MEDINA, Ohio - (06/08/060 Two violent suspects, believedto be responsible for a March series of robberies in which storeemployees were pistol-whipped and duct-taped, confessed to theirroles in a failed heist at GenFed CU in Akron, which was the end ofthe road for them. The suspects, Bryon Turner, of Marietta, Ga.,and Carlos Washington, of Akron, were part of a seven-man ringaccused of 10 robberies, mostly video game stores, before they werecaptured as they were preparing to rob the credit union.Thats when one of the employees saw a ring member casing thecredit union and called police, who pulled over the suspectscar and found handguns and a collection of robbery tools. Turnerand Washington were sentenced to three-year prison sentences fortheir roles and agreed to testify against their accomplices. Fiveother suspects in the ring have also been charged.
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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










