9/26/2006

Facebook expands to include more people

Filed under: — Aviran Mordo

Social-networking Web site Facebook said on Tuesday it has expanded to enable anyone with a valid email address to join the service.

Previously, a supported “.edu,” “.com,” “.org,” “.gov” or “.mil” email address was needed to register on Facebook.

“We are expanding to respond to the requests of millions of people who want to be part of Facebook, but haven’t been able to until today,” Mark Zuckerberg, founder and CEO of Facebook said in a statement.

Source: Reuters

Microsoft Spinoff Wallop Launches Test

Filed under: — Aviran Mordo

Wallop, a startup spun out of Microsoft Corp.’s research lab, is launching the test version of an online social networking site with the premise that people will want to pay extra to look good.

The company, which aims to compete with established brands like MySpace and Facebook, plans to sell graphics and other features people can use to decorate their personal profile pages.

Source: AP

Banks rated for ID theft

Filed under: — Aviran Mordo

Looking for a bank that protects well against identity theft? Bank of America, JP Morgan Chase and Washington Mutual are your best bets, according to a new report.

Out of 24 of the top financial institutions in the U.S., these three banks scored best in a test of their ability to prevent, detect and resolve ID theft, Javelin Strategy & Research said in its annual Banking Identity Safety Scorecard, which is slated to be released Tuesday. KeyBank and Marshall & Ilsley Bank also receive honorable mentions in the report.

Most banks do especially well in resolving identity fraud, such as dealing with disputed transactions on accounts, James Van Dyke, president of Javelin Strategy & Research, said in a presentation at American Banker’s 3rd Annual Identity Theft and Fraud Symposium.

Together the 24 banks covered by the Javelin Strategy & Research report cover about 60 percent of the U.S. banking market. The study probed 26 customer-facing capabilities and features of banks, online as well as offline. Mystery callers, for example, phoned banks to try out the customer service representatives, Van Dyke said.

Source: News.com

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