SALT LAKE CITY - (04/13/06) -- The state attorney general's officeunveiled a new identity theft reporting system that will expeditereporting by victims and give law enforcement a central database.Victims of identity theft can access the system atidtheft.utah.gov, which shows them how to file a complaint thatwill be sent to the proper agencies. Identity theft victims spendan average of 600 hours and $1,400 to resolve and recover from thecrime, recent studies show. The new database was developed througha task force comprised of law enforcement, legislative, banking,credit union and credit company representatives.
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BayFirst Financial, which has reported problems with SBA loans, expects to reach an agreement with its regulators in connection with credit administration and other issues.
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A report from J.D. Power indicates that the neobank Chime gained the highest percentage of newly opened checking accounts in the third quarter of 2025.
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The court upheld the Federal Reserve Board's right to block Custodia from direct access to its payment systems. The bank is considering asking for a rehearing.
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The Tacoma, Washington-based bank, which has completed two mergers since 2023, said Thursday that it will buy back up to $700 million of its own shares over the next year.
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New York State's former top regulator Adrienne A. Harris has rejoined Sullivan & Cromwell as of counsel and senior policy advisor; Founders Bank appointed Karen Grau to its board of directors; Deutsche Bank's DWS Group is opening an office in Abu Dhabi; and more in this week's banking news roundup.
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Earned wage access provider EarnIn, which historically has been known for direct-to-consumer EWA, is now integrating its services with payroll providers. The move comes as consumer advocate groups step up efforts for stricter regulation of the industry.
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