NEW YORK - (07/07/06) In the latest large-scale databreach, payroll provider Automatic Data Processing said Thursday itwas tricked into disclosing personal data on tens of thousands ofbrokerage customers to someone impersonating corporate officers.ADP, which also handles investor communications for severalbrokerage firms, said it gave the lists to an unauthorized thirdparty who fraudulently requested the data. The information includesnames, addresses and the numbers of shares owned by investors, butdid not include account or Social Security numbers, the companysaid. ADP said it provided the shareholder lists between November200 and February 2006.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3