BATH, Me. - (10/11/05) -- Five County CU reported last weekthat non-members were targeted for an email phishing scam thatpurported to be official credit union correspondence. The siteappeared to bring the user to homebanking site at Synergent, theMaine CU League's online banking service provider, but was actuallytaking the user to a server collecting information in Seoul, SouthKorea. The members were asked to visit the website, log in to theiraccount and fill in required personal information, including PINnumbers, debit/credit card numbers, account numbers and SocialSecurity numbers.
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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