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U.S. Mayors Conference Asks Congress To Protect Legal Marijuana Businesses By Supporting Access To Banking
Monday, June 6, 2022 - 5:32pm | 309During its 90th annual meeting, the U.S. Conference of Mayors approved a resolution demanding that Congress pass a bill to safeguard banks that work with state-legal marijuana businesses, reported Marijuana Moment. The proposal focused on marijuana banking reform. The Conference also expressed...
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Replacing Cards In Target Hack Has Cost Banks $200 Million So Far
Wednesday, February 19, 2014 - 2:46pm | 572The cost of last year’s cyber-attack on Target (NYSE: TGT) has already exceeded $200 million. This has nothing to do with fines or lawsuits, or even Target. This is the cost banks and credit unions are bearing as they replace hacked credit and debit cards, according to The Verge. The Consumer...