Chinas central bank is considering regulations that would significantly limit the use of third-party payment systems, including the payment arms of Alibaba Holding Group and Tencent Holdings Ltd. The Peoples Bank of China released draft rules last week to major banks for consultation, state media reported on Monday. They would also heavily limit spending by […]
By Jim Finkle BOSTON (Reuters) – A cybersecurity firm said on Tuesday that it uncovered stolen credentials from some 360 million accounts that are available for sale on cyber black markets, though it is unsure where they came from or what they can be used to access. The discovery could represent more of a risk […]
Authorities recently announced the indictment of 13 people for participating in a $2.1 million card-skimming scam that targeted gas stations throughout the United States. According to the Manhattan District Attorney’s Office, the defendants are accused of using skimming devices at gas stations throughout the South and laundering the money through ATMs and banks in New […]
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