Banking
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Firm: Hackers craftier than most think
Even when businesses might consider their online information secure, there’s a chance that hackers have already gotten into their systems, according to Alan Goldsworthy, an executive with RazorThreat. more
Five Questions With: John Boudreau
Chief operating officer and co-founder of Warwick-based Astonish talks about the company’s work with insurance agencies. more
Spectra gets patent approved
Spectra Systems Corp. has received a notice of allowance, or approval, from the U.S. Patent and Trademark Office for its patent entitled “Currency Fitness and Wear Detection Using Temperature Modulated Infrared Detection.” more
WCU employees certified as financial counselors
Two Westerly Credit Union staff members have completed training and been awarded the designation of Certified Financial Counselor, according to a press release. more
Customers Bank earns top marks on Bank Director list
Bank Director magazine has awarded Customers Bank high rankings in two categories of the magazine’s 2013 Growth Leaders Ranking list, the bank announced Monday. more
BofA, Wells Fargo to be sued over mortgage deal
Bank of America Corp. and Wells Fargo & Co. will be sued by the state of New York for allegedly violating terms of a $25 billion nationwide settlement over foreclosure practices. more
Customers brings new name, familiar faces
There’s a new financial presence in Rhode Island, Customers Bank, with some familiar faces, including Steve Issa, the bank’s New England market president. more

By Rhonda Miller
PBN Staff Writer | 5/6/13

BofA among banks sued by Schwab over alleged Libor manipulation
Charles Schwab Corp., whose antitrust claims against banks over manipulation of the London interbank offered rate were tossed from federal court in New York, sued Bank of America Corp. and other financial institutions for fraud in state court in San Francisco. more
RBS units to pay $13.9M over U.S. banking violations
Royal Bank of Scotland Group Plc will pay $10 million in fines and $3.9 million in restitution to settle two banking regulators’ claims that the lenders’ U.S. units deceived retail banking customers. more
BofA urges dismissal of U.S.’s $1B faulty mortgages suit
Bank of America Corp. urged a federal judge to throw out a $1 billion fraud lawsuit filed by the U.S. alleging it sold defective residential mortgage loans to Fannie Mae and Freddie Mac that defaulted. more
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