Tag archive: banks

In May, Google announced Google Wallet, its innovative new smartphone payments platform. (Broad details about the announcement can be found here.) But how will you, a smartphone owner, actually use this technology? To help answer that question, we've broken down of how all of this works. What it does Using an embedded NFC (near-field communications) chip, Google Wallet is an open platform (and an Android app) that will allow you to use… Read More

The US Department of Justice has charged the owners of three of the largest Internet gambling sites for violating a cacophony of laws, including anti-gambling laws, money laundering and bank fraud, Reuters reports. The sites include Full Tilt Poker, Absolute Poker and PokerStars. New York prosecutors have issued restraining orders against 76 bank accounts in 14 countries that they say these companies used to launder billions of dollars in… Read More