bank

PayPal has unwrapped a new device that allows anyone with a smartphone to accept credit card payments. Unlike some other systems, "PayPal Here" doesn't require any special chips be installed in the phone itself. The idea is to tackle two existing ... problems for merchants who want to take credit and debit card payments: First, card payments usually require the merchant to have a device with telephone connectivity, to allow instant bank verification of the customer's identity and account. Second, taking such payments often entails hefty fees from the card-issuing bank, the merchant's ... (view more)

In recent weeks, corporations associated with Wikileaks have had to make the difficult decision of whether or not to sever all ties with the organization, and if so, face the potential of backlash on their own companies, including distributed denial ... of service attacks. Bank of America is the latest to join the list of financial and technology companies that have cut off services to Wikileaks, but their decision might have been made with the knowledge that Wikileaks is prepared to release confidential and likely scandalous information about the institution. Two Sides to the Story The official ... (view more)

A recent report suggests that cyber criminals are now setting their sights on small- and medium-sized businesses and institutions. According to an alert posted on the U.S. Federal Bureau of Investigation (FBI) website, there has been a "significant ... increase" in automated clearing house (ACH) fraud over the past few months, targeting small businesses, municipal governments and schools. The FBI believes that about $100 million dollars has moved bank accounts because of this practice. (Source: yahoo.com ) The "weapon of choice" for these fraudsters is online banking and the plan is rather ... (view more)

Uxtender This little patch will enable the user to have his own unsigned themes ready to use on the new Windows XP Service Pack 3 install, recently released by software giant Microsoft. http://winprj.net/ Xero Bank Browser xB Browser, xB Mail, and ... xB VPN are distributed in the XeroBank Installer. xB Browser is the most popular anonymous web browser in the world and with good reason. xB Mail offers you a strong email client that makes encrypted messaging effortless. When coupled with XeroBank's Encrypted eMail service, you can access and anonymously send email from anywhere. xB VPN is the core ... (view more)

Internet scam artists are now using the telephone to breach your privacy and your bank accounts and it seems to be working. Last week the FBI's Internet Crime Complaint Center raised the alarm about the increasing number of phishing attacks that are ... using a combination of email and telephone. (Source: computerworld.com ) The use of the telephone in these schemes is a departure from the email-only type of phishing assault and is catching many companies and individuals unawares. In the past, typical email phishing scams have involved making various representations via email and asking users to ... (view more)

The British government has admitted losing a compact disc containing the personal details of 25 million people. The scandal has led to concerns that criminals could use the information for identity fraud or to access online bank accounts. The disc, ... which contains details of every family receiving child benefit (a form of social security paid for all children), was produced by a junior official at Her Majesty's Revenue and Customs (HMRC), the British tax department. The official put two passwords on the disc, but did not encrypt the information. They then sent the disc to another government ... (view more)

The Bank of America and Citibank are now offering nationwide services that allow their customers to do routine banking tasks using only their cell phones. As "smart" cell phones continue to revolutionize the market for mobile devices, so too will ... more banks look to remove the hassles of physically being inside of a financial institution in order to make simple transactions. The two social functions are merging as never before, combining work and play. The service provided by Bank of America allows customers who have cell phones with Internet access to check balances, pay bills and transfer ... (view more)