News tagged with financial institutions

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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 ...

dateNov 28, 2014 in Security
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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.

dateJul 10, 2014 in Business
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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.

dateFeb 11, 2014 in Security
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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 ...

dateNov 29, 2013 in Telecom
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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.

dateNov 18, 2013 in Internet
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