Financial Services Industry

Retailer faces uphill battle in $13M lawsuit against Visa, analyst says

Genesco claims it was unfairly fined by Visa over a 2010 data breach

Fujitsu names UniCredit as first European customer for palm-scan authentication

Fujitsu's palm-vein scanners are an order of magnitude better than fingerprint scanners, the company says

Banks crack down on cyber-based account takeovers

Only 9 percent of corporate account takeover cyberattacks resulted in money being transferred in early 2012, a survey says

Botnets for hire likely used in attacks against US banks, security firm says

The attacks are very sophisticated, security researchers say

7 Hot Mobile Startups to Watch in 2013

Security lessons from 2012

DDoS attacks on banks, cyberwarfare should be high on security agendas

New website aims to bypass block on payments to WikiLeaks

Payments will be made through a new organization called Freedom of the Press Foundation

Citigroup cutting IT jobs, shifting some work offshore

Tech staff seen heavily impacted by Citi plans to lay off 11,000 workers

Construction company, bank, settle dispute over $345,000 cyber heist

Both had sought to hold the other responsible for theft

NYC corporate partnership seeks fresh financial tech

Winners of the annual contest will be able to get their technologies in front of finance executives