Brian Zimmerman looted the vault at his now-defunct LEBCO Educators FCU, prosecutors said, and faces up to 10 years.
This preview from our Aug. 14 print edition looks at how board members of the failed credit union say they were misled by fugitive CEO.
ATMIA says decision last week cancels out a year of work on enabling U.S. payment network use of EMV standards.
A U.S. District Court judge gutted the Federal Reserve’s debit card regulatory regime July 31, ruling the Fed rule disobeyed the law and ordering the regulator to rewrite it.
Judge didn't hint outcome in oral arguments. Unresolved questions - including legal standing - about ability to appeal.
Federal court convicts Makushamari Gozo of 18 counts of making a false claim and five counts of bank fraud involving cars and fuel.
Federal judge throws out Durbin Amendment's 21-cent cap in emphatic ruling.
Carl Washington gets one day in custody, year of home confinement and two years of supervised release in credit fraud case.
Judge Wu says agency waited too long to file claim over failed securities, same reason Kansas City case was dismissed.
Latest term is for 3.5 years.