Sneakers, the film about a team of hackers and social engineers who break into banks just to test their security, isn’t just a film. People really do get to do that for a living — people like Moran Cerf. Here’s how he held up a bank without breaking a law. More »
Two hacking groups, Anonymous and Team Poison, have joined forces to take on the banks, steal money and donate it to charities and protests. Reclaiming the “99 per cent’s money back”. More »
Apparently at least one “major Australian financial institution” is looking to test NCR’s fancy new video conferencing Automatic Teller Machine. Aside from the usual touchscreen options, customers can be directly connected with a teller so they can ask questions about their account, and even — wait for it — organise a home loan. More »
Heading to the ATM to pick up some quick cash is just another part of life here in the West. But how do you introduce that part of the banking experience into developing nations? Why, with biometrics, of course. More »
Citgroup says 1 per cent of its credit card accounts have been accessed by hackers, which was brought to their attention by “routine monitoring”. Citigroup has 21 million account holders, meaning as many as 210,000 accounts were viewed. More »
The WSJ is reporting that many banks are thinking about creating a limit on how much you can spend on your debit card. Specifically, JP Morgan Chase & Co is thinking about setting a $US100 maximum per transaction. More »
