Electronic payment system PayPal introduces new services that will bring the portal closer to the status of a real bank. It is about introducing traditional banking services, including issuing ATM-compatible debit cards, checks and FDIC deposit insurance, writes The Verge. Intending to do ...

Wells Fargo, a well-known bank, plans to upgrade all 13 of its ATMs next week. Now customers of this bank, instead of a regular card, can get cash using a mobile phone, writes sfgate.com. To access the money, customers must enter the 8-digit code received from ...

Customers at Safeway stores in Colorado and California were victims of cyber fraudsters who swiped their credit and debit cards while making purchases through payment terminals. “Safeway confirmed that it is investigating incidents involving the copying of data from bank cards in various chain stores,”...