they say is unfeasible.
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