Nexus S users think they're so cool with their built-in NFC chips, but now there's an easy hack that anyone can do to enable NFC Payments on an iPhone 4 (among others).
Citigroup says one percent of its credit card accounts have been accessed by hackers, which was brought to their attention by "routine monitoring". Citigroup has 21 million account holders, meaning as many as 210,000 accounts were viewed.
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]
If you ever wondered why our banks are failing, the answer, my friends, is greed. Greed that President Obama is trying to put an end to—starting with Citigroup's plans for a $50 million jet.
Citibank is claiming that we'll see a 3G iPhone in the US within 6 months. They argue that:
1. Apple's iPhone inventory is low
2. Europe wants a 3G iPhone
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…
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…
People who claim RFID marks the end of the world should probably step aside for a moment now that Citibank is starting to release credit cards that use the radio technology. The MasterCard PayPass looks like a ordinary keychain, but the embedded RFID chip replaces the traditional magnetic strip found on regular credit…