Archive

Posts Tagged ‘Bank’

Pirate Radio Station In Florida Jams Automotive Electronics

December 28th, 2012 12:05 admin View Comments

Piracy

New submitter titanium93 writes “For months, dozens of people could not use their keyless entry systems to unlock or start their cars when parked in the vicinity of the eight-story Regents bank building in Hollywood, FL. Once the cars were towed to the dealership for repair, the problem went away. The problem resolved itself when police found equipment on the bank’s roof that was broadcasting a bootleg radio station. A detective and an FCC agent found the equipment hidden underneath an air conditioning chiller. The man who set up the station has not been found, but he faces felony charges and fines of at least $10,000 if he is caught. The radio station was broadcasting Caribbean music around the clock on 104.7 FM.”

Source: Pirate Radio Station In Florida Jams Automotive Electronics

Bitcoins Join Global Bank Network

December 8th, 2012 12:31 admin View Comments

Bitcoin

another random user writes “Bitcoin-Central, a currency exchange that specialises in virtual cash, has won the right to operate as a bank. They got the go-ahead thanks to a deal with French financial firms Aqoba and Credit Mutuel. The exchange is one of many that swaps bitcoins, computer generated cash, for real world currencies. The change in status makes it easier to use bitcoins and bestows national protections on balances held at the exchange. Under European laws, the deal means Bitcoin-Central becomes a Payment Services Provider (PSP) that has an International Bank ID number. This puts it on an equal footing with other payment networks such as PayPal and WorldPay. As a PSP it will be able to issue debit cards, carry out real-time transfers to other banks and accept transfers into its own coffers.”

Source: Bitcoins Join Global Bank Network

Bank Puts a Billion Transaction Records Behind Analytics Site

November 8th, 2012 11:06 admin View Comments

Australia

schliz writes “Australia’s UBank has put a billion real-world transaction records behind a website that allows users to compare their spending habits with others of the same gender, in the same age/income range, neighborhood and living situation. The ‘PeopleLikeU’ tool surfaces favorite shops and restaurants surprisingly accurately — because it’s based on real customers’ transactions, it lists places like good takeout joints that wouldn’t normally come to mind when you think of a favorite place to eat. The bank says all data was ‘deidentified’ and it consulted with privacy authorities.”

Source: Bank Puts a Billion Transaction Records Behind Analytics Site

The Man Who Hacked the Bank of France

September 20th, 2012 09:33 admin View Comments

Security

First time accepted submitter David Off writes “In 2008 a Skype user looking for cheap rate gateway numbers found himself connected to the Bank of France where he was asked for a password. He typed 1 2 3 4 5 6 and found himself connected to their computer system. The intrusion was rapidly detected but led to the system being frozen for 48 hours as a security measure. Two years of extensive international police inquiries eventually traced the 37-year-old unemployed Breton despite the fact he’d used his real address when he registered with Skype. The man was found not guilty in court today (Original, in French) of maliciously breaking into the bank.”

Source: The Man Who Hacked the Bank of France

Spoken Commands Crash Bank Phone Lines

September 17th, 2012 09:24 admin View Comments

Security

mask.of.sanity writes “A security researcher has demonstrated a series of attacks that are capable of disabling touch tone and voice activated phone systems, forcing them to disclose sensitive information. The commands can be keyed in using touchtones or even using the human voice. In one test, a phone system run by an unnamed Indian bank had dumped customer PINs. In another, a buffer overflow was triggered against a back-end database. Other attacks can be used to crash phone systems outright.”

Source: Spoken Commands Crash Bank Phone Lines

Is an International Nuclear Fuelbank a Good Idea?

August 29th, 2012 08:36 admin View Comments

Power

An anonymous reader writes “A roundtable at the Bulletin of the Atomic Sciences explores the notion of nuclear fuel banks which would offer nations a guaranteed supply of low-enriched uranium if they renounce the right to enrich on their own. From the article: ‘The basic idea behind an international fuel bank is that it would, in a reliable and nondiscriminatory way, make emergency supplies of market-priced low-enriched uranium available to states that sign up to participate. States that opt for membership in a fuel bank would gain increased confidence that their access to reactor-grade fuel would not be interrupted. In return, they would renounce the right to enrich uranium and reprocess spent fuel on their own. Such an arrangement could be appropriate for a number of states. But for others, it might be less than ideal.’”

Source: Is an International Nuclear Fuelbank a Good Idea?

Astronomer Sir Bernard Lovell Dies At 98

August 7th, 2012 08:46 admin View Comments

Space

An anonymous reader writes “Sir Bernard Lovell, the founder of the Jodrell Bank Observatory and namesake of the Lovell telescope has died at the age of 98. The Mark 1 telescope, as it was known in the ’60s, was the only western telescope that could track the early Russian moon probes, which ensured its debts were paid off. However, the telescope is more famous for radio astronomy, including pulsar research, hydrogen line studies of the galaxy, and much more as other telescopes joined it in the Merlin network.”

Source: Astronomer Sir Bernard Lovell Dies At 98

Vietnamese Bank Issues Fingerprint-Enabled Debit Cards

August 7th, 2012 08:14 admin View Comments

Security

sweetpea86 writes “Mekong Development has become the first bank in Vietnam to launch fingerprint authentication enabled debit cards. Fingerprints are captured by Mekong Development at the point of opening an account, and then can be used, instead of a pin, to access funds. Not only has Mekong’s account base tripled through the use of fingerprint technology since its launch in June, but the deposit balance per debit card account is two times higher than a regular account.”

Source: Vietnamese Bank Issues Fingerprint-Enabled Debit Cards

Nuance Launches Siri Rival “Nina”

August 6th, 2012 08:15 admin View Comments

AI

redletterdave writes “Siri can send texts and emails, set alarms and reminders, surf the Web, ask questions, place calls, play music, and get directions. But would you trust Siri, or any of her similar rivals out there for Android, to pay your bank bill? Or report a lost card? Or set up an auto-payments for your bills? Even if you wanted to do these things, how does Siri even know you are who you say you are? Nuance has clearly thought about what’s missing from the voice recognition department, and unveiled its own solution on Monday, called ‘Nina.’ The Nuance Interactive Natural Assistant, or NINA, is a cloud-based AI that can be enabled in most business and enterprise applications thanks to a set of APIs and an open SDK for iOS and Android. Nuance calls Nina ‘a watershed of firsts for virtual assistants,’ mainly because she is the ‘first [VA] to understand what is said and who said it’ using voice-ID authentication software. Unlike Siri, Nina can help users manage their bank accounts, book flights and hotels, oversee and manage their investments, and more.”

Source: Nuance Launches Siri Rival “Nina”

Swiss Bank Threatens to Sue NASDAQ Over Facebook IPO

August 1st, 2012 08:22 admin View Comments

Businesses

jfruh writes “On the day of the Facebook IPO, the NASDAQ’s trading systems suffered multiple failures and couldn’t confirm buy orders for several hours. Big banks buying shares for their funds and customers placed multiple orders as a result, and bought more Facebook stock than they intended to as a result. NASDAQ has agreed to set up a fund to compensate them for their losses, but apparently this isn’t enough for Swiss bank UBS, which is threatening legal action.”

Source: Swiss Bank Threatens to Sue NASDAQ Over Facebook IPO

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