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- The week in security: It's hack or be hacked as airplane rises, defences fall
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finance - News, Features, and Slideshows
Despite a 7 per cent increase in operations volumes for ANZ in the first half there was a decline in group-wide operations costs of 3 per cent, the bank's CEO said today.
Former customers of MtGox, once the world's largest trading place for bitcoin, can finally file claims for lost assets.
Automated teller machines have been around for decades, but surprisingly few changes have been made to the technologies that run them. That's about to change.
The mobile payments space is about to get more crowded: CurrentC, a platform backed by some of the country's biggest retailers, will launch in the next few months and give Apple, Google and Samsung added competition.
In just under six months, a behind-the-scenes switch in the payments industry will change the way U.S. consumers shop and could bring wider acceptance for Apple Pay and its competitors.
The Apple Watch supports Apple Pay, but it's unlikely that the smartwatch, coming April 24, will significantly boost the number of mobile payments made by U.S. customers.
Heading into the heart of hurricane season 10 months after Sandy slammed the New York metropolitan area, Wall Street has had time to reassess and revamp backup plans.
PNC Financial Services is targeting 18- to 24-year-olds with its Virtual Wallet, a mobile and online banking service that is designed for people who are setting up their first bank accounts. Since the service launched in August 2008, PNC is averaging 200 new accounts per day, says Michael Ley, vice president at PNC.
In the coming weeks the feds and the surviving financial services institutions will have the daunting task of unraveling all the securitized loans and other instruments that are hiding the toxic investments. But does the technology exist to do that? And if so, could it have been used to prevent the bad debt from hitting the fan in the first place?
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