July 30, 2008

Taking advantage of the credit crunch

There may be a lot of doom and gloom out there at the moment, but there is no need to let it grind you down, after all things will pick up eventually and you need to be ready for the big rush again.
Therefore, in the mean time there some things that you do to either [...]

June 30, 2008

Channel Four pays £150,000 ransom

Paying kidnappers is supposed to be a definite no for anyone or organisation to even consider as an option. For one reason there is the possibility that the hostage will not be released, or that the payment will just encourage them to do the same thing over again as it is a good money spinner.
Obviously [...]

June 10, 2008

ING offers safer online banking

ING Direct is launching a nice little piece of software which is going to help the security between their website and their customer’s computer.
This means that even if the computer has been infected with a programme such as malware or spyware, which is great for all computer users as this adds another level of security [...]

May 29, 2008

Looking after the pennies

There is that saying where looking after the pennies and the pounds will look after themselves. Well one man in the US did just that and has allegedly fleeced banks out of $50,000 a few cents at a time.
Anyone who has opened up a PayPal account will know that they deposit a small amount into [...]

May 21, 2008

Banks using even more surveillance

Fortunately for us the humble consumer this time the banks are not snooping in on what we are doing, mind you having said that they do monitor absolutely everything we do on accounts!
The banks are now monitoring their own staff, this sort of surveillance could mean checking their emails, listening in on their phone calls, [...]

April 30, 2008

Save yourself from Phishing expeditions

There is no doubt that sooner or later you will be getting an email from your bank regarding a security issue, but is this really from your bank or just someone pretending to be your bank?
This practice has become known to us as Phishing and is becoming a valuable to all sorts of fraudsters who [...]

April 21, 2008

Some browsers to be blocked by PayPal

In an attempt to prevent online fraud and other security issues, the online payment processing business PayPal will introducing browser blocking this would prevent that user from accessing the PayPal website.
This will not be a complete shutout for PayPal users because they will be getting a warning first, it will be something like a warning [...]

April 18, 2008

Women more likely to give personal details

It’s a shocking thought, but in a recent survey carried out just outside Liverpool Street station in London commuters were asked about the personal details. Like any legitimate survey that you would normally see where ask about phones and electrical suppliers etc.
But this survey was different the interviewers were fake, and the survey was a [...]

March 12, 2008

Virtual banking shut down

Second life the virtual world where there are some weird and wonderful things going on, has been suffering from what can only be described as a financial crisis, a bit similar to the real world I suppose. But there have been rumours of some not very nice things going on in the island world that [...]

February 29, 2008

Microsoft fined $1.4 Billion

Not taking any notice of sanctions imposed by the European Commission can work out to be a very expensive no matter who you are, even if the company is Microsoft they don’t get away with anything.
The company stands accused of anti competitive behaviour, something that the company is no stranger to, but this has now [...]

February 5, 2008

Bin Laden out to bankrupt the US

It could not have been timed more perfectly, right in the middle of the US lead up to the presidential elections. The message could not be any clearer, Osama bin Laden stated that it was al Qaeda’s goal to force the US into bankruptcy.
“We are continuing this policy in bleeding America to the point [...]

January 30, 2008

Data mix up

It’s impossible to say but, what on earth is happening to the data that companies and governments keep on us? We are told that everything is safe and secure which most of the time it probably is, but recently there has been so many data mix ups that it is getting worrying now.
Take the US [...]

January 8, 2008

Jeremy Clarkson’s bank account blunder

He is a person that you either like or hate, he is outspoken about most things and his no nonsense approach to things has made him very popular, but when the government mislaid the details of twenty five million people in the UK, he just had to put his little bit into the arguments that [...]

November 29, 2007

$1 million bill used to open account

The bank involved in this must have thought that they were on “You’ve Been Framed” or something. So this is what happened. A man walks into a bank in Augusta, Georgia in the States hands over a dollar bill and says “Can I open an account please?”
Of course there is nothing wrong in that, [...]

November 28, 2007

Finger prints to replace credit cards

If you are one those people that hates handing over your credit card in a store because of the potential for fraud, then there may be a solution to ease your fear.
There is a new technology that has been very successful in Germany where all you are going to need is your fingerprint!
This will [...]

November 23, 2007

$1 million painting found in rubbish

A rare oil painting by the famous Mexican artist Rufino Tamayo was found with some rubbish by a skip by the road on Manhattan’s Upper West Side by New Yorker Elizabeth Gibson, she originally past it by, but something inspired her to go back and get it.
After a bit of research she learned that the [...]

November 12, 2007

Bad news from banks this week!

The financial markets in the States are bracing themselves for some bad banking news this week as the banking sector will be reporting on its forth quarter, it is estimated that there may be as much as $20 billion in loses. This is due to the anticipated problems with the mortgage based loans and other [...]

November 2, 2007

Store loses $10m to Phishers

It seems that it’s not just the general public who get scammed by phishers, in the states one of the big supermarket chains has also suffered at the hands of a phishing email.
Supervalu Inc have conned out of more than $10 million, by transferring the cash into two accounts that had been set up just [...]

October 30, 2007

Credit cards with built in keypad

As if credit and debit cards were not complicated enough it seems that one card manufacturer has developed a new type of card which it is said will be secure and safe, mind you I thought that was what they said about the chip and pin cards!
This new style card has been designed in partnership [...]

September 27, 2007

Bank of England loan auction

A new facility is being put in place by the Bank of England today, the emergency fund has been put in place by the Governor of the Bank of England, Mervyn King.
But the banks who only a few days ago were crying out for help are expected not to be taking up any of the [...]

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