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  • Wed. Oct 23rd, 2024
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    Tag: Banking

    US Bancorp sees outages in stable cards and an increase in sales
    News

    US Bancorp sees outages in stable cards and an increase in sales

    US Bancorp's most recent quarter showed continued card balance growth, the resiliency of its so-called “differentiated business model” and credit quality metrics that were in line with expectations. CEO Andrew Cecere said on the conference call with analysts that the company had seen “good momentum across several fee-based business initiatives,” adding that net charge-off rates […]

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    The company says customer data was compromised
    News

    The company says customer data was compromised

    Financial services provider MoneyGram reported a hack and cybersecurity issue that impacted the company, prompting an investigation. “On September 27, 2024, we discovered that an unauthorized third party accessed and obtained personal information of certain consumers between September 20 and 22, 2024,” the money transfer company said in a statement. According to the company, affected […]

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