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Went on a spending spree with your Bank of America debit card the moment Apple Pay hit your iPhone? You might be in for a (brief) shock. The bank is now issuing refunds after it charged at least some Apple Pay users twice when they made purchases at retail shops. While it hasn't said what trigg

1 month ago 0 Comments
October 22, 2014 at 4:17PM
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A Bloomberg report claims that JPMorgan Chase and \"at least\" four more banks in the US have been victims of a virtual attack from hackers. The data gathered from the breach could reportedly \"be used to drain accounts,\" according to two Bloomberg sources who have been briefed on the situation by th

3 months ago 0 Comments
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\"Skimming\" is a blanket term used when referencing a crime where you take small amounts of money. It literally means to take cash off the top, as if money were the sweet cream floating atop a cauldron of lesser riches. Fifty years ago, skimming might have meant stealing a handful of dollars from y

4 months ago 0 Comments
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Believe it or not, roughly 95 percent of ATMs in the world are still running Windows XP -- and that's about to become an expensive problem. Machine designer NCR says that only a third of banks will upgrade their ATMs to a newer OS before official XP support ends on April 8th, leaving many institut

9 months ago 0 Comments
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Come June 28th, Wall Street outfits including the likes of Citigroup and Bank of America will be under siege -- from fake hackers, that is. Representatives from a total of 40 companies along with the Federal Reserve, Securities and Exchange Commission, US departments of Treasury and Homeland Secur

1 year ago 0 Comments
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Lower Manhattan, Pearl Street, the Financial District. A Starbucks with broad windows, great for people watching. Sipping my $5 flavored coffee, I watched a homeless man sit on the sidewalk. I liked him immediately: his sharp gaze and thoughtful expression. When I left, I squatted down next to him

2 years ago 0 Comments
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Fans of mobile banking are discovering harsh surprises after updating their Atrix 4G to v4.1.83. Amongst the numerous improvements in this release (including the widely touted HSUPA fix), Motorola added new SSL certificates to the mix. While such a change would normally be inconsequential, many b

3 years ago 0 Comments
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Apparently some shady hackers and cyber-criminals have recently started offering upwards of $30,000 for the Nokia 1100 which were manufactured at a specific plant in Bochum, Germany. You may ask yourself, \"why?\" Well, beyond the obvious answer (style), certain makes of the super-popular handset can

5 years ago 0 Comments
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Apparently some shady hackers and cyber-criminals have recently started offering upwards of $30,000 for the Nokia 1100 which were manufactured at a specific plant in Bochum, Germany. You may ask yourself, \"why?\" Well, beyond the obvious answer (style), certain makes of the super-popular handset can

5 years ago 0 Comments