Items tagged with banking
In a recent survey of modern smartphones, it was found that a large proportion of them offered face recognition technology (FRT) which was alarmingly weak. Devices from most major Android vendors like Honor, Motorola, Nokia, Oppo, Samsung, Vivo and Xiaomi used FRT which could be fooled by a simple printed photo of the...
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Google used to offer Nexus-branded Android phones, but now Nexus means mobile malware. Chatter about the Nexus banking botnet began appearing on hacking forums in January 2023, but security researchers from Cleafy now believe this Android malware's origins stretch back to the middle of 2022. It's already very capable...
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Earlier this week, we covered a report that claimed mobile device trojans are on the rise. Trojans are a specific kind of malware that infect victims’ devices by pretending to be legitimate and trustworthy applications. Unfortunately, trojans sometimes mange to sneak their way into the Google Play Store and infect...
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As ransomware and cybercrime are constantly making the headlines these days in traditional electronic mediums, Zelle banking users are also finding themselves being targeted by scammers. Worse yet, in the wake of having funds stolen from bank accounts, victims are finding little to no help from their banking...
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Google is set to make a big push in the consumer banking market with a project code-named Cache. The project will see the search giant offer checking accounts to consumers in the U.S. in conjunction with Citigroup and the Stanford Federal Credit Union. A Google spokesman says that the search giant is exploring how to...
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It's common knowledge that Android and iOS dominate the mobile scene (in that order), in terms of market share. And the cold reality for Microsoft is that its Windows Phone platform is found on only about three out of every 100 smartphones. With that in mind, it's understandable (albeit disappointing) that Chase has...
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T-Mobile isn't content simply shaking up the wireless industry by going against the grain as part of its "Un-carrier" designation, apparently the company wants to be your un-bank, too. Hence the wireless carrier is extending its different way of thinking into the personal finance sector with an initiative it's calling Mobile Money by T-Mobile....
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There are no boundaries to technology, which continues to reach into all facets of our daily regimen. The world will look and function decidedly different in 10 years compared to today, and while we don't know exactly what life will be like, we know that banking at ATMs is one area that will see plenty of change...
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Ah, the digital world. Sometimes, it's easy to realize we're living in it. Things like digital boarding passes and cars that drive themselves are prime examples. But other times, we're wondering what the hold-up is. Now, in the banking world, Wells Fargo is finally answering the call on an issue that seems super obvious. The company announced...
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I don't know how much money you have in your bank account, but I'm willing to bet that if you logged into your banking's website and saw $0.00 across the board, you might be a little concerned. Some Chase customers earlier this week found themselves in this exact situation, leading many, as you might expect, to believe that they could have...
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When you download that banking app to your tablet or smartphone, do you ever wonder if it’s legitimate? Security software publisher Kaspersky Lab recently found some fake banking apps on the Google Play Store, which Google promptly removed upon being alerted. The fraudulent apps are for Russian banks in this case. This Russian...
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Google Wallet gives consumers the ability to store their credit and debit card numbers with a smartphone app and make payments at stores by tapping their phones at an NFC terminal. The concept is to make checking out easier and safer by letting people avoid carrying around a wallet full of credit cards that can too easily be lost or stolen,...
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It's not the first time something like this has happened, and it won't be the last. What's worrisome is that it probably happens more often than we know, and we just don't hear about it. No, someone didn't explicitly sell personal info on eBay. What they did was sell a hard drive with the bank account numbers, phone numbers, mothers' maiden...
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