| Safeguard your online assets with good habits
NEW YORK - Do you think using online financial services is just too darn risky? Well, think again. Online banking may actually leave you less vulnerable to fraud than traditional banking, according to Javelin Strategy and Research. The research firm found that customers who made a habit of monitoring account activity online tended to discover suspicious activity more quickly. And early detection spelled savings: victims of cyber crime who tracked their accounts online paid out an average of $551 per incident, whereas those who relied on paper statements paid an average $4,543 per incident, reports MSN Money columnist Liz Pulliam Weston. If you choose to bank online, be aware that you are offering thieves another avenue to your finances. To ensure that you don't fall prey to cyber fraud, be sure to follow these tips from Weston's book, "Easy Money": .
Capital One Makes Pigs Fly!
McLEAN, Va. (Map) - MCLEAN, Va., Nov. 13 /PRNewswire-FirstCall/ - Capital One Financial Corporation (NYSE: COF) sent pigs into flight today to make a point about its new Rewards Money Market account that earns consumers travel miles for saving money instead of spending it. The commercial jet, a Skybus Airlines Airbus A319 featuring giant flying pigs on the exterior, will travel across the country for the next six months as a larger-than-life reminder that smart saving (putting your pennies in a Capital One Rewards Money Market account instead of a piggy bank) can really take you places. (Photo: http://www.newscom.com/cgi-bin/prnh/20071113/NETU092 ) The Capital One Rewards Money Market account, offering a competitive interest rate currently 4.00 percent Annual Percentage Yield (APY), is the first-ever savings account to offer rewards miles based on account balance.
19-11-2007: StanChart e$aver advocates flexible banking
KUALA LUMPUR: Standard Chartered Bank Malaysia Bhd has launched an online banking product, the e$aver, which is designed to complement regular savings or checking accounts. The e$aver offers high interest rates of up to 3.5% on savings while providing the flexibility of managing funds online with no lock-in period. Without the need for a minimum amount, it comes with no maintenance fee, no minimum balance fee, no over-counter fee as well as no StanChart ATM withdrawal fee. “With this latest initiative, we expect a total of 40,000 new sign-ups which would further strengthen our targeted 10% growth rate," said Shyam Srinivasan, StanChart Malaysia country head of consumer banking. An early bird bonus interest of 0.25% per annum will added onto the account for customers who sign up before Dec 31, 2007.
Carer facing jail for theft from patient
A CARER who fleeced a mentally disabled pensioner of thousands of pounds was yesterday told to prepare herself for jail. A jury at Newcastle Crown Court found Caroline Irvine, 47, guilty of exploiting her trusted position and plundering Edith Hall's bank account of up to £3,650. The mother-of-two, of Grange View in Widdrington, Northumberland, had denied theft and shook her head as the verdict was read out. She was released on bail and is due to return to court for sentencing on December 6, but told by Judge Michael Cartlidge to "prepare yourself for a prison sentence". The judge said: "This was a totally shameful fleecing of an elderly lady who could not tell the difference between a £5 note and a £10 note. "At one stage she took £1,400 in nine days.
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