OMAHA, Neb. - (08/19/05) -- Five suspects were arrested in theAugust 3 would-be armed robbery at Utilities CU, which was foiledonly because the credit union doesn't have any cash drawers. Duringthe robbery attempt, four of the suspects brandishing handgunsentered the credit union and demanded money. They left, though,when the tellers could not retrieve the cash. That's because thecredit union uses a De La Rue cash-dispensing machine which membersneed an account number to access. The machine handles alltransactions and handles all the cash going in and out. A fifthsuspect was waiting in a getaway car out side the creditunion.
-
Lendistry, one of the nation's fastest-growing SBA 7(a) lenders, is getting a $25 million infusion from TD's community development arm.
7h ago -
The fintech, which powers debt collections for banks and credit unions, received a "strategic investment" from Vista Equity Partners to expand into agentic AI.
7h ago -
Bankers face a "critical limitation" due to the vast number of oversight agencies and institutions, like social media companies and telecom institutions, that a fraudster might touch on their way to scam a consumer.
8h ago -
The payments company has used an acquisition of digital asset firm Bridge to gain ground, reminiscent of how fintechs have honed in on banks' payment turf for years.
9h ago -
President Donald Trump asked the Supreme Court to reverse a lower court ruling allowing Federal Reserve Gov. Lisa Cook to remain in office pending the outcome of her lawsuit challenging Trump's move to fire her late last month.
9h ago -
The Toronto-based bank named Rahul Nalgirkar as incoming finance chief. Nalgirkar, who joined BMO in 2022 from Fifth Third, will succeed the retiring Tayfun Tuzun, who came to BMO in 2020 after working at Fifth Third.
10h ago