Anti-Cash Campaigns Need to Stop, Trade Association Says

The world is waging a war on cash, according to a position paper released today by the ATM Industry Association.  “For decades, anti-cash campaigns, largely led by dominant card brands, have been waged in the mass media with the objective of discrediting...

UPDATE: Wells Fargo Data Breach Was Blunder by Lawyer

A massive Wells Fargo customer data breach was not the work of a hacker, but of the bank’s own lawyer who failed to review the bank’s entire set of discovery documents, including information about the bank’s wealthy customers, before it was...

Former Washington CEO Faces Theft & Arson Charges

A former president/CEO of a Washington credit union who allegedly stole more than $350,000 and burned bank documents during an NCUA examination will be arraigned in a county court on July 31 for theft and arson, according to police and prosecutors. Krista Stephanie...

House Democrats Accuse Republicans of Harassing CFPB

Republicans on the House Financial Services Committee are harassing the CFPB in an effort to undermine the agency’s work, committee Democrats charge in a new staff report. “Republicans in Congress have been clamoring to weaken and ultimately destroy the...