The FBI raided a house here two weeks ago and arrested two more Romania immigrants in connection with an international credit/debit card skimming scheme. Six other Romanian nationals were also arrested in New York and New Jersey in connection with the ring and were being transported to Las Vegas to answer charges, according to the U.S. Attorney's office. The Romanian gang apparently used skimmers attached to the point-of-sale to steal card information and PINs, then manufactured as many as 600 counterfeit cards each day to withdraw cash or make purchases, according to the FBI. The ring used the phony cards to withdraw cash at casinos in Las Vegas and Atlantic City and in northern California, according to a criminal complaint obtained by The Credit Union Journal.
-
Capital One Financial executives on Tuesday provided updates on the company's integration of its recent acquisitions of Discover Financial Services and payments-focused fintech Brex.
5h ago -
A Deloitte analysis shows that alternative allocations — to private equity, private credit and other vehicles — in DC plans could grow quickly.
7h ago -
Until this quarter, car-loan delinquencies for the Detroit-based bank had been steadily dropping. But in the spring of 2026, that momentum showed signs of slowing.
8h ago -
House Republicans floated discussion legislative drafts aimed, in part, at strengthening the Federal Home Loan Banks' role providing liquidity to the financial system.
8h ago -
For some banks, surging loan growth isn't all a bed of roses, as funding the increased volume often results in a certain amount of net-interest-margin dilution.
8h ago -
The class action is an early test of whether credit unions can hold their vendors liable for the cybersecurity they promise.
9h ago










