A new Android banking trojan is targeting 217 banking and cryptocurrency apps while giving attackers broad control over infected devices. The malware is called Rokarolla and is distributed through malicious websites that disguise it as […]
A Charlotte woman lost thousands of dollars after receiving a call from a scammer masquerading as a representative of her bank. Nicole Gilley says she’s $9,000 poorer after a scammer reached out to her using […]
A bank customer in South Florida has suffered substantial losses after falling for a sophisticated impersonation scam involving fake bank representatives. The victim, Randall Kahn, says he was contacted by individuals posing as Wells Fargo […]
A former New York bank teller has been sentenced to three years in prison for her role in a scheme to steal tens of thousands of dollars from customers. Union County Prosecutor William A. Daniel […]
A Wells Fargo employee abused his inside position to steal hundreds of thousands of dollars from the bank, according to the U.S. Department of Justice. The United States Attorney’s Office for the Northern District of […]
A US bank has suffered a security breach that has placed tens of thousands of Americans’ data at risk. In a notice of security incident shared with the Office of the California Attorney General, Texas […]
Key Takeaways Draper argued banks face greater quantum risks than decentralized blockchain networks. Legacy systems may struggle as computing power challenges modern banking and payment security. Retail bitcoin adoption could intensify competition with government-issued currencies. […]
Key Takeaways MUFG, Mizuho, and SMBC signed an MOU on June 10, 2026, to issue a joint yen stablecoin. The banks target live corporate transactions by March 2027, built on a November 2025 FSA pilot. […]
Key Takeaways SBI Shinsei Bank launches a 3-month crypto rewards pilot on June 10, 2026, targeting deposit customers. Depositors earn vouchers worth 20% of interest, redeemable for BTC, ETH, or XRP via SBI VC Trade. […]
A former bank insider is now banned from working in the banking industry after allegedly obtaining hundreds of thousands of dollars in fraudulent government loans. In an Order of Prohibition, the Federal Reserve says Crystal […]
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