WATERBURY, Vt. – State officials reported yesterday that a database containing Social Security numbers and account information for 70,000 people–most of them members of New England FCU–was hacked, exposing the individuals to potential fraud on their credit cards or accounts. The state’s largest credit union provided information for 58,800 of its members to Vermont’s Department of Human Services for the purpose of helping collect child support debt. The breach comes a few weeks after national retailer TX Maxx disclosed that its database had been hacked into and exposed hundreds of thousands of cards accounts at dozens of credit unions and banks to potential fraud. It also the thrid time in a month that Vermont officials have conceded a breach in their data security at a state agency. Officials of the $500 million Williston-based credit union said they will do everything they can to protect the affected accounts.
-
The Las Vegas bank's deal for Arc Technologies comes three months after Capital One paid $5 billion for AI-native payments firm Brex.
8h ago -
With Robinhood Chain now live, the company is pushing into tokenized equities, stablecoin lending and international markets.
9h ago -
Industry experts say regional banks have roughly a two-year window in which to merge, before they risk the clock expiring on the Trump administration's M&A-friendly policies.
9h ago -
The order covers the European units of JPMorganChase, Goldman, Citi and Morgan Stanley, and previews what U.S. regulators may eventually demand.
10h ago -
The proposal calls for banks to make their compliance programs "risk-based" and pledges to emphasize "systemic" flaws with anti-money laundering programs rather than "isolated" shortcomings.
10h ago -
As JPMorganChase, Wells Fargo and others chase a potential $15 billion deal to buy Fiserv's Star network, experts say the growth of AI-powered transactions and competition among bank technology firms will make debit routing a hot commodity, portending more M&A and placing pressure on traditional card networks.
11h ago










