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Tag: ONLINE BANKING

Mint Keeps Your Personal Finances So Fresh and Clean

It used to be that tracking your money with a computer meant manually entering transactions and account balances, just as you would with the ledger at the back of your checkbook. Eventually, financial software matured enough to allow you to import your statements from some banks, as long as they were available to download in a specific format. Today, Mint automates the whole process for you, ...

After Phishing Attempt, Wife Bans FBI Head From Online Banking

Don't feel bad if you've recently fallen for an e-mail scam. They're not always easy to identify. Just ask FBI Director Robert Mueller. Mueller received an e-mail from his bank asking him to verify some account information. After entering said information, Mueller says he realized that the e-mail was part of a phishing scam. According to CNET News, he immediately changed his passwords and breathed ...

More People Managing Their Finances Online, Survey Finds

If at all possible, we here at Switched avoid making trips to the bank; on the fun-meter, the visits rank right up there with going to the dentist. Long lines, annoying forms, and rude tellers waiting for us once we walk in the door tend to be the normal experience, and it appears we aren't the only folks that feel this way, either. CNET News writes of a recent survey by the Gartner Group that ...

Computer Glitch Leaves Bank Customers Fuming, Ferrari-less

It's bad enough when your credit or debit card is rejected, but imagine if you tried to make a large purchase and were declined due to a computer glitch. That's what happened to customers of Barclays bank across southern England when a "faulty disc array" took out 1,500 ATMs along with phone and Internet banking services, altogether preventing merchants from processing purchases. According to ...

Court Busts Hacker Over $100,000-Stealing Trojan Horse

A man used hacking software to steal more than $100,000 from banking and brokerage accounts over a six-month period in 2007, according to Macworld. Alexey Mineev recently plead guilty to one count of money laundering in U.S. District Court. Mineev stole account numbers and passwords from users with a Trojan horse, which can pose as anything from a security patch to a screensaver. Then, he wired ...

As Economy Falters, Phishing and Spam E-Mail Scams Surge

These are scary times for those with retirement savings tied to the markets. As things plunge faster and further than they have in years, many are crying recession and worse, while some others are seeing a boom. Many of those in the latter group are scammers, preying on people looking for answers to make a quick buck. Phishing attacks are surging now as people are being a little more emotional ...

ID Theft Scarier Than Frustration

While most online businesses these days focus on using new technologies and techniques to improve and streamline user experiences, a recent study shows that perhaps they should instead be spending their time working to make their users feel more secure. The study, whose results come courtesy of Authentify Inc. (a company that specializes in technology that allows online transactions to be ...