1159 articles tagged with this keyword
News/Legal
A US judge magistrate has ruled that a bank is not responsible for the loss of around $345,000 from a business customer account following a cyber-attack.
08 June 2011
A former senior employee of Ponzi scheme operator Bernard Madoff has admitted doctoring documents to deceive auditors, faking payroll records and lying to a bank to get a loan.
07 June 2011
A former Bank of America worker accused of stealing customer data and selling it on to crooks may have cost the firm at least $10 million.
27 May 2011
On the day Google unveiled its much anticipated mobile wallet, PayPal has filed a lawsuit against the search engine giant and two former staffers, accusing them of "misappropriating" m-payment-related trade secrets.
A former Bank of America computer programmer who planted malware on the firm's ATM systems, enabling him to make fraudulent withdrawals, has been jailed for 27 months.
24 May 2011
A British woman has been awarded nearly £6.2 million in damages after a botched facelift which contributed to the collapse of her financial and IT consultancy business.
A group of Viveo staffers have won a court victory over redundancies arising from the French vendor's acquisition by Temenos.
16 May 2011
The US Department of Justice has filed an antitrust lawsuit in a bid to block POS terminal vendor VeriFone's planned $485 million acquisition of rival Hypercom.
13 May 2011
The Boston Options Exchange (BOX) has filed a lawsuit against three bigger rivals, accusing them of infringing its price improvement processor patent.
11 May 2011
A US man has admitted trafficking hundreds of thousands of credit card numbers that resulted in the loss of more than $36 million.
26 April 2011
A Malaysian man has pleaded guilty to possessing stolen payment card numbers and admitted hacking into the Federal Reserve's computer network.
15 April 2011
A former AllianceBernstein employee has been charged with stealing software used to send and receive FIX messages from the investment firm.
14 April 2011
A former Barclays high street banker and an illegal immigrant have been jailed for a £3.2 million self assessment tax fraud.
11 April 2011
A former senior staffer has taken Bank of Ireland to tribunal after it fired him for sending e-mails containing "offensive" and "pornographic" images, according to the Irish Independent.
31 March 2011
A US man involved in a $2.9 million wire fraud scam targeting Citi has been jailed for eight years.
25 March 2011
Federal agents have arrested the alleged organiser of an international securities fraud ring that employed hackers, botnet operators and e-mail spam distributors to artificially inflate the value of penny stocks.
22 March 2011
Former Goldman Sachs programmer Sergey Aleynikov has been sentenced to eight years and one month in jail for stealing the bank's propriety high-frequency trading code.
21 March 2011
The London Stock Exchange has admitted that it unfairly dismissed former Turquoise chief executive Eli Lederman but is contesting other claims at his employment tribunal.
18 March 2011
The London Stock Exchange is being sued for unfair dismissal by Eli Lederman, the former chief executive of its Turquoise platform, according to Reuters.
15 March 2011
US authorities have charged 12 people - including several bank employees - in relation to a $10 million fraud conspiracy.
11 March 2011
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.