A 33-year-old Turkish man extradited to New York appeared in court Wednesday on charges that he organized three cyber attacks costing the global financial system $55 million, prosecutors said.
Before the advent of the internet, the greatest gain in customer convenience within retail banking came from the creation of automated teller machines (ATMs).
Goldman Sachs intends to launch a digital banking division to lend to small businesses and consumers, broadening its clientele from its blue-chip base.
New York's powerful banking regulator Benjamin Lawsky said Wednesday that digital currencies like Bitcoin pose a major challenge, but should not be stifled.
Microsoft reported a drop in quarterly profit Thursday, dragged down by higher costs for restructuring and integrating Nokia mobile phone operations.
The UK government has shown its intention to regulate bitcoin and other digital currencies, drawing them into the realms of financial regulation applied to banks and other financial services. But bitcoin is not a bank or ...
There is a rapidly growing momentum driving the development of mobile payment systems. New research has shown systems, such as the Bristol Pound, can have a positive effect on the local community by encouraging consumers ...
Research by two of the UK's leading experts on the social impact of technology shows that slick smartphone payment systems may boomerang on retailers.
A new model examining cybercrimes adds an important way of examining the perishable value of stolen data so policy makers can plan against future hacks like the recent Anthem data breach, according to a study in the Articles ...
US cyber security firms on Tuesday said that a Chinese espionage team hacked Forbes magazine to hunt defense contractors, financial firms, and other unsuspecting prey visiting the popular news website.