1186 articles tagged with this keyword
News/Legal
Wedbush Securities is suing two former employees and dark pool operator Liquidnet for allegedly stealing trade secrets related to a new private shares trading business.
21 October 2011
A New Jersey man has sued Bank of America, JPMorgan Chase and Wells Fargo, claiming that they collude to fix the fees charged to withdraw money at ATMs.
20 October 2011
A German electronics engineer who helped criminal gangs clone credit and debit cards that were used to steal thousands of pounds, has been sentenced to three years in jail.
14 October 2011
A former Citadel quantitative financial engineer has been arrested and charged in relation to the theft of trading-related computer code.
Independent ATM operators in the US have filed an anti-trust lawsuit against Visa and MasterCard, alleging that the card issuers' rules artificially inflate and fix the price of cash machine access fees.
12 October 2011
A British woman has been given a police caution for attacking a cash machine with her high-heeled shoe.
27 September 2011
Flats and cars belonging to one of the ringleaders of the 2008 cyber-attack on RBS WorldPay, which led to the theft of over $9.4 million, have been auctioned off to compensate the bank, according to local press reports.
21 September 2011
Kweku Adoboli, the UBS trader allegedly responsible for losses of $2 billion in unauthorised trades, has been charged with fraud.
16 September 2011
The British government is to sue the European Central Bank over draft regulations that would force major clearing houses to relocate their operations away from the City of London.
15 September 2011
A US man has been sentenced to 14 years in jail for running an online business selling counterfeit credit cards that were used to steal more than $3 million.
12 September 2011
An ATM network operator employee has admitted stealing around $2 million from the bank he was looking after machines for.
09 September 2011
A New York hedge fund is suing the wife of its boss for $25 million, accusing her of hiring a firm to hack into a computer at their house and copy files, including "proprietary algorithms and investment strategies".
01 September 2011
Hedge fund Citadel has been granted a temporary restraining order against an employee it says transferred "massive amounts of highly confidential" information from its computer systems to external devices.
31 August 2011
Hong Kong police have arrested a man in connection with a cyber-attack earlier this month on the Island's stock exchange.
24 August 2011
Kabbage, a US start-up that provides working capital advances to online merchants, has raised $17 million in a series b funding round joined by Square co-founder Jim McKelvey.
17 August 2011
Comerica Bank has ditched plans to appeal the ruling of a Michigan court last month and has reimbursed a small business customer that was hit by wire fraud scammers.
03 August 2011
New York authorities have indicted two men accused of withdrawing more than $17,000 from ATMs using Dunkin' Donut gift cards that they had re-encoded with stolen bank account information.
02 August 2011
The FBI has arrested 14 people accused of involvement in last year's cyber-attack on PayPal's Web site by 'Anonymous' in retaliation for the company's closure of a donation account for Wikileaks.
20 July 2011
California-based Village View Escrow has become the latest US business to sue its bank after having its account drained by cyber-thieves.
19 July 2011
Three men who successfully stole millions of pounds in a concerted phishing campaign have been jailed for a total of 13 years and six months.
12 July 2011
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