A former bank employee will spend the next six years behind bars after draining hundreds of thousands of dollars from customer accounts. Ex-First National Bank of Commerce employee and Pocahontas, Arkansas resident Heather Pankey pleaded […]
A Pennsylvania-based bank is disclosing a data breach that was caused by artificial intelligence (AI) software. According to a filing with the U.S. Securities and Exchange Commission (SEC), Community Bank experienced a data breach earlier […]
Wells Fargo will pay more than $100 million dollars to settle a lawsuit over the bank’s hiring and lending practices. The United States District Court in the Northern District of California says Wells Fargo has […]
Krispy Kreme has agreed to shell out more than a million dollars to compensate those affected by a data breach. According to the settlement administrator’s portal, the doughnut and coffeehouse chain will pay $1.6 million […]
A JPMorgan Chase customer has been swindled out of over $35,000 by scammers posing as the bank’s anti-fraud officials and the FBI. Illinois resident Jennifer Lichthardt says she feels violated after criminals used a spoofing […]
A top US bank is preparing to handout up to $25,000 per victim of two data breaches to settle a class-action lawsuit. Flagstar Bank, N.A., has agreed to a proposed $31.5 million settlement to compensate […]
A billion-dollar US bank is preparing to shell out $1 million to settle a class-action lawsuit over certain fees charged to customers. Equity Bank has agreed to settle the lawsuit that alleges the financial institution […]
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