WESTBOROUGH, Mass. - (11/21/05) -- A drug-addled suspect was arrestedlast week and charged with robbing a Digital FCU member at thecredit union ATM by threatening her with a hypodermic needle heclaimed was infected with the AIDs virus. Police said MathewBraley, 21, robbed the credit union member of an estimated $160 tohelp him support a heroin habit. Braley was captured after he fledthe credit union parking lot, unsuccessfully tried to carjack apassing motorist, then hailed a cab. Braley first triedunsuccessfully to cash a stolen check at the credit union, thenwalked outside and accosted the member, who had just made a depositat the ATM, according to police. The member was forced atneedle-point to her car and forced to give him the cash, but notbefore she was able to kick him several times.
-
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





