MODESTO, Calif. - (11/04/04) -- An unidentified woman slugged anassailant in the face who tried to rob her after making a cashwithdrawal at The Golden 1 CU ATM here Tuesday. The woman has justwithdrawn cash form her credit union account when three men pulledup in a car. When one stepped out and demanded money, the memberfirst said 'no,' according to police. When the assailant repeatedhis demand and said he had a gun, she punched him in the face andhe ran off.
Jack Dorsey's payments company also laid off employees early in 2025 and 2024 following a self-imposed employee cap of 12,000 in November 2023.
Kohler Credit Union, Think Bank and Communication Federal Credit Union gave their onboarding and direct deposit tech an upgrade through fintech partnerships.
To address a budget deficit, the state of Washington has begun taxing credit unions that buy banks. Critics say there's just one problem: The tax will deter any such acquisitions from happening.
Some distressed companies that tapped the Federal Reserve's Main Street Lending Program say they've been crushed by the agency's hard-line stance on modifications.
Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.
Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.
