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AlertPay announces the integration of OpenCrypt into its system

AlertPay announces the integration of OpenCrypt into its system

  An online payment services provider AlertPay announced the integration of OpenCrypt, a comprehensive membership and user management software, into its platform to allow its customers to more easily manage their membership. According to the statement published on the company... (Continue reading)

PayPal suspends account of security researcher for showing its SSL vulnerability

PayPal suspends account of security researcher for showing its SSL vulnerability

A PayPal account of an independent security researcher Moxie Marlinspike, an author of thoughtcrime.org website, was suspended by the online payments company on the grounds he used their services for accepting payments for “items that show the personal information... (Continue reading)

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MoneyGram announces no fee money transfer for Australia and New Zealand

MoneyGram announces no fee money transfer for Australia and New Zealand

MoneyGram International, a leading global money transfer company, announced today that it would temporarily waive its money transfer service fee from Australia and New Zealand to Samoa and Tonga, as part of a coordinated effort with its money transfer... (Continue reading)

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BofA won’t increase interest rates before the CARD Act comes into effect

BofA won’t increase interest rates before the CARD Act comes into effect

  This week Christopher Dodd, chairman of the Senate Banking Committee, released the letter that stated Bank of America won’t lift rates or make any changes in terms on consumer credit card accounts before the reform legislation comes into effect... (Continue reading)

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Fiserv introduces Merchant Acceleration Program

Fiserv introduces Merchant Acceleration Program

Fiserv, Inc., the leading global provider of financial services technology solutions, today announced the launch of its Merchant Acceleration Program (MAP), an initiative to increase the awareness and adoption of merchant capture by businesses. Merchant capture is a... (Continue reading)

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Western Union cooperates with Maxis to launch m-money transfer

Western Union cooperates with Maxis to launch m-money transfer

The Western Union Company, a global leader in money transfer, and Maxis Communications Berhad (Maxis), Malaysia’s leading mobile communications service provider, announced today that they are working together to launch a service that would allow Maxis subscribers to send... (Continue reading)

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Merrill Lynch comes back to the stage with its brand and more workforce

Merrill Lynch comes back to the stage with its brand and more workforce

  Bank of America Corp announced its plan to spend $20 million in the fourth quarter of 2009 to relaunch Merrill Lynch’s name and long-time bull logo. Now the former Merrill Lynch and & Co’s operations will be known under... (Continue reading)

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BofA announces CashPro® Online banking service for corporates

BofA announces CashPro® Online banking service for corporates

  Bank of America Merrill Lynch today announced the launch of its new CashPro® Online banking channel, which features intuitive technology that allows commercial and corporate clients to move beyond transactions to focus on their core businesses. The result of... (Continue reading)

Lehman Brothers wants to give out assets directly to creditors

Lehman Brothers wants to give out assets directly to creditors

The administrator for Lehman Brothers Holdings Inc plans to seek permission to remove the claims against the bank from British courts and give out assets directly to creditors, the Wall Street Journal said, citing a joint administrator for the... (Continue reading)

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Bank of America needs an emergency CEO as Lewis is pressed to resign

Bank of America needs an emergency CEO as Lewis is pressed to resign

  An emergency CEO is considered for appointment at the criticized Bank of America Corporation. If the legal issues force Kenneth Lewis to resign before the end of the year the company plans to find a replacement. BofA started working... (Continue reading)

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