Savings accounts for children linked with later financial success

(Phys.org) —A new series of reports based on research conducted at the University of Kansas shows that young people who have savings from an early age are more likely to maintain positive relationships with financial institutions, ...

Bitcoin's dilemma: go mainstream, or stay radical?

Bitcoin enthusiasts and libertarians the world over are in a state of confusion about the slowness with which the outside world is catching on to their new way of exchanging money. But regulators and lawmakers are now, very ...

UK spies: Nations are hiring cybermercenaries

A British intelligence report said Wednesday that other nations are hiring hackers to launch attacks against their enemies, a trend it described as particularly worrying.

South Korea beefs up cyber security

South Korea on Thursday said it would double its cyber-security budget and train 5,000 experts amid growing concern over its vulnerability to attacks it blames on North Korea.

Intuit sells financial services unit for $1.03B

Intuit is selling a division that provides software to financial institutions in a deal worth about $1.03 billion as it focuses on products for consumers and small businesses.

Mobile-payment companies roll out new toys for businesses

Forget ka-ching. It's all tap-tap these days. Restaurants and shop owners fed up with antiquated cash registers and expensive credit card terminals are switching to cheaper devices that plug into smartphones and tablets. ...

Tech companies eye security that goes beyond passwords

In late February, a thief or thieves cracked into Evernote's digital vault filled with log-ins, passwords and email addresses belonging to 50 million users. It was a shocking cyberattack considering the Redwood City, Calif., ...

No wide data breaches at firms in cyberattack

Federal prosecutors in New Jersey have provided new details on how an international cybercrime ring broken up this week accessed some customer accounts at more than a dozen leading financial institutions and payroll services.

US payroll, financial firms hacked; eight charged (Update)

U.S. prosecutors announced fraud and other charges Wednesday against eight alleged members of an international cybercrime ring that the government said hacked into the computers of more than a dozen leading financial institutions ...

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