BAI

74 articles tagged with this keyword

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Woman cautioned for ATM shoe attack

A British woman has been given a police caution for attacking a cash machine with her high-heeled shoe.

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Creditcard.net domain sells for $138.000

Australian holding company Pixel Capital has paid $138.000 for the domain name creditcard.net as it bids to enter the US financial comparison market.

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BankSimple demos user interface as launch nears

BankSimple, the start-up hoping to take advantage of public disillusionment with the financial services industry by creating a bank that "doesn't suck", has provided a first glimpse of its user interface.

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Amex buys virtual currency firm Sometrics

American Express has acquired Sometrics, a virtual currency outfit targeting the online games community, for $30 million, according to TechCrunch.

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Google launches mobile wallet

Search engine giant Google has kicked off a new era in payments with the formal launch of its mobile wallet service and the announcement of new co-operation agreements with Visa, Discover and American Express.

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PayPal goes after the high street

PayPal is stepping up its bid to take on card companies Visa and MasterCard in the high street as the boundaries between online and offline merge.

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Global m-payments volumes set for rapid rise

Globally, mobile payments will represent 15% of all cards transactions by 2013, and will overcome plastic volumes within 10 years if growth continues at the same rate, claims the World Payments Report from RBS, Capgemini and Efma.

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Halifax, Bank of Scotland face customer backlash after Lloyds online merger hiccup

Millions of Halifax and Bank of Scotland customers have been unable to gain full access to their online accounts after a 'big bang' integration with the Lloyds Internet platform over the weekend.

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Small and mid-sized firms opt for human touch over online banking

Following the economic crisis, small and medium-sized American businesses are putting less faith in Internet banking, instead opting for the 'human touch', according to research from Greenwich Associates.

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Man pleads guilty to $2m ATM scam

An ATM network operator employee has admitted stealing around $2 million from the bank he was looking after machines for.

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Amex taps Twitter and Facebook for charitable giving; inspires stream of invective

American Express has launched a UK charity campaign, pledging 50 pence to the Prince's Trust every time someone shares on Twitter or Facebook something that inspires them.

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Cardless transactions are the future says South Africa's FNB

South Africa's FNB says it is "overwhelmed" by take-up of a novel cardless ATM service which enables customers to withdraw cash using SMS PIN codes sent to their mobile phone.

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Three approaches EC over exclusion from UK m-commerce JV

UK mobile operator Three has complained to the European Commission about an m-commerce joint venture set up by rivals Vodafone, O2 and Everything Everywhere.

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Multiple personalities: Financial services firms honing social media comms effort

Financial services firms are becoming more sophisticated in their use of social media channels, with many banks now using multiple profiles on Twitter and Facebook to target different audiences or provide specific services, according to research from Corporate Insight.

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Canadian wireless carrier Rogers files for banking license

Canadian telco Rogers has filed for a banking license so that it can issue its own credit cards and mobile wallets to its nine million-strong customer base.

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Microsoft presses RBA on virtual currencies

Microsoft is pressing the Reserve Bank of Australia to consider adjustments to the domestic payments markets to help consumers conduct transactions in virtual currencies, such as Facebook Credits and Microsoft Points.

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US cybercrime czar falls victim to skimmers

The Chair of the US Justice Department's Cybercrime Subcommittee, Jenny Durkan, has fallen victim to a gang of criminal skimming thieves who copied her bank card and drained her account of $1000.

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UK's largest bus operator joins contactless revolution

The UK's largest bus operator, FirstGroup, is to spend £27 million fitting contactless card readers to its fleet of vehicles nationwide, enabling consumers to tap in and pay for fares with their bank cards.

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ING Belgium secures online customers with Gemalto Ezio

ING Belgium has selected Gemalto's Ezio suite of end-to-end authentication technology to secure its million online banking customers.

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Innotribe contender miiCard secures funding; completes MBO

MiiCard, a digital passport outfit that is competing in the Innotribe start-up contest at Sibos this year, has raised £550,000 in seed funding and completed a management buyout.