bank
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Bank of Ireland ATM Glitch Hands Out ‘Free’ Money
People queued up outside the Bank of Ireland on Tuesday after a glitch in the system appeared to allow customers to withdraw money without affecting their balance. The bank, which is one of the largest in Ireland, acknowledged the glitch on Wednesday, saying the issue had been resolved, but only after customers had rushed to…
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Americans Put Nearly $1 Billion Into Apple Savings Accounts in First 4 Days
Apple has learned from enough games of Monopoly that it’s good to be the banker as well as a player. A Monday report from Forbes based on anonymous internal sources claims users deposited close to $US1 billion in just four days after Apple introduced its new Goldman Sachs-backed Apple Card savings account.
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FTX Confirms $AU13 Billion in Customer Funds Vanished
The folks handling the ongoing FTX bankruptcy admitted Thursday it is still on the hook for around $US9 ($AU13) billion in customer funds that it simply cannot locate under the morass of financials left over from the exchange’s collapse.
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U.S. Regulators Warn Banks About Crypto Fraud and Scams
Major financial regulators consisting of the Board of Governors of the Federal Reserve System (Federal Reserve), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) warned banking organisations against cryptocurrency scams and fraudulent activity in a joint statement on Tuesday.