ALEXANDRIA, Va. – NCUA said Friday it barred two tellers from the credit union industry for thievery in separate cases. Heather Maier, a former teller at KYANG FCU, was convicted of stealing more than $50,000 from the Louisville, Ky., credit union and served six months in jail. Latrell Brousseau, a former teller at Louisiana Association of Educators FCU, in New Orleans, was also banned from the credit union industry.
These are the executives, regulators, investors, disruptors and firebrands who will have the biggest impact on bankers in the coming year.
A new report from the Basel, Switzerland-based Financial Stability Board found that nonbank financial institutions grew considerably faster than banks in 2024 and now control more than half of the world's financial assets.
GBank will serve as the bank partner for a cashless slot machine betting app that is looking to expand nationwide after getting a key regulatory approval in Nevada.
The payments company submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corp. to create PayPal Bank. If approved, Mara McNeill, the former president and CEO of Toyota Financial Savings Bank, will serve as PayPal Bank's president.
The small Missouri community bank partnered with embedded banking provider Treasury Prime to connect with fintechs and signed on its first sponsoree earlier this year.
New data shows a 21% jump in fraud attempts during Thanksgiving week, with automated bots and credential stuffing leading the charge.
