banks

banks

Decoding banks' software glitches

www.bbc.co.uk
Why banks are set to suffer more software faults...
Decoding banks' software glitches

Funniest/Most Insightful Comments Of The Week At Techdirt

www.techdirt.com
It's another week where one comment stood out way above the others in the voting for "most insightful." An Anonymous Coward absolutely dominated the "insightful" voting with this response to the story about the Justice Department's ridiculous arguments trying to block legitimate users from getting their content back from the...
Funniest/Most Insightful Comments Of The Week At Techdirt

Banks: Hackers more aggressive in attacking customer accounts

www.computerworld.com
A survey of large financial institutions shows they faced more attacks by hackers to take over customer banking accounts last year than in the two previous years, and about a third of these attacks succeeded....
Banks: Hackers more aggressive in attacking customer accounts

Michael Lewis, author of "Liar's Poker," says Wall Street bonuses at banks bailed out by Washington are "a very elegant form of theft."

www.reddit.com
Michael Lewis, author of "Liar's Poker," says Wall Street bonuses at banks bailed out by Washington are "a very elegant form of theft."

Deals Year in Review: Only Facebook Lifted the Tech World

blogs.wsj.com
Wall Street was captivated by Facebook's so-called bake off of banks looking to run the biggest offering in years....
Deals Year in Review: Only Facebook Lifted the Tech World
Off-the-shelf brainwave scanners can extract your private information

Visa expands digital wallet V.me access to 55 million customers

www.pcworld.com
Visa said Tuesday that it has expanded its digital wallet service V.me to an additional 53 banks and 23 merchant partners. About 55 million cardholders now can use V.me for their online shopping. V.me is a wallet service that aims to make it easier to pay for goods online....
Visa expands digital wallet V.me access to 55 million customers

Here's Why Wall Street's Pretty Upset About Facebook Buying Instagram

www.businessinsider.com
Facebook has been giving Wall Streeters a bit of grief these days. One reason we've talked about is because it seems like Mark Zuckerberg doesn't care about his company's IPO. He didn't go to the IPO "kick-off" meeting, after all. Well now, the NY Post reports, Wall Street is...
Here's Why Wall Street's Pretty Upset About Facebook Buying Instagram

Morgan Stanley now loaning shares of Facebook to short sellers

thenextweb.com
Morgan Stanley is now lending shares of Facebook to short sellers, CNBC has recently reported. Morgan Stanley was the offering’s lead underwriter. On the day of Facebook’s IPO, its underwriting banks had to purchase the stock at several intervals to keep it from declining past its launch price. Short selling...
Morgan Stanley now loaning shares of Facebook to short sellers

Booting Up: All Facebook Everything

betabeat.com
You know who. (Photo: flickr.com/prospere) Facebook's 421,233,615 shares are opening at $38 each [Facebook] Who's getting paid today? [Fortune] A picture of a Facebook share [Business Insider] Facebook had a wacky hackathon last night! [VentureBeat] How will Europe ever build the next Facebook? [New York Times] Hong Kong trading platform...
Booting Up: All Facebook Everything

North Korea behind March cyberattack, says South Korea

news.cnet.com
The South is now blaming the North for a hacking attack targeted at banks and TV stations. [Read more]...
North Korea behind March cyberattack, says South Korea

FIS acquires mobile banking guru mFoundry for $120 million

www.engadget.com
You may not be very familiar with mFoundry's name, but you'll probably know its work if you're reading this site: it's part of a deal with MasterCard for NFC-based mobile payments, powers many banking apps and wrote the earliest mobile app code for Starbucks. As such, it's no small...
FIS acquires mobile banking guru mFoundry for $120 million

Online Banking's Weak Security Link: Customers

www.pcworld.com
Criminals know how to overcome banks' security, and now focus on customers who are not PC security-savvy, says security firm....
Online Banking's Weak Security Link: Customers

This NYC Boutique Owner Says Square Is Just As Good As It Sounds

www.businessinsider.com
Jack Dorsey's mobile-payments startup Square has been growing like crazy. Since June, payments processed are up 50 percent.It's an attractive option for small business owners because it takes a 2.75% cut on most transactions, which it splits with the banks, versus a higher fee owners pay out to use traditional...
This NYC Boutique Owner Says Square Is Just As Good As It Sounds

Iran blamed for cyberattacks on U.S. banks and companies

www.washingtonpost.com
Iran has recently mounted a series of disruptive computer attacks against major U.S. banks and other companies in apparent retaliation for Western economic sanctions aimed at halting its nuclear program, according to U.S. intelligence and other officials. Read full article >>...
Iran blamed for cyberattacks on U.S. banks and companies
Nuance's 'Nina' to add Siri-like features to customer service apps on iOS and Android

Urban Airship launches its guide to ‘Good Push’ and plots move to London

thenextweb.com
At the Open Mobile Summit yesterday, Scott Kveton, CEO and co-founder of Urban Airship explained to the audience how to give ‘Good Push’. The firm is known for enabling developers to use push notifications and in app payments and Kveton was spreading the word about this function as well as...
Urban Airship launches its guide to ‘Good Push’ and plots move to London

Dell Considers Going Private, Again

allthingsd.com
Shares of computer and IT company Dell are soaring and were briefly halted on word of a report by Bloomberg News that the company is in talks to go private. Bloomberg’s chatty banker sources say that Del is in talks to do a deal with at least two private equity...
Dell Considers Going Private, Again
Rock The Post And CrowdHut Are Trying To Solve Two Of Crowdfunding's Biggest Pain Points

TradeShift Launches To Disrupt The Financial System – And Morten Lund Is Advising It

techcrunch.com
One of the most potentially disruptive startups of the last ten years is emerging into the light this week. And I honestly don’t say that lightly. Christian Lanng, a former builder of deep e-commerce and security services for the Danish government is co-founder of TradeShift along with a very hard-core...
TradeShift Launches To Disrupt The Financial System – And Morten Lund Is Advising It

Cash-poor Sharp mortgages display factories, including Apple screen plant

www.computerworld.com
Japan's Sharp, one of the world's largest makers of LCD panels and a supplier of displays for Apple products, has taken the rare step of mortgaging its factories and buildings to secure an emergency loan from its main banks, a spokeswoman said Thursday....
Cash-poor Sharp mortgages display factories, including Apple screen plant

Toxic CDOs Beset FDIC as Banks Fail - WSJ.com

online.wsj.com
Toxic CDOs Beset FDIC as Banks Fail - WSJ.com

More Than Any Other Industry, FinTech Needs Accelerators

pandodaily.com
It’s not hard to glean why a barely-there, idea-stage startup might want to join an accelerator. The programs are designed to pump your company full of enough resources, networking, and advice to get a beta launch out the door. The small chunk of cash they offer in exchange for...
More Than Any Other Industry, FinTech Needs Accelerators

Warning over 'massive' MasterCard, Visa security breach

www.zdnet.com
Both Visa and MasterCard have reportedly sent out non-public alerts to banks, warning of a possible “massive” data breach, and that specific customer accounts could be compromised....
Warning over 'massive' MasterCard, Visa security breach

H-P Banks on Digital Printing Presses

online.wsj.com
To revive stagnant sales in its printing division, H-P is betting big on 72-foot-long digital printing presses that cost $1 million to $2 million each....
H-P Banks on Digital Printing Presses

Retailers Join Payment Chase

allthingsd.com
Wal-Mart Stores Inc. and Target Corp. are among roughly two dozen retailers working together to develop a mobile-payments system to compete with similar products from Google Inc. and big cellphone companies, according to people with direct knowledge of the project. The push represents an effort by frustrated merchants to get...
Retailers Join Payment Chase

Droplet Plans To Disrupt Mobile Cash With No-Charges Payment App For iPhone

techcrunch.com
It’s so simple and disruptive I wonder why others haven’t really tried it. Droplet is a mobile money app on iOS that lets you load cash onto your phone and send payments to anyone – including participating retailers – for free, via email. Unlike mobile payment companies like Square, iZettle...
Droplet Plans To Disrupt Mobile Cash With No-Charges Payment App For iPhone

South Korea probes 'massive' cyberattack

news.cnet.com
An online attack by a group called "Whois Team" downed servers at TV broadcasters and banks. Police are investigating the incident amid speculation North Korea may be involved. [Read more]...
South Korea probes 'massive' cyberattack
Proposed UK mobile payment standard sidelined after complaints from Google and Three

Facebook Sued Over IPO Non-Disclosure Of Q2 Revenue Weakness

marketingland.com
The news keeps getting worse for Facebook. First, the IPO didn’t do as well as expected, though it made lots of people at Facebook very wealthy. Then came news that Facebook’s underwriters (banks) had to intervene on Friday to keep the stock from falling below the $38 offering price... Please...
Facebook Sued Over IPO Non-Disclosure Of Q2 Revenue Weakness
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