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From Russia, With Malware: US Charges Hackers In $100M Bank Fraud

PYMNTS

The duo allegedly — and with the help of more than a dozen others — worked to deploy malware known as Dridex (aka Cridex and Bugat) and for committing wire and bank fraud. They are connected with a Russian hacking group known as Evil Corp., which has been known to release malware.

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From Russia, with Malware: US Charges Hacking Group Evil Corp. In $100M Bank Fraud

PYMNTS

The duo allegedly — and with the help of more than a dozen others — worked to deploy malware known as Dridex (aka Cridex and Bugat) and for committing wire and bank fraud. They are connected with a Russian hacking group known as Evil Corp., which has been known to release malware.

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Wells Fargo CEO Bullish On The Future

PYMNTS

While Sloan is upbeat about Wells Fargo’s prospects, some lawmakers are not giving up on getting the board and its leadership ousted as more scandals pile up. In September, U.S. Senator Elizabeth Warren called again on the Federal Reserve to hold the board accountable.

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Senator Warren To Wells CEO: Resign

PYMNTS

Being publically called “gutless” — before being told that you should be fired and forced to return your last couple of years of salary — was just the warm up act from a certain Senator from Massachusetts that got the Wells Fargo party started yesterday. asked the Senator from the State of Massachusetts. This is gutless leadership.”.

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Fizzle Of The Week: The Activist CFPB

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And, under his leadership, the new CFPB seems bent on doing things very differently than it has in the past. But critics, notably Massachusetts Senator and CFPB architect Elizabeth Warren, have accused Mulvaney of shuttering the CFPB in all but name only, and doing so by defanging its ability to actually protect consumers.

Lending 101
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The 2023 GonzoBanker Awards

Gonzobanker

Under Stuart’s leadership over the past 17 years, OnPoint has gone from under $2 billion in assets to knocking on the door of $10 billion, all while becoming the most recognized financial brand in the Portland market and achieving some of the industry’s best profitability in 2023. Oh, and along the way, OnPoint will provide an amazing $2.5

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2019: What To Take Forward And What To Leave Behind

PYMNTS

It’s almost as bad as saying it’s the “Year of The Sloth” – since, let’s face it, pigs are not typically prized for their wisdom, energy, vision or leadership qualities across the animal kingdom. Chinese tradition, however, takes a different view. Now it’s a reliable 10- to 15-minute trip.

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