Tag: VISA

Visa announced plans on Wednesday for a new personal payments service, with which U.S. customers can send or receive funds from any Visa credit, debit or prepaid bank account across the world. Much like with PayPal, customers with Visa accounts at participating banks will be able to swap money by entering the sixteen-digit account number, e-mail address or cell phone number associated with the ...

A teenager in the Netherlands has been arrested after he confessed to participating in the recent pro-WikiLeaks cyberattacks on Visa and MasterCard. According to a press release from the Dutch National Office, the 16-year-old boy is part of the recently notorious online group called Anonymous, which has been orchestrating distributed denial of service (DDOS) attacks on all companies that have ...

At the moment, Visa.com is down. Earlier today, a group of 4chan hackers known as Anonymous crippled MasterCard's website with a distributed denial-of-service (DDOS) attack, claiming that it had done so to punish MasterCard for its refusal to transmit funds to controversial website WikiLeaks. As the group promised earlier today via Twitter, Anonymous has now successfully taken down Visa.com. ...

A group of pro-Wikileaks hackers has claimed responsibility for taking down MasterCard's website this morning, in an apparent retaliation against the company's decision to suspend payment operations to Julian Assange's notorious whistleblowing organization. The MasterCard site reportedly fell prey to a distributed denial of service (DDOS) campaign, which flooded the site with so many requests ...

In June, MasterCard announced plans to begin testing a smartphone payment system for mass transit commuters in the New York-New Jersey metropolitan area. Now, the credit card company is reportedly allowing nemesis Visa into the venture, as well. As Reuters reports, the joint program will allow commuters to wave their credit or debit cards over electronic readers to purchase tickets, in lieu of ...

Earlier this month, AT&T and Verizon announced a joint venture to test a new system that would allow customers to pay for products with their smartphones. Now, Bank of America and Visa have followed in their footsteps, and, as Reuters reports, will begin testing their own smartphone-payment system next month.The test run, which will take place in New York from September through the end of ...

The still-nascent field of smartphone payment systems may be getting a lot more crowded, since AT&T and Verizon Wireless have become strange bedfellows in testing a new system that allows store customers to pay for products with their smartphones. According to sources close to the deal, the test system would be similar to those already implemented in the U.K., Turkey and Japan, where ...

Robbing a bank may no longer be the cinematic feat it once was, but as one North Carolina banker has proven, it can now be way more insidious. 37-year-old Rodney Reed Caverly, from Charlotte, has been charged with one count of computer fraud after allegedly installing malware on several Bank of America ATMs over a seven-month period ending in October 2009. As Wired reports, the former Bank of ...

Federal and state taxes levied on cigarettes have increased exponentially recently, but anything over, say, $1-million per pack seems a bit steep. According to FOXNews, at least three consumers in Tennessee, Texas, and New Hampshire were each charged $23 quadrillion ($23,148,855,308,184,500) after purchasing cigarettes with Visa debit cards. ...

Representing yet another example of how vulnerable your personal information is online, data (including credit card numbers, names, and addresses of approximately 22,000 people) showed up on Friday morning in a Google cache. The worldwide breach affects consumers predominately in the U.S. and the U.K., and gave away credit card numbers for multiple card companies. The majority of the data seems to ...

We have seen no greater example of exactly why we are in our current dire financial straights than the new MySpace-branded credit card. In what we can only assume is a conspiracy by News Corp (owner of MySpace, Fox News and the Wall Street Journal) to ensure that the younger generation will be subject to the same crippling debt that we are, the social networking service has lent its brand name ...

In response to popular concerns with online credit card fraud, Visa Europe has announced a newly designed credit card, complete with a keypad and digital number display, according to the Daily Mail. While the credit card is of the usual size and features a credit card number and magnetic strip for use with conventional card readers, it does not have a security code number in the traditional ...