Massive data breach exposes identifying info for 123 million households

by Ryan Smith22 Dec 2017 The personal information of 123 million American households was exposed in after marketing and analytics company Alteryx suffered a data breach, it was announced Tuesday. Cyber risk company UpGuard announced the breach, which occurred in October. According to UpGuard, Alteryx left a database containing sensitive information on 123 million households …

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How video may change the mortgage experience

by Francis Monfort22 Dec 2017 CrossMedia’s Unify CRM provides lenders with LOS integration, lead generation and management, contact management and marketing automation. Sales Manager Scott Gabel sat down with MPA to discuss developments at the company and his thoughts about the future of mortgage technology. MPA: What is new at Cross Media? Scott Gabel: The …

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Exclusive: Bank of America Merrill Lynch to pay $26 million for allegedly failing to report suspicious transactions

NEW YORK (TR Regulatory Intelligence) – Wall Street regulators later Thursday or early next week are expected to fine Bank of America Merrill Lynch (BAC.N) a total of $26 million over alleged failures to report suspicious transactions, two sources familiar with the matter said.

JPMorgan Reprimanded by Swiss in 1MDB Money-Laundering Case

Switzerland’s financial regulator will conduct a detailed review of JPMorgan Chase & Co.’s anti-money laundering controls after finding the bank seriously breached regulations in its dealings with Malaysian sovereign wealth fund 1MDB. The regulator, which undertook enforcement proceedings between May 2016 and June 2017, uncovered “serious shortcomings” in connection with relationships and transactions associated with 1MDB, …

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Robins Kaplan LLP Appointed Co-Lead Counsel in Civil Action over Wells Fargo Auto Insurance Scheme

NEW YORK–(BUSINESS WIRE)–National trial firm Robins Kaplan LLP® has been court appointed as co-lead counsel on behalf of plaintiffs impacted by Wells Fargo’s acknowledged practice of wrongfully charging auto loan borrowers for unnecessary and duplicative auto insurance. A report by The New York Times uncovering the bank’s misconduct indicated that more than 800,000 customers were affected, and Wells Fargo …

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Class Appraisal announces new president

The nationwide appraisal management company announced the appointment of John Fraas as its president earlier this week. “We are delighted to have John join our company, as it represents our continued commitment to building the best team in the industry in order to drive our future growth initiatives,” Class Appraisal CEO Alex Elezaj said. “John …

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