bank

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    Columbus, OH notifies 500K residents of data breach that compromised SSNs, bank account info

    The city of Columbus, Ohio over the weekend confirmed it notified 500,000 residents of a July 2024 data breach that compromised the following personal info: Names Social Security numbers Bank account info Dates of birth Addresses “Other identifying info concerning you and/or your interaction with the City” Ransomware gang Rhysida claimed responsibility for the attack shortly after it occurred, saying…

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    Why You Should Join a Credit Union Instead of a Bank

    When you think about money—saving it, paying bills with it, earning interest on it—you probably think of a bank. Or possibly Scrooge McDuck swimming in a pool filled with gold coins—but probably a bank. The average person in this country has more than five bank accounts, after all, despite the fact that banks aren’t always the best or friendliest places…

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    Is Novo a Trusted Bank?

    Novo Novo is a fintech company; not a bank. Deposit account services provided by Middlesex Federal Savings, F.A., Member FDIC. Physical debit cards issued by Middlesex Federal Savings or Patriot Bank, N.A., Member FDIC; virtual cards issued by Patriot Bank, pursuant to licenses from Mastercard® International Incorporated. is a financial technology company that offers business checking services for small business…

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    Three Services People Don’t Know They Can Get From Their Bank for Free

    Banks aren’t just a necessary place to stash your cash, they serve a deep community purpose. They offer financing for businesses and major purchases, like a car or a house, as well as a long list of other financial services. Many of those services cost money in the form of fees—but most banks offer at least a few free services…

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    Found Business Banking Review (2024): Is it a Trustworthy Bank?

    Found Business Banking provides an accessible and easy-to-use platform designed specifically for freelancers and small business owners who want to keep their banking, accounting, and tax resources in one place. But is it the right fit for your business? Let’s find out. Source link

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  • Blog

    European bank aims to keep startups local

    Can extra funds keep startups and scaleups in Europe? The European Investment Bank (EIB) hopes so. The EIB – which is the European Union’s funding agency and is controlled by EU members – has asked European finance ministers for help closing the funding gap between the US and EU by supporting venture capital and private equity markets, in the hopes…

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  • Blog

    Comcast and Truist Bank customers caught up in FBCS data breach

    Comcast Cable Communications and Truist Bank have disclosed they were impacted by a data breach at FBCS, and are now informing their respective customers that their data has been compromised. The case concerns a data breach at Financial Business and Consumer Solutions (FBCS), a debt collection agency in the U.S. that partners with various companies to collect unpaid debts on…

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    A Bank of America outage showed customers blanked-out account balances

    First, it was Spotify, then Verizon, then PlayStation, and now it’s apparently Bank of America’s turn to have an outage this week. Some customers reported problems accessing their bank accounts on Wednesday, with the balances showing $0 or “—-” instead of what should be there. “Some mobile and online banking clients experienced an issue accessing their accounts and balance information…

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  • Blog

    Patelco CU notifies 726K people of data breach that compromised SSNs, disrupted bank services

    Patelco Credit Union last week confirmed it notified 726,000 people of a May 2024 data breach that compromised names, Social Security numbers, driver’s license numbers, dates of birth, and email addresses. Ransoware group RansomHub claimed responsibility for the attack that disrupted Patelco’s online banking and appointment scheduling systems. The notice sent to victims states, “The investigation revealed that an unauthorized…

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