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.

US-led cybercrime finance sting nabs 24 (Update)

At least 24 people were arrested in the United States and abroad in a US-led sting operation targeting cyber criminals buying and selling stolen credit card information, officials said Tuesday.

PayPal fattens digital wallet

PayPal on Tuesday pulled out a revamped digital wallet service amid rumors it is poised to introduce a plug-in gizmo that will let small businesses accept credit card payments using smartphones.

Verizon reverses on $2 fee for one-time payments

(AP) -- After a customer backlash, Verizon Wireless on Friday dropped a plan to start charging $2 for every payment subscribers make over the phone or online with their credit or debit cards.

4 personal finance technology trends for 2012

(AP) -- If you're one of the holdouts still paying bills with checks, tracking your accounts with pen and paper or clipping coupons from the newspaper, 2012 could be the year you take the digital plunge.

Apple accepts payment in China's yuan currency

Apple has started accepting payment in China's yuan currency through its online store, opening it up to the biggest Internet market in the world, company officials said Monday.

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