Kakkar murder: How Vora helped Palande

Kakkar murder: How Vora helped Palande Mumbai: Why did stockbroker Gautam Vora go out of his way to allegedly provide material and logistical support to a murder accused on the run? After Voras arrest on Monday, Crime Branch officers are now sleuthing to determine if he is in any way connected to Karan Kakkars murder. Cops have not ruled out the theory that Vora may have instigated the prime accused Vijay Palande to bump off Kakkar....
12:35 PM, Apr 24, 2012

MasterCard, Visa warn of possible security breach

MasterCard, Visa warn of possible security breach New Delhi: Global credit card giant MasterCard is investigating a possible breach of cardholder information, says The Wall Street Journal. The breach was reported by Krebs On Security blog and which also said that MasterCard's rival Visa was also informing card-issuing banks about a breach involving a US-based payment processor. None of the credit card companies have indicated which payment processor was the source of the breach. WSJ quotes MasterCard...
08:58 PM, Mar 30, 2012

Bangalore: Pay property tax through cards

Bangalore: Pay property tax through cards BANGALORE: This year property tax collection is likely to be a paperless transaction. Citizens can pay their property tax to BBMP through their debit and credit cards, if everything goes as planned.BBMP Commissioner M K Shankarlinge Gowda directed the revenue officials to prepare for property tax collection for the year 2012-13 which will start from April 1, 2012. He has directed them to make facility for e-payment where public can...
10:02 AM, Mar 07, 2012

Which credit card personality are you?

Which credit card personality are you? Managing finance is a complex task and it's very easy to fall into a debt trap if you misuse the power of free credit. Credit card provides you the power but it never suggests that this power is unlimited. You have to pay the dues at the end of the free credit period but some customers are always on the top of the defaulter list. To avoid getting into trouble...
11:26 AM, Mar 03, 2012

Google Wallet a security risk: Researchers

Google Wallet a security risk: Researchers Reuters: Security researchers said they found a vulnerability in the Google Inc mobile payments platform which is currently available in phones sold by Sprint Nextel Corp. Mobile payment services that allow consumers to pay by waving their phone at a check-out terminal, instead of using a credit card, have long been available in Japan and some other countries but are only just emerging in the United States. Isis, a venture...
10:19 AM, Feb 11, 2012

Hackers steal Israeli credit card numbers

Hackers steal Israeli credit card numbers Jerusalem: Computer hackers published details of thousands of active Israeli credit cards after breaking into Israeli websites, the chief executive of Israel's largest card company said Tuesday. Dov Kotler, CEO of Isracard, a unit of Bank Hapoalim, said in a statement that a file containing 400,000 Israeli credit card numbers had appeared on the Internet but the company found that most were incorrect or invalid. Israeli media reports said a...
04:54 PM, Jan 03, 2012

Chennai: four arrested in credit card fraud

Chennai: four arrested in credit card fraud Chennai: In a major crackdown on credit card fraudsters, the Central Crime Branch of the Chennai Police has arrested a four member gang in Chennai. In the last one month three such gangs have already been nabbed for using various methods to commit frauds with both credit and debit cards. Additional Commissioner, Crime Abhay Kumar Singh said, "Before the credit cards come to the customer, they are intercepting by some...
09:28 PM, Oct 31, 2011

Chennai: four arrested in credit card fraud

Chennai: four arrested in credit card fraud Chennai: In a major crackdown on credit card fraudsters, the Central Crime Branch of the Chennai Police has arrested a four-member gang in Chennai. In the last one month three such gangs have already been nabbed for using various methods to commit frauds with both credit and debit cards. Additional Commissioner, Crime Abhay Kumar Singh said, "Before the credit cards come to the customer, they are intercepting by some mechanical...
06:37 AM, Oct 31, 2011

Hiking savings rate may be a bad idea: Experts

Hiking savings rate may be a bad idea: Experts New Delhi: The war continues. RBI has been continuously showering interest rate hikes on the advancing inflation, making GDP growth the sacrificial lamb in the process. On Monday, RBI yet again spiked up rates another 25 basis points even as GDP growth targets were revised downward to sub-8 per cent levels. March-end inflation projection, nonetheless, remains unchanged at 7 per cent. So the question now turns to the high cost...
05:01 PM, Oct 25, 2011

Rs 8.2 cr lost annually in credit card fraud

Rs 8.2 cr lost annually in credit card fraud New Delhi: In what is seen as a problem that could affect the aa aadmi, estimates show that Rs 8.2 crore is lost annually in India due to credit card fraud. From Kumar Mangalam Birla to the aam aadmi, there have been all sorts of victims. Ram Shanker Shukla from Lucknow got the biggest surprise when he recieved SMS alerts saying Rs 20,000 were deducted from his bank account and...
09:55 AM, Oct 10, 2011

US credit card fraud: 13 NRIs among 111 charged

US credit card fraud: 13 NRIs among 111 charged New York: At least 13 persons of Indian origin are among 111 people charged in the busting of a $ 13 million global crime ring, the biggest in US history involved in forged credit cards and identity theft. Announcing the uncovering of the ring on Friday, Queens county district attorney Richard Brown called it the largest and perhaps most sophisticated ring of its kind in US history. Authorities hired translators...
09:44 PM, Oct 08, 2011

Google offers credit card to advertisers

Google offers credit card to advertisers San Francisco: Google Inc is introducing a credit card for its advertising customers, offering its clients a credit line to try and drum up business as competition in the online ad market heats up. Google is offering the card to select US clients with what it calls a competitive interest rate, an ample credit line and no annual fee. The catch: it can only be used to buy search advertising...
07:43 AM, Jul 21, 2011

WikiLeaks getting credit card funds

WikiLeaks getting credit card funds London: WikiLeaks has again begun accepting credit card donations, a company affiliated with the secret-spilling site said Thursday. Andreas Fink, the chief executive of Icelandic payment processor DataCell, told The Associated Press that Visa and MasterCard were again processing payments to WikiLeaks after a seven-month hiatus. Fink claimed the move as a tacit admission of guilt from the credit card companies, but it may well have been accidental. Visa Europe...
07:28 AM, Jul 08, 2011

Google launches Wallet pay-by-phone system

Google launches Wallet pay-by-phone system New York: US shoppers soon will be able to use mobile phones to pay for things at the checkout counter under a system unveiled by Google Inc and other major companies. Google, MasterCard, Citigroup, Sprint and transaction processing company First Data will make the service available this summer in New York and San Francisco, Google said on Thursday. The service, which competes with plans by Visa and other top US...
12:44 PM, May 27, 2011

Google to unveil mobile payments

Google to unveil mobile payments New York: Google Inc will take the wraps off a mobile payment system on Thursday that lets consumers pay at checkout with phones instead of cards, a source said, hoping to beat Visa and others to the punch. The Internet search and advertising leader will work with MasterCard Inc, the world's second-largest credit and debit card processing network, to launch the system, the source familiar with the matter told Reuters...
09:39 AM, May 25, 2011
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