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« March 22, 2004 | Main | March 24, 2004 »

March 23, 2004

PayPal: Friend or Foe to Banks?

Tags » Banking Industry, Money Transfer, NACHA

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.

Phishers Luring the Unwary

Tags » Phishing

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.

GAO Reports on Technologies for Securing Federal Systems

Tags » Security

Last week the General Accounting Office issued a report on cybersecurity technologies (PDF) appropriate for use in securing federal information systems.

US Senate Holds Hearings on Internet Fraud

Tags » Phishing

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.

Pay by Touch Acquires Intercept Payment Solutions

Tags » Biometrics, Merchant Acquirers, Pay By Touch, Processors

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.

"Sender Permitted From" Anti-Spam Technique

Tags » Phishing

Glenn Fleishman has an excellent article in the new issue of TidBITS on the "sender permitted from" anti-spam technique currently being developed.

iBill's New Buyer?

Tags » Processors

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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