Fed Restricts SouthPoint Bancshares Dividends and Debt Under New Capital Agreement
A Federal Reserve agreement requires SouthPoint Bancshares to strengthen capital planning, support its bank and obtain approval before dividends or new debt.
Category: Risk, Fraud & Controversies
Monzo Outage Delays Payments Despite Backup Bank Activation
Monzo activated its independent Stand-in service during an outage that delayed payments and disrupted phone support, but some customers still reported failed transactions.
Lloyds Group Digital Banking Outage Blocks Customer Access
Customers of Lloyds, Halifax and Bank of Scotland lost access to mobile and online banking before Lloyds Banking Group said the issue was resolved.
Ingenico Secures €150 Million as Capital Reset Leaves Key Terms Undisclosed
Ingenico has agreed a €150 million investment led by PIMCO, but disclosed little about how its capital reset will affect debt, ownership or creditor claims.
ASIC Reports 19,400 Scam Takedowns as Deepfake Investment Fraud Expands
Australia’s securities regulator says scammers are building networks of deepfake endorsements, fake news, reviews and investment platforms to deceive victims.
CFTC Uses Emergency Power to Keep Kalshi Operating During New York Fight
The CFTC ordered Kalshi to keep operating after New York sought to stop its event-contract business, escalating a federal-state fight over prediction markets.
Draft FDIC Plan Would Certify Bank Fintech Vendors Without Replacing Oversight
A draft framework would create reusable certification for bank technology providers, but it leaves banks responsible for customer protection, integration and ongoing oversight.
Visa’s $2.4 Billion BioCatch Deal Expands Its Role in Fraud Decisions
Visa’s agreement to buy BioCatch would bring behavioral-biometrics intelligence into a global payments group, widening both its fraud capabilities and control responsibilities.
ION Says Rent Disputes Resolved After Landlord Actions in Three Countries
ION says office rent disputes are resolved after reported eviction steps and access restrictions raised questions about the financial software group.
Fortris Accused of Offshore Betting Payments: Do Europe’s New Cases Reveal a Wider Business Model?
New European cases show how payment infrastructure can sustain unlicensed gambling. Fortris’s gaming platform and a separate accusation demand scrutiny.
Bilt Says Reporting Error Sent Collection Notices to 1,850 Cardholders
Bilt attributed mistaken collection notices sent to about 1,850 cardholders to a third-party reporting error affecting an old beta card program.
Cifas Logs 220,000 UK Fraud-Risk Cases as Identity Fraud Hits 59%
Cifas recorded more than 220,000 fraud-risk cases in the first half of 2026, including sharp increases in identity fraud, money muling and SIM swaps.