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Ex eBay Execs Admit To Cyberstalking Plot

PYMNTS

Four former eBay employees have agreed to plead guilty next month in federal District Court in Boston, U.S. Attorney Andrew Lelling tweeted Wednesday (Sept. The alleged harassment included sending anonymous, threatening messages, disturbing deliveries, including a box of cockroaches, a funeral wreath and a bloody pig mask.

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What banks can learn from Wal-Mart

Chris Skinner

It’s a benchmark article showing how an incumbent giant finds it hard to adapt. Can Wal-Mart’s Expensive New E-Commerce Operation Compete With Amazon? were put in charge of Wal-Mart’s entire domestic e-commerce operation, overseeing more than 15,000 employees in Silicon Valley, Boston, Omaha, and its home office in Arkansas.

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Former eBay Employees Charged In Cyberstalking

PYMNTS

Attorney Andrew Lelling in Boston. Federal investigators alleged after the newsletter published an article about litigation involving eBay last summer, two members of eBay’s executive leadership sent text messages suggesting that it was time to “take down” the newsletter’s editor, according to the release.

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Madoff Whistleblower Has GE On The Defense

PYMNTS

Boston-based General Electric (GE) is defending itself against accounting fraud alleged by the same whistleblower who called out Bernard Madoff’s Ponzi scheme, Reuters reported on Monday (Aug. GE’s reported operating margins for the past three years are a negative 6 percent, lower than the historical average.

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Model Bank 2017: Some First Impressions

Celent Banking

Operations and Risk. As for what you can expect between now and April 4 in Boston, look for a series of articles from the Celent analyst team highlighting some of the many insights that we’ve gleaned along the way. Customer Experience. Legacy Transformation / IT Platform Innovations. Emerging Innovation.

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How can bank boards respond to increased regulatory scrutiny?

Abrigo

A recent Wall Street Journal article by Victoria McGrane and Jon Hilsenrath highlighted how the nation’s regulators are increasingly questioning and turning their focus toward bank boards. Lynn McKenzie and Edmund Green of KMPG recently contributed an article to Bank Director on how boards can challenge their banks’ management on risk.

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Fed moves up FedNow launch date

CFPB Monitor

The Fed is also working to integrate FedNow with the RTP Network offered by The Clearinghouse so that the two systems can effectively operate alongside one another. Before its launch, FedNow will also need to devise a pricing structure, which will need to ensure that the service can recover the network’s development costs.