PayPal: Friend or Foe to Banks?
Jennifer Kingson reports in Wednesday's American Banker on eBay CEO Meg Whitman's Monday keynoteand an interview following at this week's NACHA Payments 2004 conference in Seattle.
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Jennifer Kingson reports in Wednesday's American Banker on eBay CEO Meg Whitman's Monday keynoteand an interview following at this week's NACHA Payments 2004 conference in Seattle.
Saul Hansell reports in the New York Times on the phishing problem.
Phishing attacks are growing rapidly, impersonating Internet service providers, online merchants and banks. Government officials and private investigators say all signs point to gangs of organized criminals — most likely in Eastern Europe — as being behind many of the latest efforts.
Last week the General Accounting Office issued a report on cybersecurity technologies (PDF) appropriate for use in securing federal information systems.
The US Senate Special Committee on Aging held a hearing earlier today on the subject of Internet fraud affecting seniors. Several government and industry experts testified to the panel and transcripts of their testimony are available online along with an audio recording of the hearing.
InterCept has announced the sale of its InterCept Payment Solutions business for a total of $53.5 million. IPS was sold to two buyers -- iBill being purchased separately with the remainder of IPS acquired by Pay by Touch for $30.5 million.
Glenn Fleishman has an excellent article in the new issue of TidBITS on the "sender permitted from" anti-spam technique currently being developed.
Seth Lubove reports in Forbes on InterCept's sale of iBill. A company press release on the sale is available online.
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