wire transfer

FBI found that money get through phishing are wired to Chinese companies

April 27, 2011 - 7:13am | Fraud | News
FBI found that money get through phishing are wired to Chinese companies

Money obtained through phishing in the United States go to China, says the statement from the Federal Bureau of Investigation.

Hackers who obtain money from compromised business computers wire them afterwards to Chinese companies located near the Russian border. The FBI says that while various attacks are used, the notice identifies ZeuS, Backdoor.bot and Spybot as the fraudsters’ favorite malware.

Intermediary accounts in New York are typically used as staging points for the final transfer.


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Bank wires are possible even if you don’t have a bank account, ask Perfect Money

February 19, 2010 - 1:18pm | Analytics | Articles
Bank wires are possible even if you don’t have a bank account, ask Perfect Money

 Perfect Money payment system has done one more step on its way to constant excellence in the financial services market by introducing the new function that allows online businesses to easily accept payments from their customers via bank wires even if they do not have bank accounts or proper experience and understanding in the wire transfer industry.


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How to accept payments by SMS, e-currencies and wire transfers on your site?

August 7, 2009 - 2:28am | Articles | Payment systems
How to accept payments by SMS, e-currencies and wire transfers on your site?

Making business online I have noticed that no matter how much money is invested in business you should ask the client about his/her preferences before offering your range of services. Sometimes it happens so that in addition to the close attention paid to the client you put the preferences of a target audience to the first place however the sales in the Internet shop still do not go all the way. What’s up?


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Listings on eBay may turn a $259,000 scam in fact

April 28, 2009 - 2:01am | Fraud | News
Listings on eBay may turn a $259,000 scam in fact

An eBay seller charged of defrauding buyers of $259,000 using fake eBay listings and other venues was ordered to serve 52 months in federal prison with $252,000 to be paid as a compensation, reports the register.

Derrick Lee Swantz, 57, of Lakewood, Colorado was indicted by a federal grand jury in Denver in October 2007 and in January, a jury found him guilty of one count of mail fraud and 27 counts of wire fraud.


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Fundtech to enable wire transfers at community banks

April 7, 2009 - 5:13am | Articles | Banks and internet banks
Fundtech to enable wire transfers at community banks

Fundtech Ltd., a provider of global transaction banking solutions, announced that it introduced its new version of PAYplus USA known as PAYplus Connect. It targets community banks that require a low volume solution at a low cost. PAYplus Connect will be offered on a SaaS (Software as a Service) basis and will provide community banks with the wire transfer features that large banks have, on an outsourced, pay-per-transaction basis.


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