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.

Further IT glitch hits UK bank customers

Britain's Lloyds banking group apologised on Sunday after many of its debit card customers were left unable to access their money following a server hitch.

Banking group sees limited future for Bitcoin

The online currency Bitcoin has shown unexpected success but its future as a broadly accepted exchange medium is limited, according to a report by a global banking group Thursday.

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 ...

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.

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.

London-based banks simulate giant cyber-attack

Dozens of London-based banks joined other financial institutions in the capital on Tuesday for a giant exercise to test their defences against a cyber-attack, officials said.

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