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Stories about: money transfer


BlackBerry Gets MasterCard MoneySend Service

Today, MasterCard Worldwide announced the launch of a new service aimed at easing the manner in which people in the United States can transfer money from person-to-person, namely MasterCard MoneySend for BlackBerry Smartphones.According to the company, the new money transfer service is both easy and secure, and puts...

8 September 2010
16:21 GMT

New E-Payment Platform WePay Launches to Take On PayPal

PayPal, eBay's payment platform, will have a run at its position as the leading online money transfer system with the launch of WePay, a well financed California start-up. This is possible mainly because of the new group payment features and other security and accessibility options for its clients.The service sp...

2 April 2010
10:05 GMT

Over $500,000 Stolen from Construction Firm's Bank Account

New cases of fraudulent banking transfers that affect companies and organizations across the U.S. continue to be uncovered. A new incident involves a Maine-based company called Patco Construction, whose account was emptied of over $500,000 by Eastern European cybercrooks. The Washington Post reports that Patco'...

24 September 2009
05:45 GMT

The Clampi Banking Trojan Targets U.S. Schools

U.S. public and private schools alike should be in alert as the cybercriminal gang behind the Clampi Trojan has been targeting such institutions recently and walked away with impressive amounts of money. Security researchers say it is one of the most sophisticated and successful online banking fraud operations.The co...

15 September 2009
05:46 GMT

$300 Million Bank Heist Averted by Mistake

The trial of a 2004 failed heist at the European headquarters of Sumitomo Mitsui Banking Corporation is currently taking place at Snaresbrook Crown Court in London. The court was informed that the plan to steal £229 million failed because the criminals were not familiar with the SWIFT system used for transferri...

23 January 2009
06:45 GMT

Vodafone Asks for Easy Money Transfers

A financial transaction by mobile phones is not a new concept. The system has been available for some time now and could use certain regulations for making the entire process easier to handle and more accessible to its users.The importance of this type of services is clear especially when considering the fact that a ...

10 July 2007
03:39 GMT


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