HONOLULU - (07/03/06) A bandit who covers hisfeatures with a variety of wigs and uniforms is believed to havestruck twice more Friday, including once at Hickam FCU, the thirdtime the masked bandit has robbed a Hickam branch. The bandit, whois also believed to be responsible for last weeks hold-up atHawaii State FCU, is up to 10 armed robberies, according to police.The suspect entered the Hickam branch at Pearlride Mall at about 5pm Friday wearing a black wig and sunglasses, then handed theteller a demand note while holding a gun on her. Then he walkedthrough the mall and escaped, police said. Three hours earlier arobber wearing bandages on his head and a camouflage suit, walkedinto the Central Pacific Bank and passed the teller a similar note.The master of disguises usually wears wigs and fake beards and hasused a stun-gun, a Tazer and pocket knives in some of hisheists.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
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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.
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A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
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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.
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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.
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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.
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