LEXINGTON, Ky. - (06/01/05) -- At least five more credit unionshave suffered phishing attacks, three of them university-related.At least 20 members are known to have fallen for the online scam inwhich the University of Kentucky FCU was targeted in e-mails sentto its members. UK FCU said it had been contacted by the 20 memberswho said they had given information to the scammers in response tothe e-mails, which were sent to teachers, administrators andstudents of the university. Those accounts have been blocked. Thecredit union said it was informed by the U.S. Secret Service thatthe e-mails had been traced to an Internet service provider inKorea, where an unidentified Korean company is thought to haveforwarded the e-mails for a customer in a third country. The onlydifference between the UK FCU site and the scam site: there was no"s" on "http" at the beginning to indicate that the site wassecure. Also reporting attacks were University of Louisiana FCU,UNO FCU, New Orleans, and Members 1st FCU, Mechanicsburg,Pa.
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Governor Gavin Newsom announced the swearing in of Rohit Chopra as secretary of the California Business and Consumer Services Agency, Amalgamated Bank of Chicago promoted Cherie Duve to executive vice president and chief legal officer, Ramon M. Rodriguez joins USCB Financial Holdings and U.S. Century Bank as an independent director, and more in this week's banking news roundup.
July 3 -
The Open Standard consortium understands what makes a stablecoin valuable isn't how digital it is, but how ubiquitous it is
July 3 -
Low daily, weekly and monthly Zelle limits can cause users to switch to other payment networks, raising the ante for banks to find solutions.
July 3 -
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Sen. Elizabeth Warren, D-Mass., is asking President Trump's son Eric if he plans to refile a lawsuit against Capital One Financial for allegedly "debanking" hundreds of Trump Organization accounts. The letter follows President Trump's nomination of a Capital One executive to lead the Consumer Financial Protection Bureau.
July 2 -
The fintech sponsor bank plans to offer digital asset services.
July 2










