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Posts Tagged ‘ banking ’

S&P Goes On Banking Downgrade Crusade

S&P Goes On Banking Downgrade Crusade

Standard & Poor's has taken their credit downgrade from the United States government to the banks that led to the countries downgrade. The agency announced on Tuesday that 37 banks around the world would be downgraded. In the ... continue
Bank Of America Uses “Under The Radar” Fee Increases After Dropping Debit Card Fee

Bank Of America Uses “Under The Radar” Fee Increases After Dropping Debit Card Fee

While on paper Bank of America dropping their $5 per month debit card fee was a small victory for customers the company has found new "under the radar" ways to once again increase the cost of banking ... continue
Dog Eats $1,000 Then Pukes Up $900

Dog Eats $1,000 Then Pukes Up $900

A Florida woman who left 10 $100 bills in an envelope for her husband to deposit when he returned home quickly learned that it was a bad idea when her husband realized the bills were missing. It ... continue
VISA’s incredible effort to protect your data

VISA’s incredible effort to protect your data

When one thinks of data security companies like VISA don't generally show up near the top of the list but the fact is they have a global security system that would probably equal some government agencies. At ... continue
Federal Deposit Insurance Corporation to Lose $19B in Bank Failures by 2015

Federal Deposit Insurance Corporation to Lose $19B in Bank Failures by 2015

The Federal Deposit Insurance Corporation, or FDIC, is set to lose about $19 billion covering bank losses from 2011 until 2015- which is, quite sadly, somewhat good news as the deposit insurance company was banking losses nearing ... continue
Online Banks Stealing Customers From Big Banks [Study]

Online Banks Stealing Customers From Big Banks [Study]

Fed up with your current big banks new debit card and other monthly fees? Perhaps now would be a good time to try out online banking. According to ThirdAge: "Banks such as PerkStreet Financial saw twice as many new ... continue
Rogers Canada not happy just gouging wireless and Internet customers it now wants to be a bank

Rogers Canada not happy just gouging wireless and Internet customers it now wants to be a bank

In Canada there are three or four major players when it comes to mobile and broadband access and it would seem that one of them is not happy just gouging its customers for that access but now wants ... continue
The International Monetary Fund hit by a sophisticated cyberattack

The International Monetary Fund hit by a sophisticated cyberattack

The New York Times has just posted a story that the International Monetary Fund (IMF) was hit by what security experts are calling an extremely sophisticated cyberattack. While there was no public announcement the IMF staff and board ... continue
Anonymous declares war on the U.K.

Anonymous declares war on the U.K.

Following the arrest of five people in Britain for their alleged involvement in the much talked about DDoS attacks in December 2010 against a number of websites for their involvement in cutting the cash flow to WikiLeaks. ... continue
Lazard CEO Bruce Wasserstein dead at 61

Lazard CEO Bruce Wasserstein dead at 61

CEO of one of the world's largest investment banks, Lazard Ltd, has died. Bruce Wasserstein, 61, was admitted to the hospital three days ago for arrhythmia, and was said to be in serious but stable condition. Wasserstein, a graduate ... continue
So you think your data is safe eh

So you think your data is safe eh

Data security is a touchy subject with many security companies trying to make you believe that places like banks and other institutions have gotten better over the years. The truth may be something far different if ... continue