Category: banking

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February 6, 2019

Many popular iPhone apps secretly record your screen without asking

Many major companies, like Air Canada, Hollister and Expedia, are recording every tap and swipe you make on their iPhone apps. In most cases you won’t even realize it. And they don’t need to ask for permission. You can assume that most apps are collecting data...


by Zack Whittaker in analyst
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February 4, 2019

Chat app Line injects $182M into its mobile payment business

Japanese messaging app company Line is pumping 20 billion JPY ($182 million) into its mobile payment business as it tries to turn things around following a challenging year in 2018. The company announced the infusion into Line Pay, a subsidiary that it fully owns, in...


by Jon Russell in Asia
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January 31, 2019

Step targets teens and parents with a no-fees mobile bank account and Visa card

A new mobile banking startup called Step wants to help bring teenagers and other young adults into the cashless era. Today, cash is used less often, as more consumers shop online and send money to one another through payment apps like Venmo. But teenagers in...


by Sarah Perez in Apps
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January 30, 2019

India’s largest bank SBI leaked account data on millions of customers

India’s largest bank has secured an unprotected server that allowed anyone to access financial information on millions of its customers, like bank balances and recent transactions. The server, hosted in a regional Mumbai-based datacenter, stored two months of data from SBI Quick, a text message...


by Zack Whittaker in Asia
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December 13, 2018

Robinhood launches no-fee checking/savings with Mastercard & the most ATMs

Robinhood is undercutting the big banks by forgoing brick-and-mortar branches with its new zero-fee checking and savings account features. With no overdraft or monthly fees, a juicy 3 percent interest rate, and a claim of more US ATMs than the five biggest banks combined, Robinhood...


by Josh Constine in Apps