Wells Fargo tech spend jumps 16% YoY in Q1

Technology investment continues to be a priority for Wells Fargo amid growing digital adoption. As demand for digital banking capabilities expands, Wells Fargo is taking notice, President and Chief Executive Charles Scharf said during the bank’s first-quarter earnings call today. Despite its conservative investment strategy, the $1.9 trillion Wells is refurbishing more than 4,000 of…

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‘Minecraft’ Director Speaks Out Against Cops Being Called to Screenings

“A Minecraft Movie” director Jared Hess is responding to the rowdy screenings of his blockbuster sensation. The film has sparked a viral trend among young moviegoers in which they scream and throw popcorn during pivotal moments of the movie (including Jack Black proclaiming “I am Steve” and yelling “chicken jockey!”). Movie theaters have responded by…

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‘Grateful to Have My Loving Family’

Eric Dane has been diagnosed with amyotrophic lateral sclerosis (ALS), also known as Lou Gehrig’s disease. The 52-year-old actor shared his diagnosis with People, while stating that his health has not impacted his plans to return for “Euphoria” Season 3. He will be on the HBO series’ set in the coming days. “I have been…

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Cash App owner Block pays $40 million in settlement over ‘serious compliance deficiencies’

New York state’s top financial regulator struck a $40 million settlement Thursday with Block Inc., the parent of Cash App, the popular money transmission service, after having found the company had “serious compliance deficiencies” related to its anti-money laundering program and transaction monitoring processes. The deficiencies at Block, some involving cryptocurrencies, “created a high-risk environment vulnerable…

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