LifeLock's Wallet App Will Nuke Your Data Due to Security Concerns

LifeLock announced in a blog post that the company's Wallet app for Android and iOS may not be fully compliant with PCI security standards. Because of this, LifeLock has pulled the app—and set it to automatically delete users' data the next time it's opened. Talk about a thorough cleaning. » 5/17/14 2:00pm 5/17/14 2:00pm

Check Out These Totally Not Shocking Maps of Corporate Tax Avoidance

Ever heard of Goldman Sachs Structured Products Limited? How about GS Holdings L.L.C. II.? No? Both are nodes on a web of more than 4,000 holding companies, woven by the Goldman Sachs Group to evade taxes on its—let's see here—$8.61 billion in profits for Q2. It's an incredibly complex operation, and thanks to this… » 7/17/13 5:40pm 7/17/13 5:40pm

Simple Now Lets iPhone Users Save More Money With Goals

While nearly everything is moving over to a mobile experience, banking remains one of the last vestiges of the old world. But even that is slowly changing with the likes of Simple, a bank-less mobile service that mashes up the best bits of your existing bank and services like Mint. One of Simple's greatest features,… » 6/18/13 11:00am 6/18/13 11:00am

Your Voice Is Your Password with Barclay's Phone Verification System

The days of having to remember your childhood dog's mother's maiden name or what street your first high school mascot lived on could soon be a thing of the past. Barclay Wealth has recently introduced a verification system that uses biometrics, rather than random facts, to confirm your are who you say you are. » 5/09/13 6:40pm 5/09/13 6:40pm

One Day Your Credit Card Will Recognize Your Signature

A signature-based security approach is only effective if a cashier actually double checks what's scrawled across the back of a credit card. And even then, there's still plenty of opportunity for fraud since minimum wage clerks usually aren't capable of spotting a forged signature—but one day your credit card might be. » 3/08/13 10:45am 3/08/13 10:45am

Safe, Smart, and... Fun? The Surprising Science of ATMs

Using an automated teller machine is inherently risky. You stand there, your back turned, signaling to everyone around that you're about to have a wad of twenties in your pocket. If you're lucky, there's a security guard on duty. But usually it's just you and whoever is lurking in that little convex mirror. » 3/22/12 2:00pm 3/22/12 2:00pm