ATLANTA - (11/21/05) -- S1 Corp. said Friday it has agreedto sell its once high-flying Edify unit to Intervoice Inc., ofDallas, for $33.5 million in cash. Edify, a provider of voiceresponse systems which once had a large credit union clientele, hasfallen on difficult times in recent years, prompting S1 to searchfor a buyer for at least the last two years. The deal willstrengthen Intervoice's position in the voice automationmarket.
Alan Childs pleaded guilty to using straw borrowers and falsified loan records to help a timber businessman secure millions in fraudulent loans.
Former employees at First Horizon Bank and M&T Bank committed crimes by misappropriating customer data and stealing money from a customer's bank account.
Andrew Foster, the bank's chief data officer, explained how he has been instilling data discipline across the organization and making the bank's data AI-ready.
The Office of the Comptroller of the Currency will announce Senior staffers overseeing large, regional and community banks early next month, apparently reversing the unified approach to supervision it implemented earlier in the year.
Acting CFPB Director Russ Vought has managed to neuter the Consumer Financial Protection Bureau through a series of actions. Senate Banking Committee Chairman Tim Scott, R-S.C., played a major role by cutting funding in half.
Federal Reserve Chair Jerome Powell said there was a "high degree of unity" among committee members during this week's Federal Open Market Committee vote. Out of 12 FOMC members, 11 voted for a 25 basis point cut.
