U.S. federal prosecutors charged eight people on Wednesday in connection with a multimillion-dollar fraud that siphoned money from hacked accounts at banks and financial institutions, laundered it and sent it overseas.
Wells Fargo warned on Tuesday that its website is being targeted again by a distributed denial-of-service (DDOS) attack.
A New York startup company spun off from Citigroup is about to launch a service that can offer consumers recommendations for restaurants and other retail outlets, based on an analysis of billions of credit card transactions.
Citibank is starting a large trial of the use of mobile phones to make credit card payments at retail outlets and other points-of-sale in Bangalore, which the company is branding as "Citi Tap and Pay".
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