News tagged with financial institution

After a data breach, it's consumers left holding the bag

Shoppers have launched into the holiday buying season and retailers are looking forward to year-end sales that make up almost 20% of their annual receipts. But as you check out at a store or click "purchase" on your online shopping cart ...

Nov 28, 2014
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Bitcoin ATM builder targets money-transfer business

In a makeshift office - a living room crowded with desks, monitors and a beanbag chair - programmers are hacking away on computers, aiming to make their mark on the multibillion-dollar financial services industry.

Jul 10, 2014
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Cards with microchips could become more common

The "chip" is coming. Amid relentless revelations of cyberthieves stealing our credit card and other personal data, there's a renewed push to fortify the plastic cards sitting in millions of Americans' wallets.

Feb 11, 2014
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Consumers enamored with mobile banking, experts say

Snap, tap and done. That's the catchy mantra of mobile banking, increasingly touted by financial institutions as a way to oh-so-easily pay bills, check balances and deposit checks from your cellphone. And consumers are heeding ...

Nov 29, 2013
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Five arrested in $45 mn 'cyber heist'

Five people were arrested Monday following a global "cyber heist" in which hackers stole $45 million by overriding the cash withdrawal limits of prepaid debit cards, US officials said.

Nov 18, 2013
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Bitcoin trading platform defrauds China investors

An online Bitcoin trading platform aimed at Chinese investors has suddenly closed, leaving hundreds with more than 20 million yuan ($3.3 million) in combined losses, a newspaper said on Thursday.

Nov 14, 2013
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