Lack of Database Management Makes Italy’s Banking Crisis Even Worse
Most people will remember the ongoing banking crisis in Italy, for which no solution has been found yet. But the country is not giving up on these banks, …
Tag: Finance
Uber and Bankaool Partner To Issue A New Debit Card In Mexico
In an exciting new partnership, ride-sharing giant Uber is teaming up with Mexican online bank Bankaool. As a result of this collaboration, a new Mastercard will be issued under …
Major Banks Take First Steps Towards Creating Industry Standards For Blockchain Technology
In a rather surprising turn of events, the blockchain solution being developed by central banks will be made open source. This news came as a major surprise to cryptocurrency …
Gauging The True Impact of Identity Theft
October 19, 2016
News, Security, Technology
Identity theft is a serious concern, especially now that more and more consumers actively use the Internet on a daily basis. Those who are victims of ID theft often …
Brazil Will Only Use Registered Currency Come January 2017
The financial turmoil in Brazil is far from over. The country’s banks have taken new measures to take on the widespread usage of cash in the form of unregistered …
Criminals Step Up Their Card Skimming Game With Bluetooth-Enabled Tools
Credit Card Skimmers have been a significant threat to card paying users for quite some time now. Skimming has become all the more popular lately, even though the trend …
Cash Remittances From US To Mexico Increase Significantly
The financial sector is a very interesting creature when taking all things into consideration. Despite presidential candidate Donald Trump threatening to cut off remittance cash flow from the US …
Symantec Uncovers New Plot To Attack SWIFT Network With Odinaff Trojan
October 13, 2016
Finance, News, Security, Technology
Many people will recall the attacks conducted against the SWIFT payment network earlier this year. Even though SWIFT itself was never breached during these attacks, connected banks proved to …
Citigroup Exits Developing Markets By Spinning Off Consumer Businesses
For banks and other financial institutions to remain profitable during these challenging economic times, they have to cut their losses at every possible turn. For Citigroup, that means selling …