Upgrade Your Citibank iPhone App If You Want To Keep Your Personal Data Private

Citibank's iPhone app accidentally saved private user data such as passwords, account numbers, and bill payments in a hidden file on phones. No security breach has been reported, however Citibank is urging its customers to upgrade their app to fix the flaw and delete any saved information. [WSJ via Fast Company] »7/26/10 3:22pm7/26/10 3:22pm

Nokia, Cingular Team for Pay-by-Phone Service in NYC

Nokia, Cingular, Citibank and Mastercard have all gathered around in a festive orgy to begin offering a trial pay-by-phone service in the NYC area. The cellphones will use the NFC (near field communications) credit card/cellphones and the already in-place Mastercard PayPass system. Folks will be able to walk up to a… »12/15/06 11:06am12/15/06 11:06am

Citibank Releases Biometric Finger Scanning Payment System

Citibank has developed a system of payment that uses a person's fingerprint as the conduit of sale. Over in the high-tech wonderland of Singapore, Citibank is releasing the biometric scanners at places where people's time is "more valuable," like train stations, coffee shops, etc. Right now, the biometric scanner is… »11/22/06 9:35am11/22/06 9:35am