PayPal users still stranded as site glitch continues
233730
OCTOBER 12, 2004  - A routine monthly code update performed Friday for the PayPal.com online payment Web site has caused havoc for users, many of whom have managed to access the site only intermittently since the changes were made
228018
HSBC customers face chaos on the bank holiday as a glitch leaves people unable to use its credit, debit, internet and cash machine services.
72279
EBay&#39;s online payments division, PayPal, will pay $169 million for an Israeli security company specializing in detecting online fraud, the companies said Monday. The deal should close within 30 days.Fraud Sciences, a private company, has developed technology designed to differentiate between real and fraudulent transactions. That technology will be folded into&#160;PayPal&#39;s antifraud systems, which will be &quot;significantly&quot; improved this year, eBay said.Fraud Sciences&#39; Chief Operating Officer, Yossi Barak, and founders Shvat Shaked and Saar Wilf will move to PayPal&#39;s technology and fraud management teams.PayPal lets two users exchange money online via e-mail addresses. The ease at which people can transfer money has also made it one of the most highly targeted brands for phishing scams, where fraudulent Web sites mimicking real sites are set up in order to steal people&#39;s log-in details.PayPal has taken other steps to shore up its defenses. Early last year, it began offering a keychain with a one-time numeric passcode that users enter in addition to their log-in and password. The passcode expires after 30-seconds, which greatly reduces a hacker&#39;s window of opportunity to get access to someone&#39;s account.PayPal has also pushed for free e-mail providers to&#160;block e-mail sent without digital signatures. That would potentially mean fewer scam e-mails would land in people&#39;s inboxes, reducing the chance of fraud, although providers have yet to make a unified commitment.&#160;
566493
Still no accounts, now a profit warning too...
486652
A coding error during routine upgrade maintenance at online payment Web site PayPal.com has created havoc for users, who have had only intermittent access to their accounts since Friday.
274239
PayPal (Nasdaq: PYPL) says it has recovered from the software glitches that disrupted the online payment service starting Friday, October 8th.
567509
Falls off the internet the best place to go for something awful - is recovering from Domain Name Server problems yesterday that left the site unaccessible for many users.â¦
523305
EBay and PayPal, once the primary lures used by phishers to trick e-mail users into giving up personal information, aren&#39;t as popular as they used to be.According to security vendor Sophos, which monitors&#160;spam and phishing&#160;e-mails to catch new blasts and determine trends, the number of messages pretending to be from eBay or its payment subsidiary PayPal has dropped from 85 percent of all phishing e-mails a year ago to 21 percent in September.&quot;That&#39;s an impressive turnaround by anyone&#39;s standards,&quot; said Graham Cluley, senior technology consultant at Sophos, in a prepared statement.Cluley attributes this drop in part to&#160;online initiatives&#160;by eBay and PayPal to educate their customers about phishing scams, and to PayPal&#39;s launch earlier this year of an&#160;authentication keyfob&#160;that creates a dynamic password for customers concerned with fraud.Sophos says the amount of phishing attacks circulating have stayed relatively consistent over the past year, but now phishers are using different tactics to try and fool recipients. Phishers are beginning to diversify by spoofing small credit unions, other online retailers, and overseas companies, he says.Network World is an InfoWorld affiliate.
377513
Money marooned Abbey, the banking group, has been having problems with its website, which has left customers unable to administer their accounts for more than 24 hours.â¦
388877
Customers will have to wait to use its gift cards.
156574
Most members of the online payment service Paypal should be able to log on to the Web site after five days of intermittent service outages and furious repair efforts, the company said.
204748
eBay battles several days' worth of PayPal glitches.
102364
(InfoWorld) - After making a series of decisions that frustrated some merchants, eBay is wooing store owners. If a speech from Bill Cobb, president of eBay North America, hints at future relationships between the company and its sellers, the message is toÂ keep your doors open. During a Thursday keynote at eBay's annual sellers convention, Cobb pledged not to increase merchant selling fees this July and said that the stores category will return to the eBay page header within 30 days. In addition to offering its main auction listings, eBay allows merchants to set up shops and sell wares at fixed prices. Last July relations between store owners and eBay grew contentious when eBay announced an effort "rebalance the overall eBay marketplace," which had seen store listings eclipse auctions listings. The rebalancing meant higher store fees as of last August, and in April the stores tab was removed from eBay page headers. "For eBay Stores, the last 10 months have been a transition. We are committed to the long-term success of eBay Store owners," Cobb said. While store owners didn't welcome last August's fees, Cobb said he is pleased with the realignment's progress. Additional efforts to court store owners include 24-hour phone support for Featured eBay Store owners and a reduction in Anchor Store monthly fees. Among a raft of other initiatives for sellers, Cobb announced a temporary reduction in the Final Value Fee, a charge tacked on to an item's final selling price. Visual navigation, in which photographs play a prominent role in navigation, will be introduced to more categories. PayPal president Rajiv Dutta addressed merchant security during his portion of the keynote. "We heard the message on fraud. We know it's a top challenge. I am personally committed to keeping fraudsters off the site," Dutta said. In an effort to combat phishing, PayPal, eBay's payment division, will make theÂ PayPal Security KeyÂ available to all eBay and PayPal users on Friday. The security key device, previously in beta testing, generates unique security codes in 30-second intervals. Users then enter the code when logging on to their PayPal or eBay account. In August PayPal will launch a payment review system that flags "transactions that pose a risk." The questionable transaction is highlighted, and the seller is told to wait on shipping the item until PayPal confirms that the buyer's account contains adequate purchasing funds. Meg Whitman, eBay president and CEO, opened the keynote and emphasized that the company is suited to reach its goal of connecting people through three of its divisions. Finding, buying, communicating, entertaining, and paying are main Internet activities, she said. eBay fulfills the buying aspect, PayPal handles payment functions, and VoIP provider Skype, which the company purchased in 2005, provides communication services. "The lines between finding and buying are blurring. At the core the company is about connecting people," Whitman said. As eBay executives discussed staying linked and protected, some sellers said theyÂ felt a disconnectÂ from the company. "I'm happy to hear that stores are going back in the header," said Maria Ginter, who sells furniture and home decor on eBay. Ginter was less impressed thatÂ eBay is no longer advertising on GoogleÂ after a spat this week over a Google event to promote its own online payment system, Google Checkout. "That's how people find my furniture," she said. Deb Martin, who sells collectible figurines on her store wanted to hear of security efforts to crack down on dishonest buyers who create new user identifications solely to commit more fraud. "Buyers have no incentive to keep their name. They just restart their IDs and log back in." She also questioned the merits behind the temporary fee reduction and saw it as an effort to boost quarterly revenue and benefit shareholders. Although eBay is emphasizing its auctions, one merchant thinks that form of e-commerce has faded. "A lot of people are over bidding. They're just buying now," said Judy Pykhoff, who operates the Red Cougar Trading Post store on eBay.
336282
PayPal Outage Effects Online Retailing and eBay  eBay Inc.'s online payment system PayPal said on Tuesday that account data and personal information were not compromised by a glitch in the new system update that has resulted in some users not being able to log into their accounts and also PayPal not ...
308466
Michael Barrett, chief information security officer at PayPal, knows exactly why his company is often targeted by phishers: It has 133 million customers moving around a lot of money. He talked about how PayPal is fighting back.
253158
PayPal&#39;s problems arrive at the very start of the crucial holiday selling season. Users began to note problems on Friday following a software upgrade, eBay said.
301070
Some customers are concerned that domain registrar and hosting firm can't handle early move to Daylight Saving Time.