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Capital One Data Breach Sparks GOP Probe

PYMNTS

House Committee on Oversight and Reform Republicans have started a probe into Capital One and Amazon over a massive data breach that affected millions, according to a report by the Financial Times. . One letter was addressed to Capital One Chief Executive Richard Fairbank. Thompson was arrested and charged on Monday (July 30).

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US Lawmakers Respond To Capital One Data Breach

PYMNTS

The Capital One data breach that affected millions and spawned an investigation by the New York attorney general as well as a class-action lawsuit, has a new set of detractors: U.S. Also on Tuesday, a man affected by the Capital One breach filed a lawsuit against the firm. The Hill is reporting that Sen. Reuters reported.

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Italian Bank UniCredit To Investigate Capital One Data Hack

PYMNTS

One of Italy’s most well-known banks, UniCredit, said that it was going to start its own probe into the Capital One data breach, according to Reuters. . “On On July 30, UniCredit became aware that its name has been mentioned in relation to the Capital One issue,” the bank said in a statement on Wednesday (July 31). Reuters reported.

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Capital One Hack Prompts Lawsuit, NY AG Probe

PYMNTS

The security breach at Capital One that exposed 100 million credit card applications and thousands of bank accounts and Social Security numbers is rapidly seeing repercussions. . Also on Tuesday, a man affected by the Capital One breach filed a lawsuit against the firm. Reuters reported.

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Tonal Seeks More Funding To Produce $3K Home Workout Stations

PYMNTS

Discussions are taking place with Connecticut-based L Catterton, which was a key player in Tonal’s $45 million venture capital funding round in 2019. According to a Bloomberg report , Tonal is in talks with investors for funding that would value the company at $250 million or more.

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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

The tri-state area (New York, New Jersey and Connecticut) saw the highest growth in the district, an impressive 7 percent. The OCC on Oct. This metric surged from 2 percent as of June 30, 2013, to 4.4 percent as measured on June 30 of this year. This is slightly below pre-financial crisis levels, but denotes a sizable step toward recovery.

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Healthcare Tech Company Truepill Raises $75M To Expand

PYMNTS

Connecticut-based healthcare and FinTech investor Oak HC/FT led the funding. Also participating were existing investors Boston-based Optum Ventures, which offers capital and strategic guidance to startups; TI Platform Management LLC., The new service is expected to expand Truepill’s direct-to-patient capabilities.

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