Android users are increasingly being targeted by malware that steals their payment card details through tap-to-pay technology. U.S. law enforcement is already making arrests and issuing warnings to banks about Android malware that steals data […]
A man from Shasta County, California has admitted to orchestrating a financial scam using stolen identities and fake documents. The U.S. Attorney’s Office, Eastern District of California says James Raymond Hanes obtained the personally identifiable […]
Clients at a billion-dollar lender may have had their personal information exposed after a cybersecurity incident. River Bank & Trust says in a new filing with the U.S. Securities and Exchange Commission (SEC) that a […]
Key Takeaways Crédit Agricole, the world’s 10th largest bank, issued EURXT on Ethereum, backed 1:1 by euro reserves. CACEIS settled Amundi’s Luxembourg money market fund subscription in EURXT, a European first. Crédit Agricole targets 8.5 […]
A New Jersey man is heading to federal prison for his role in a multi-million-dollar bank fraud conspiracy. Rajendra G. Parikh has been sentenced to two years in prison, convicted of fraudulently obtaining more than […]
A former Bank CEO is accused of violating the lender’s policies and causing millions of dollars in losses. The Federal Reserve says former Bank of Eufaula CEO Thomas Engelbrecht triggered over $3.5 million in losses […]
An Illinois resident has lost $5,000 after a spoof call led her to send money via Zelle under the guise of securing her bank account. Susie Allgood says she received a call from someone claiming […]
Key Takeaways BNY added USDC mint and burn to its custody platform on June 29, 2026, in a deal with Circle. BNY oversees $59.3 trillion in assets, giving the new USDC services immediate institutional scale. […]
A former Bank of America insider is accused of stealing tens of thousands of dollars from two elderly customers while working at a branch in Nashville, Tennessee. Karl Stephen Richardson was arrested earlier this week […]
A jury has found a former Wells Fargo employee in Mesa, Arizona guilty of embezzling $655,000 from the bank. The U.S. Department of Justice says Brooke McDonough, formerly known as Brooke Taylor, has been sentenced […]
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