LOWELL, Mass. - (10/20/05) -- A 31-year-old drug addict wasarrested Tuesday and charged with threatening tellers with ahypodermic needle in an attempt to rob Northern MassachusettsTelephone Workers' CU last Friday. Police recovered a hypodermicneedle and about $2,000 believed stolen from a Bank of Americabranch by the suspect, identified as Richard Olender. Police saidOlender is a heroin addict who was apparently seeking money fordrugs.
The digital banking fintech expects to reach profitability this year as it recovers from a post-2021 valuation drop with three consecutive years of growth.
National Capital Bank, founded in 1889, and Old Dominion National Bank, founded in 2007, are combining with plans to take the merged entity public.
Early Warning Services' peer-to-peer payment platform Zelle is launching its own stablecoin, ZLUSD, which will allow it to open its network to remittances abroad. India will be the first country.
As competition for diners' spending heats up, the card company agreed to pay $700 million for the European reservation and management platform.
A letter released publicly from the Government Accountability Office on Monday underscored previously raised concerns about the Federal Deposit Insurance Corp.'s lack of "rotation" requirements for case managers on bank supervisory teams.
Analysts say Payoneer is an attractive addition in a market where fast-moving developments in international payments, AI and digital assets are pressuring payment companies to scale quickly.
