What to know before you check Equifax Security 2017 data breach website – The Washington Post

The credit reporting agency, Equifax, announced on Sept. 7 that a hack has impacted the credit histories of up to 143 million Americans. Here’s what you should do if you believe you are affected. (Jhaan Elker/The Washington Post) This story has been updated with comments from the CFPB and the New York Attorney General’s office. […]

After breach, Equifax Security 2017 site asks consumers for last name, other personal info – The Washington Post

The credit reporting agency, Equifax, announced on Sept. 7 that a hack has impacted the credit histories of up to 143 million Americans. Here’s what you should do if you believe you are affected. (Jhaan Elker/The Washington Post) Equifax said Thursday that it will offer free credit monitoring services to all U.S. consumers for one year, after […]

Why the Equifax breach is very possibly the worst leak of personal info ever | Ars Technica

cache hit 1516:single/related:c1eac07f6d627062c9127c08bed0632d empty It’s a sad reality in 2017 that a data breach affecting 143 million people is dwarfed by other recent hacks—for instance, the ones hitting Yahoo in 2013 and 2014, which exposed personal details for 1 billion and 500 million users respectively; another that revealed account details for 412 million accounts on […]

Check Processing History: How Automation Saved the Day

Scanning And Sorting How the banking industry, with an assist from tech, turned an incredibly frustrating, manual process—sorting checks—into an excellent example of automation. Today in Tedium: The physical check, for most general purposes, is a sheer relic—basically used mostly for specific big-ticket purchases like rent, it certainly doesn’t have the sex appeal of, say, […]

As a taxi lender seizes medallions, cabbies are caught in the carnage | Crain’s New York Business

Cab drivers and owners get caught in the headlights of a troubled taxi lender As Melrose Credit Union looks to seize assets instead of refinancing medallion loans, individual owners fear for their future Photo: Buck Ennis THE ROAD AHEAD Drivers such as Medina are 
weighing whether to stay 
 in the business. inheritedlink: /apps/pbcs.dll/article?AID=/20170709/SMALLBIZ/170709944&template=rwd& morning10: […]

The Car Was Repossessed, but the Debt Remains – The New York Times

close dealbook-branding close story-meta Photo Unable to recover the balance of loans by repossessing and reselling the cars of owners who default, some subprime lenders are aggressively suing the borrowers to collect what remains. Credit Spencer Platt/Getty Images More than a decade after Yvette Harris’s 1997 Mitsubishi was repossessed, she is still paying off her […]