Fresh Today

Fresh Today

NEW YORK—A new report indicates that high-profile breaches at Sony, Target and Home Depot amount to less than 1% of each company’s annual revenues, and that following insurance reimbursements and tax deductions the losses have even smaller effects on the companies’ bottom lines

WASHINGTON—A new study shows that mobile banking usage continues to rise, with 39% of consumers last year pulling out their phones to connect with their FI, a 6% increase over the previous year.

GLENDORA, Calif.—Mendell Thompson, the president and CEO of America’s Christian Credit Union, has been elected to the Glendora City Council.

WASHINGTON—The U.S. Department of the Treasury’s State Small Business Credit Initiative (SSBCI) has released a report showing that from 2011 to 2013, Community Development Financial Institutions (CDFIs) made $229.8 million in loans and investments nationwide as part of the SSBCI program.