Hacked Republican Website Skimmed Donor Credit Cards for 6 Months A website used to fund the campaigns of Republican senators was infected with malware that for more than six months collected donors’ personal information, including full names, addresses, and credit card data. The storefront read more.
Morgan Stanley Backs PayPal Co-Founder’s Lending Startup Affirm Affirm, the online lending startup founded by PayPal co-founder Max Levchin, has raised $100 million in debt from financial services giant Morgan Stanley. The credit line comes with the news that Affirm has tripled the volume read more.
Two weeks after buying its first corporate bond, the Bank of England has already spent over 10% of the funds allocated to its 18 month asset-buying program. Source post on MarketBeat read more.
Wells Fargo Account Scandal Extends to Small Business Wells Fargo’s account scandal is not limited to its consumer banking sector, U.S. Senator David Vitter told the bank’s chief executive in a letter. Thousands of small business owners were also impacted by Wells Fargo’s read more.
California Hits Wells Fargo Where it Hurts California Treasurer John Chiang said Wednesday the state will suspend several key banking relationships with Wells Fargo to sanction the firm following allegations of “fleecing its customers.” Serving up the first direct blow to Wells read more.