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Payroll Fraud Could Cost KeyCorp $90M

PYMNTS

Regional banking firm KeyCorp disclosed a massive instance of fraud on Tuesday (July 16) that could potentially cost $90 million, according to a report by CNBC. The customer involved in the fraud is Interlogic Outsourcing, which processes payrolls and is based in Elkhart, Indiana. Shares fell on the news. Shares in KeyCorp fell 1.8

Fraud 142
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Data Dive, Breaches And Security Blips Edition: Key Bank, Microsoft And Bulgaria 

PYMNTS

Unfortunately, also adding heat this week was the world of fraudsters and hackers – with a few pretty sizable security blips and glitches. Regional banking force KeyCorp disclosed a massive fraud that could potentially cost as much as $90 million – according to reporting out of CNBC last week. Starting with.

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June’s Top 12 Mobile Pay Moments

PYMNTS

And what better way to mark that milestone than with a monthly recap of the Top 12 news items in one major market in the payments ecosystem: mobile payments. Samsung Pay is the first mobile payment service of its kind to be launched in Spain, giving it a head start in the market over Apple Pay and Android Pay. Apple Pay — 20 Months In.

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Top 5 Total Return to Shareholders: #5 - German American Bancorp

Jeff For Banks

But he held firm that the regulatory environment, changing customer preferences, and the pace and expense of technology were driving the market towards bigger is better. Neither supported this regional president''s opinion. Nasdaq: GABC) of Jasper, Indiana German American is a 100-year old, $1.8 They had to grow to survive.

Indiana 71
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Top 5 Total Return to Shareholders: #4 Bank of the Ozarks

Jeff For Banks

But he held firm that the regulatory environment, changing customer preferences, and the pace and expense of technology were driving the market towards bigger is better. Neither supported this regional president''s opinion. Last post was dedicated to the #5 Bank, German American Bancorp of Jasper, Indiana (see post here ).

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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

A lawsuit filed by the Securities and Exchange Commission followed, with Holmes agreeing in a settlement to return millions of shares, pay a $500,000 fine, and refrain from being an officer or director of a public company for 10 years. That July, it banned Holmes from owning or operating a lab for two years. Total funding : $161M. in revenue.

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