citibanks

Jill Schlesinger, aka Aunt Jill of CBS MoneyMoney, fills in for Justin, who is waiting for the cable guy. I believe they told him they'd come sometime between today and next week between the hours of 6 a.m. and 9 p.m. (We all know how the cable guy loves to be on time).

On today's show, we talk about Facebook Places, a location-based check-in service. Say you're at a fantastic restaurant. You'll be able to check in with your mobile phone with GPS, leave comments about the food and service, tag your friends who … Read more

Citigroup denies it, but its Citibank unit was reportedly robbed of tens of millions of dollars, the victim of a cyberattack by members of a Russian criminal gang, says Tuesday's Wall Steet Journal (subscription required).

The attack was discovered this past summer, says the Journal, but investigators for the FBI and National Security Agency believe it could have happened months or a year prior. The two agencies have reportedly shared information with the Department of Homeland Security and Citigroup to defend against the attack. The investigation is supposedly ongoing, with no word on whether or not any of the … Read more

The rotten corpse of the Microsoft-Yahoo merger has apparently reanimated itself and is wandering down Wall Street, munching on the brains of News Corp. and Time Warner, recruiting them to its unholy cause. Sigh. In other news, Microsoft has a new Office subscription service, Blockbuster decided Circuit City just isn't worth it, and we debunk the Texas PC repair hysteria that's sweeping the blogosphere. Listen now: Download today's podcast

Microsoft seeks partners for new run at Yahoo http://online.wsj.com/article/SB121496732802022117.html http://news.cnet.com/8301-10784_3-9982741-7.html

Office subscription service ready to … Read more

Glitches continue to trouble Citigroup, as the financial-services company said Monday that some credit card customers were unable to access their accounts via the Web.

Reuters reported that an undisclosed number of Citicard owners could not access the card's online account service. This is the second such malfunction of one of Citigroup's sites in a week. Citibank saw intermittent outages to its Web site last Tuesday.

Reuters was not able to determine when the outage began.

The company issued a statement to the news service: "This is a temporary interruption and we anticipate that the site will … Read more

Citibank, the country's largest bank, saw intermittent outages to its Web site Tuesday that prevented an unknown number of customers from accessing their accounts.

"Earlier today we experienced an issue that has resulted in intermittent customer access to Citibank.com," the company said in a statement. "As we are addressing this issue, some users are experiencing slow response times. We hope to be operating normally shortly.

A customer service representative of the bank, a division of financial services powerhouse Citigroup, said the issue began this morning and that the glitch has prevented customers from paying bills … Read more

In response to a series of ATM robberies over the holidays, Citibank has drastically reduced the daily amounts its customers may withdrawal from ATMs. In some cases, customers of Citibank could once withdrawal as much as $2000 per day, depending upon the account. The new limits are around $500 per day for most customers.

Citibank attributes the action to reports of "skimming," the process of copying someone's ATM card and passcode or PIN, over the holidays. In one scenario, criminals may have mounted a false ATM reader in front of the genuine reader and later retrieved the … Read more