I’ve spent over an hour on the phone w/my credit union today for what shouldn’t have been a call in the first place: adding my card to my phone for tap-to-pay. Every other card I’ve added has been a quick, automated process.
Aaaaand by the end of the call, it still wasn’t working.
I really want to support my local credit union, but this is unacceptable. I’ve been trialing Monzo for my pocket money; this may push me over the edge to use it for our joint account as well.
The Rs 330-Debit That Revealed A Sprawling, Illegal Government-Run Fraud
"It wasn’t a question of a Rs-330 loss to me. It was done without my consent. It was illegal. Besides, if you added it all up—Rs 330 deducted from thousands, maybe millions, of customers—the sum climbed to hundreds of crores," writes Hemant Gairola.
Banks Want Forged Paper Trails After Taking Money Illegally From Customers For Modi Govt's Flagship Schemes
Despite media exposés and frequent public complaints, banks nationwide continue taking money without authorisation from accounts to enrol customers in low-cost life-insurance and accident-insurance schemes launched by Prime Minister Narendra Modi.
To meet targets set by the union government, bank offices are now withdrawing money from accounts of many customers en masse, in some cases even forging customer consent and asking local offices to camouflage forgeries.
Someone in the IT department of my bank (Komerční banka) is acting smarter than they should be.
When I tried to log in to the Internet banking, I got a message saying that "OS Linux is no longer secure" and recommending that I use an up-to-date OS, e.g. Windows 11.
A night safe in a former bank building in the Govan area of Glasgow. Night safes were introduced in the 1920s as a way to allow businesses to deposit cash outwith the typical banking hours, making them one of the first moves towards to providing 24 hour banking services we now take for granted.
This is concerning on many levels, but a couple of questions I think deserve particular attention:
Firstly, what's the deal with those selfies? And how on earth does Revolut think it breaches GDPR to share selfies of a customer with the customer themselves?
Secondly how did the fraudsters manage to open bank accounts under the names 'Revoult Fees', 'Etsy', 'Google Workspace' and 'Uber Uber'?
It looks to me like multiple orgs messed up badly here!
BEWARE OF CRYPTO SCAMS! is the headline message on the newly updated #banking app, just below the banner ad of them trying to up-sell you insurance and then a pop-up for push notifications. Given that, and this bank's own history in financial fraud, crypto would seem right up their street, and I can see why it's an easy to believe scam.
A security breach exposed two-factor authentication (2FA) codes/password reset links for millions of users on platforms like Facebook, Google, and TikTok....
No, being right makes me right, and here’s me continuing to spoon-feed the ignorant and lazy. Look through that list and tell me that most institutions listed support TOTP. I won’t wait, because you can’t.
Sorry my first pick off google didn’t meet the high expectations you have for data you’re too lazy to even try to search for.
Are you forced by your #bank to use proprietary #apps? Have a look at background shared on the @fsfe 's discussion list by @floriansnow from a #FreeSoftware angle:
@StillIRise1963 My mother-in-law was grocery shopping on the Saturday after my father-in-law died. At the cash register she found out that the bank had locked the joint bank account and her access card.
Yes, that's not how joint accounts work, but imagine trying to get this fixed with a cart full of groceries.
Everyone should have a bank account and credit cards in their own name. #banking
Also on my walk on Monday night. Looked down and saw this. This was a federal program that was disolved in 1989 after the Savings and Loan scandal on turn 1980s. I was struck by the juxtaposition of the perminence of the stone and brass sign in the concrete and the fleeting nature of politics more generally.
If you were a (UK) business with more than 85,000 GBP to stick into savings accounts, how would you handle it?
Related but separate: I vaguely recall a service which keeps an eye on different banks' accounts' rates, and does periodic sweeps to make sure that no single account is outside the #FSCS coverage limit (of 85k) ... but I can't remember its name 🙄 #UkBusiness#Banking#FinancialServicesCompensationScheme#Interest#BusinessBanking#UK#AskFedi#Business#Savings
Business is good for Ukrainian banks. Last year, the country’s banks brought in record profits of Hr 130 billion ($3.5 billion) with the five top state-owned banks making 61.5% of the total. One of these banks is Oschadbank, the country’s second-largest state-owned bank after PrivatBank. In
Insurance firms lure bank employees with iPhones, foreign jaunts, kickbacks to push sales
Driven by illegal incentives, bank executives compel their staff to sell insurance anyhow, with customers paying the price in the form of unwanted policies.
Tech Company Leaks 2FA Codes/Password Reset Links for Major Platforms (techcrunch.com)
A security breach exposed two-factor authentication (2FA) codes/password reset links for millions of users on platforms like Facebook, Google, and TikTok....
Oschadbank CEO on doing business during war: ‘I wouldn’t characterize current climate as a disaster’ (kyivindependent.com)
Business is good for Ukrainian banks. Last year, the country’s banks brought in record profits of Hr 130 billion ($3.5 billion) with the five top state-owned banks making 61.5% of the total. One of these banks is Oschadbank, the country’s second-largest state-owned bank after PrivatBank. In