SEATTLE - (03/25/05) -- A Kent man believed to be the'Pillowcase Robber,' was found guilty this week of robbing 10 areacredit unions and banks and check cashers. Ivy Bird Gaines, 40, wasbelieved responsible for as many as 20 area robberies since June2002, including the August 4, 2003 heist at Washington Employees CUand the August 7, 2003 hold-up at Alaska USA FCU. Authoritiesdubbed him the Pillowcase Robber because he often handed tellers apillowcase and ordered them to fill it with cash. Gaines wasarrested after a hold-up at KeyBank when police found a pillowcasewith $15,000 stuffed in it in his car. At his trial, Gaines claimedhe lent his car to a man named 'Fat Joe,' who he claimed committedthe robberies.
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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










