Online banking

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/Online banking

RSA hacked: SecurID two factor authentication data leaked

RSA has warned customers of a security breach that may have compromised its SecurID two-factor authentication system, which is widely used by banks around the world to protect their internal and customer-facing online banking systems.

/Online banking

Banco Sabadell moves into personal financial management

Spain's Banco Sabadell is the latest bank to begin offering customers personal financial management capabilities as part of its online banking operation.

/Online banking

UK spends more time on social media than any other online activity

Social media has overtaken entertainment as the biggest single activity online in the UK, new figures have revealed.

/Online banking

Mizuho's ATMs and Web banking knocked out

Amidst a surge in demand for cash, Japan's Mizuho Bank has been beset by computer problems that have knocked out its ATM network, Internet banking service and money transfer system.

/Online banking

More than M-Pesa, African banking gears itself for growth

Oti Ikomi, senior VP at Ecobank, a South African-based, pan-African banking group, talks with Finextra about the rise of the middle class in Africa and its affects on the continent's banking industry at Fundtech Insights 2011 in London.

/Online banking

Zopa sees surge in demand as banks fail to meet consumer interests

UK peer-to-peer lender Zopa is reporting a surge in consumer interest as traditional banks continue to tighten credit lines and milk the spreads on interest-bearing loans.

/Online banking

UK banking fraud losses at their lowest for a decade

Fraud losses on UK cards, cheques and online banking in 2010 fell to their lowest level since the turn of the century, according to new banking industry data.

/Online banking

Zeus trojan infiltrates Blackberry - Trend Micro

The Zeus banking trojan has made its way onto Blackberry mobile phones, reports security firm Trend Micro.

/Online banking

HSBC to issue credit card sized Internet banking keycode device

HSBC is to issue all customers with a one-time password code reader that can be used without the need to insert a Chip and PIN card.

/Online banking

South Korean bank Web sites hit by DDoS attacks

Several banks are among the victims of a spate of distributed denial-of-service (DDoS) attacks in South Korea that have also hit government Web sites.

/Online banking

Citi to beta bill payment aggregator Manilla

Citibank is to participate in a beta roll-out of Manilla, a free personal account management service that helps consumers securely manage all of their household accounts including bills, finances, travel rewards programs and subscriptions in one place online.

/Online banking

Police guard CBA cash machines as glitch hits transaction processing

Police guards have been stationed at Commonwealth Bank ATMs after a system outage at the bank disrupted online banking, mobile and telephone transactions and caused some cash machines to spit out large amounts of cash to customers with no funds.

/Online banking

Fiserv acquires M-Com

Fiserv has acquired mobile banking and payments firm M-Com for an undisclosed sum.

/Online banking

Italian police to play central role in protecting banking IT assets

Italian payments processor SIA-SSB is partnering with the national police to develop a collaborative plan to prevent and combat criminal and terrorist attacks on critically important banking and finance IT systems.

/Online banking

Zeus man-in-the-mobile attack targets Polish ING customers

A version of the infamous Zeus Trojan is taking aim at the mobile phone-based two-factor authentication system used by ING's Polish unit.

/Online banking

Call centres, self-service and smart phones

Andrew Small, global head of customer relationship management, BT Global Services, discusses their new consumer survey, which reveals some surprising statistics about the behaviour of smart phone users.

/Online banking

EC launches public consultation on e-signatures

The European Commission has launched a public consultation on electronic signatures and identification as it bids to boost e-business and e-commerce across the continent.

/Online banking

Visa joins PFM bandwagon with new spend management tool

Visa has launched a personal money management tool for bank customers to categorise and track their spending across multiple Visa card products.

/Online banking

Boy racks up £1k on mum's card buying Xbox Live virtual goods

A mother who used her debit card to buy her 11 year old son Xbox Live membership received a nasty shock when she discovered he'd employed the details to spend over £1000 on virtual goods.

/Online banking

US identity fraud plummets - Javelin

The number of American identity fraud victims dropped by 28% to 8.1 million in 2010 with total losses also down $19 billion on the previous year, according to an annual report from Javelin Strategy & Research.