Israel Discount Bank of New York has a new CEO.
The $9.9 billion-asset bank, which operates as IDB Bank, said in a press release Friday that Ziv Biron had also become its president.
Biron previously served as chief financial officer and head of planning strategy at Discount Bank, IDB's Israeli parent company.
Earlier in his career, Biron held executive roles at Bank Hapoalim Israel, HSBC USA and HSBC Global.
Biron succeeded Uri Levin, who was promoted in July to CEO of Discount Bank.
The payments company's third-quarter results came in $250 million below Wall Street's expectations, disappointing investors.
The Federal Reserve's top official was emphatic that he and other leaders on the Board of Governors cannot be dismissed or demoted at will by the president.
The Vienna, Virginia-based credit union will pay tens of millions of dollars in penalties over what the agency said was "junk fees" charged to Navy Federal's customers.
AI agents can help route tasks and make decisions along the way, but a human in the loop will still be needed to ensure effectiveness.
The plea agreement, which includes a fine of more than $1.4 billion, penalizes TD for systemic money laundering violations. "We have the ability to profit, and we should be able to profit, but not at the expense of the law," said U.S. District Judge Esther Salas.
FICO's wholesale royalty will be $4.95 per score for mortgage originations, it announced. That's up from $3.25, which is the current cost of a mortgage credit score.
