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Point-of-sale terminal maker VeriFone Holdings Inc. disclosed this week that it laid off approximately 100 employees in December in response to weakened demand for the San Jose, Calif.-based company's products. CEO Douglas G. Bergeron told analysts during a conference call yesterday that in the past year VeriFone has cut its headcount by 500, or 21.5%. As of the end of January, the company had 2,324 employees, a spokesperson says.
The Federal Communications Commission proposed a $4.5 million fine against Voxbeam Telecommunications, which it accused of facilitating fraud scams. Many of the calls spoofed phone numbers belonging to American banks.
New jobs in health care largely drove the gains, while the federal workforce and finance continued to shrink.
The Cincinnati bank's Newline business is now its fastest growing commercial payments segment.
After French authorities stopped a bomb plot against a Bank of America office in Paris, security experts warned banks to step up their preparations for terror attacks.
The largest crypto theft of 2026 hit Drift Protocol after attackers exploited a small security council, putting a spotlight on DeFi vulnerabilities.
The cryptocurrency exchange is the latest digital asset firm to receive a trust bank charter from the Office of the Comptroller of the Currency.
