5 phishing scams you need to be aware of

Phishing uses the name of a trusted entity – often financial institutions – to get sensitive personal information such as passwords and credit card details via bogus email or texts.

The original article can be found here: http://www.foxnews.com/tech/2017/10/20/5-phishing-scams-need-to-be-aware.html

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US Rep Likens Consumer Financial Protection Bureau to 'Tyranny'


The United States Consumer Financial Protection Bureau has come under increasing fire from Republican lawmakers who now have the Trump administration to back their efforts. Long-time critic Rep. Jeb Hensarling, R.-Texas, who chairs the U.S. House of Representatives Financial Services Committee, compared the bureau to a tyranny in a recent interview. Hensarling reportedly is preparing a new version of the Financial Choice Act — the Republican-led effort to repeal and replace the 2010 Dodd-Frank Act — that would include CFPB reforms.

The original article can be found here: http://www.ecommercetimes.com/story/84319.html?rss=1

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Does Avaya Have a Post-Chapter 11 Prayer?


Is Avaya on the road to financial recovery? What will happen to business partners and customers if it is not? The company last month filed for Chapter 11 protection for itself and some of its United States subsidiaries — a move that makes it “the first major established technology company that’s dying as a direct result of the cloud,” according to Ian Campbell, CEO of Nucleus Research. However, the move actually is a strategic and tactical restructuring that’s meant to retire a heavy debt burden, according to John Sullivan, Avaya’s treasurer.

The original article can be found here: http://www.ecommercetimes.com/story/84282.html?rss=1

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This little gadget turns any headphones into wireless headphones

Apple just reported its financial results for the holiday quarter this past week, and it confirmed that it sold more iPhones during that three-month period than it has ever sold before.

The original article can be found here: http://www.foxnews.com/tech/2017/02/06/this-little-gadget-turns-any-headphones-into-wireless-headphones.html

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A restaurant in San Fransisco is plating food on iPads

With a prime location in San Francisco’s Financial District, Quince is widely heralded as one of the city’s finest restaurants.

The original article can be found here: http://www.foxnews.com/tech/2016/12/29/restaurant-in-san-fransisco-is-plating-food-on-ipads.html

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British bank reports 40,000 suspicious transactions in a single weekend

British financial institution Tesco Bank has announced that 40,000 of its accounts were subjected to suspicious transactions over the course of the weekend, with money being taken from 20,000 customers.

The original article can be found here: http://www.foxnews.com/tech/2016/11/07/british-bank-reports-40000-suspicious-transactions-in-single-weekend.html

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Odinaff Trojan Targets Banks, Financial Firms Worldwide


Symantec on Tuesday reported on a malware campaign that has targeted financial organizations worldwide for the past 10 months. Dubbed “Trojan.Odinaff,” it has infiltrated the banking, securities, trading and payroll sectors, as well as organizations that provide them with support services. Odinaff is used in the first stage of an attack, to get a foothold into a network. It provides a persistent presence, and lets users install additional tools onto the target network, Symantec explained.

The original article can be found here: http://www.ecommercetimes.com/story/83987.html?rss=1

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Amazon Drops Wells Fargo Student Loan Program Like Hot Potato


Amazon and Wells Fargo Education Financial Services this week suddenly ended a partnership to offer low-cost loans to college students, less than six weeks after announcing the program. Wells Fargo, the largest lender of private student loans among all U.S. commercial banks, had offered a 0.50 percent discount to Amazon Prime Student customers under the partnership. They were eligible for an additional 0.25 percent rate reduction if they enrolled in the bank’s automatic monthly loan repayment plan.

The original article can be found here: http://www.ecommercetimes.com/story/83884.html?rss=1

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Amazon Sidles Into Student Loans


Amazon has teamed up with Wells Fargo Educational Financial Services to offer Amazon Prime Students a 0.5 percent discount on private student loan interest rates, Wells Fargo announced last week. Wells Fargo is the largest private student lender in the United States among commercial banks. The Amazon discount can be added to the 0.25 percent discount rate Wells Fargo already offers for enrolling in an automatic monthly loan repayment plan, as well as any of the bank’s interest rate discounts tied to a global promotion.

The original article can be found here: http://www.ecommercetimes.com/story/83736.html?rss=1

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Microsoft Sees Fertile Ground in Cannabis Compliance


Microsoft has entered a partnership with Kind Financial to create an entity that will obtain government contracts to track seed-to-sale compliance in the legalized marijuana business. The new entity, Kind Government Solutions, will provide state, county and local municipalities with tracking information on marijuana sales to keep them in compliance with government regulations, said Kind Financial CEO David Dinenberg. Microsoft selected Kind to be a part of its newly created Microsoft Health and Human Services Pod for Managed Service Providers.

The original article can be found here: http://www.ecommercetimes.com/story/83627.html?rss=1

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Treasury Department Examines Internet's Impact on Finance System


Information technology — especially the Internet — can have a positive impact on the U.S. financial system. Used improperly, however, such tools have the potential to wreak havoc on the financial sector and consumers. The Office of the Comptroller of the Currency has launched an initiative on the future of e-commerce finance in light of technology innovation. While acknowledging the advantages of technology, the agency also is worried about the negative impact on financial markets and how it should direct its regulatory program in the future.

The original article can be found here: http://www.ecommercetimes.com/story/83413.html?rss=1

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Report Throws the Book at Yahoo


Yahoo is in the midst of a financial freefall, based on a report that claims the company’s deal book shows a muddled and confusing financial picture that has made potential investors nervous about any effort to salvage the business. Yahoo’s internal presentation for investors paints a picture of a company moving entirely in the wrong direction, according to the report. Slides show that Yahoo’s revenue, excluding traffic acquisition costs, is projected to drop 15 percent to $3.5 billion in 2016, compared with $4.1 billion a year ago.

The original article can be found here: http://www.ecommercetimes.com/story/83340.html?rss=1

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Rising iPhone ASP in Q1 hints at healthy iPhone 6s sales

Article Image In first quarter financial results announced on Tuesday, Apple’s average selling price (ASP) for the iPhone rose to $690.50, suggesting a fairly healthy demand for the iPhone 6s and 6s Plus which launched in September.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4d26943f/sc/28/l/0Lappleinsider0N0Carticles0C160C0A10C260Crising0Eiphone0Easp0Ein0Eq10Ehints0Eat0Ehealthy0Eiphone0E6s0Esales/story01.htm

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Data suggests Apple's iPhone Upgrade Program has moved 250K units

Article Image New data from Citizen’s Financial Group suggests Apple’s loan partner has financed some 250,000 iPhones through the newly launched iPhone Upgrade Program, according to calculations from investment firm Piper Jaffray.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4d10d5bc/sc/28/l/0Lappleinsider0N0Carticles0C160C0A10C220Cdata0Esuggests0Eapples0Eiphone0Eupgrade0Eprogram0Ehas0Emoved0E250Ak0Eunits/story01.htm

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Apple to spend $80M on Campus 2 visitor center

Article Image Apple is estimating a $79.9 million financial outlay to build a planned visitor center with store and cafe at the currently under construction Campus 2 site, according to a recent permit filing.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4cf53617/sc/28/l/0Lappleinsider0N0Carticles0C160C0A10C180Capple0Eto0Espend0E80Am0Eon0Ecampus0E20Evisitor0Ecenter/story01.htm

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Catcher, other Apple suppliers report setbacks rumored to be linked to iPhone 6s production cuts

Article Image Several of Apple’s Taiwan-based suppliers on Thursday announced financial setbacks, which could support claims of slowed production for the iPhone 6s and 6s Plus.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4cb51153/sc/28/l/0Lappleinsider0N0Carticles0C160C0A10C0A70Ccatcher0Eother0Eapple0Esuppliers0Ereport0Esetbacks0Erumored0Eto0Ebe0Elinked0Eto0Eiphone0E6s0Eproduction0Ecuts/story01.htm

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Apple to reveal iPhone 6s sales in fiscal Q1 2016 earnings call on Jan. 26

Article Image Apple will reveal its quarterly financial results for the first fiscal quarter of 2016 on Jan. 26, the company said on Monday, an important three-month period that accounts for new iPhone performance and holiday sales.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4ca39eed/sc/28/l/0Lappleinsider0N0Carticles0C160C0A10C0A40Capple0Eto0Ereveal0Eiphone0E6s0Esales0Ein0Efiscal0Eq10E20A160Eearnings0Ecall0Eon0Ejan0E26/story01.htm

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Apple Pay picks up 66 new banks, BJ's Wholesale Club store cards

Article Image Apple on Tuesday added another 66 financial institutions to its list of U.S. card issuers for Apple Pay, as well as promised support for BJ’s Wholesale Club store cards.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4c412076/sc/28/l/0Lappleinsider0N0Carticles0C150C120C150Capple0Epay0Epicks0Eup0E660Enew0Ebanks0Ebjs0Ewholesale0Eclub0Estore0Ecards/story01.htm

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Apple Pay gains support for 75 more US banks, including HSBC

Article Image Apple on Tuesday added 75 more U.S. financial institutions to the list supporting Apple Pay, most notably HSBC, which until now was only supported in its U.K. homeland.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4ad44084/sc/28/l/0Lappleinsider0N0Carticles0C150C10A0C20A0Capple0Epay0Egains0Esupport0Efor0E750Emore0Eus0Ebanks0Eincluding0Ehsbc/story01.htm

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