The Congressional Budget Office has found that restructuring the mortgage market would save the government billions of dollars but may increase the cost of housing.
Security researchers have raised alarms about the vulnerabilities of fax machines (yes, many banks are still using them) and printers. It is the kind of threat companies tend to overlook.
Bank 7, which aims to raise $75 million, also has extensive dealings in the hospitality industry. The company has completed two acquisitions since 2011.
The forum, which is best known for its annual Davos economic conference, offers insights on what many get wrong about artificial intelligence and how banks should be thinking about using it.
The Texas bank, which partners with the U.S. Treasury to dispense federal benefits via prepaid cards, is alleged to have dropped the ball as hundreds of cardholders say their money was forwarded to fraudsters posing as them.
