Bank of America Corp. said its online banking service has been restored to all customers, after being inaccessible to some users for most of the day Friday. The Bank of Charlotte, North Carolina, declined to say exactly how many of its 29 million online banking customers could not access their accounts during the blackout. The [...]
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New Consumer Credit Helps to Increase Credit Card Use
December 23, 2010 By Leave a Comment
Discover Financial Services announced recently that it made 349.6 million dollars in the fourth quarter of this year, according to a report by Dow Jones Newswires. This is largely the result of consumers to both increase their use of credit cards, and because they were more conscientious in paying their monthly bills. The figure of [...]
“Operation Payback” for WikiLeaks to Take Down Amazon, Paypal Using DDoS Attacks
December 9, 2010 By Leave a Comment
The Arrest of Wikileaks founder Julian Assange on sex charges appears to have sparked a cyber skirmish as his supporters targeted government and private websites that have taken action against Wikileaks, before some the supporters’ own pages were taken down in return. The attackers, who call themselves Operation Payback, have in the past few days [...]
We May Forget Credit or Debit Cards Soon, It will Replaced by Smartphones
August 5, 2010 By Leave a Comment
Mobile Service Providers AT&T, Verizon, and T-Mobile are attempting to give credit card companies a run for their money with the planned introduction of new smartphone technology. This technology will allow customers to use their smartphones as payment devices by merely waving their smartphones. Should the technology be successful, credit card companies might have a [...]
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