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Wells Fargo Shut Out Of Illinois Bond Business; Chicago May Follow Suit

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The Wells Fargo fake account scandal has resulted in more fallout for the beleaguered bank — this time, with Illinois announcing a ban on bond and investment work with Wells Fargo. According to a report , Illinois Governor Bruce Rauner’s administration said it won’t include Wells Fargo until further notice.

Illinois 175
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New Apple OS Reportedly Has Payment Security Issues

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Two Apple iOS 13 users took to Reddit to share some payment security issues they faced when using the tech giant’s newest iteration of its operating system, according to reports. A woman’s from Illinois. This is a major security flaw in iOS. The issue, createdbyeric said, was escalated to higher management.

Apple 193
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As Biometrics Advances, Laws And Regulations Try To Catch Up

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Biometrics are increasingly being relied upon to secure payments and commerce while making transactions more seamless for consumers, a trend that seems all but certain to increase in the coming months and years. The Supreme Court in Illinois ruled on Jan. There exists no similar federal law in the U.S. Legal Contradiction?

Illinois 151
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Coinbase Offers Bitcoin Cash Loans Of Up To $20K In 17 US States

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With today’s announcement, we want to give our customers even more control over their crypto investments, while offering secure access to cash at the same time,” Thorsten Jaeckel , product manager for Coinbase, wrote on the blog. The maximum loan is $20,000 at 8 percent for one year with no credit check.

Bitcoin 268
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Retailers Increasingly Turn To AI For Security And Efficiency

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Take the issue of retail security as one example. As that happens, retail operators — including some of the biggest and most famous — are turning to AI and putting more faith in the technology to help secure the future. Reducing network demands, the technology works even if cloud connection is lost.

Retail 149
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Signature Bank Taps Tech For Simplified AP

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Finrails AP offers businesses a cloud-based accounts payable (AP) solution that automates B2B payments on a secure digital dashboard using numerous payment methods. “Our collaboration with Finrails AP gives business owners more choice, flexibility and security when it comes to making payments.”

Illinois 167
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Deutsche Bank, PNC Plan To Reduce Brick-And-Mortar Bank Branch Footprints

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Handelsbanken is reportedly among the top advocates in Europe for the importance of keeping brick-and-mortar locations and is renowned for its “church spire principle” through which an office manager should have the capacity to view all their clients from a tower’s apex. Securities and Exchange Commission (SEC) filing per the outlet.