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1answer
140 views

Do financial institutions have a legal obligation to reopen a closed account if money is sent to that account? [closed]

This is a follow-up to a question I asked on Money.se: The credit union cited the Automated Clearing House regulations as the reason they reopened my closed account when a third party tried to send ...
11
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1answer
581 views

Do 95 percent of the world's ATMs use Windows XP?

Reuters claims: Windows XP currently supports around 95 percent of the world's ATMs. Is that true? In the same article, it is said: The U.S. software company first warned that it was ...
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0answers
172 views

If Mint is hacked will I lose my money? [closed]

This question crops up from time to time and a recent example of the ensuing discussion can be found in this reddit thread: Concerns About Mint. The gist of the issue is that Mint, a financial ...
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0answers
67 views

What 'openness' information are EU officials asking of the Vatican? [closed]

NY Times edition Sunday March 10 has an article on reform within the Vatican Bank. Vatican representatives are reported to have said "How can you ask such questions?!" What questions were asked ...
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2answers
758 views

Do banks typically lose as much money as they make in the long term?

Nicholas Nassem Taleb makes the following passing statement in his latest meditation on the nature and management of risk (Antifragile): ...businesses with negative optionality (that is, the ...
15
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1answer
4k views

Are businesses required to cut up credit cards?

There are several movies and tv shows in which a character attempts to use a credit card, only to find that it's been cancelled. This usually results in the card being cut up. In the trailer for the ...
3
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1answer
716 views

Did Libya's Central Bank offer loans at 0% interest?

I just watched The illuminati Exposed By Muammar Gaddafi. It's a really good watch (especially for us skeptics), but at one point they said that the reason Muammar al-Gaddafi was overthrown was, not ...
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2answers
4k views

Is posting my bank account number online unsafe?

With a credit-card number, validity date and CVV-code, people can make purchases, so this information should be strictly protected. But if I post my bank account details online (IBAN + BIC/SWIFT), ...
12
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1answer
3k views

Is there a $15 trillion fraud involving Yohannes Riyadi and the HSBC?

According to Lord James of Blackheath speech in the UK House of Lords there's evidence that a $15 trillon conspiracy/fraud is going on. In particular he says: "Today, I have this quite ...