Banks, Online Banking | featured news

Facebook announced that it is testing an online-banking service with Australia's Commonwealth Bank expected to debut this year. The new system lets people make payments to other Facebook users, and will become a test of how well Facebook can handle the deep-science realities of financial privacy and security.

A study of a widely used system to provide security for Internet shopping, banking and other services showed that it failed to work correctly in a small number of cases.

Capital One Financial Corp has won the bidding for ING Groep NV's U.S. online banking operations, the Wall Street Journal reported on Thursday.

First they showed up in your e-mail. Then they found their way onto Facebook. Now ads are coming to your checking account.