ATLANTA - (05/18/06) A new study of onlinetransaction found that 90% of all unauthorized access to sensitiveinformation, like credit or debit card PINs, is being conductedthrough non-electronic channels, such as a lost or stolen wallet.The study, conducted by CheckFree, Visa USA and Wells Fargo,recommends that consumers replace paper invoices, statements andchecks, which can be stolen from unsecured locations, such asmailboxes, with electronic versions in order to help preventidentity theft. The study also recommends that consumers monitorbank and credit union account activity through the phone, ATM orInternet to detect potentially fraudulent activity more quicklythan through paper statements. The survey was conducted in Decemberamong 2,230 consumers 18 years of age and older by the MarketingWorkshop and Harris Interactive.
-
The government said it was responding to a jailbreaking risk that Anthropic says is minimal.
June 13 -
Lawmakers from both parties defended regional Federal Reserve banks against potential consolidation, arguing local economic perspectives are essential to ensure monetary policy remains sound.
June 12 -
The same groups want the Securities and Exchange Commission to drop its breach-disclosure rule while asking Congress to keep a confidential threat-sharing law.
June 12 -
The Dutch payment processor has agreed to acquire artificial intelligence-powered fintech biller Orb, its second acquisition in three months in an effort to speed development.
June 12 -
City National Bank appointed longtime executive David Cameron as chief operating officer; JPMorganChase is selling a limited-edition Lego version of its new midtown Manhattan headquarters; Esquire Financial Holdings received regulatory approval to complete its acquisition of Signature Bank in Chicago; and more.
June 12 -
CEO Lynn Harton said his Greenville, South Carolina-based bank struggled the past year to keep Navitas from overshooting the limit the bank set for its expanding portfolio, about 10% of total loans.
June 12











