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The Oakland bank has raised $25 million through a private placement of common stock.
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Financial institutions are hoping to get ahead of the growing and seemingly insurmountable problem of payment card fraud not just by looking at who cyber-attackers are going after currently but who they are likely to defraud in the near future.
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No outrage over more Wells disclosures; Steve Calk accused of conspiring with Manafort against his own bank; FBI warns banks about threat to ATMs; and more from this week's most-read stories.
August 17 -
As the state phases in tougher requirements from its 2017 regulation, federal agencies continue to show an interest in updating their cyber policies.
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To date, payments companies have feared common biometric methods such as fingerprint or iris scanning are unreliable and susceptible to hacking. However, there’s growing evidence that finger vein ID could prove more palatable.
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The first meeting is structured like a job interview. After that, organizers should expect plenty of questions about money, management and markets.
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Louisiana is using the bond market to stick up for the Second Amendment.
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Matthew J. Biliouris has spent 26 years at the National Credit Union Administration, including serving as acting director and deputy director of the Office of Consumer Financial Protection.
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The Michigan company had been operating under the supervisory agreement since 2010.
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The bank is working with SpringFour and Genivity, two graduates of its mentorship program, and plans more such partnerships.
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