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CEO Nish Bhalla of Security Compass hacked into a bank’s security system and made a fraudulent account containing $14 million. He was given access to the system by the bank in order test the system’s capabilities. It was done in four steps, showing the ease of his method. This technique was similarly used in a

Many Americans are contemplating relocating to find better job placement. With the housing market on the rise, homes are moving toward book values, enabling families to sell at more reasonable prices. The housing market prevented most families from selling and relocating when the value of their homes were below what they owed. Read the full

Prepaid Cards are losing the fees and attracting the traditional banking consumer. With checking and saving account fees at all time highs, consumers are turning to prepaid cards to hold their money to avoid running up a credit card bill. Read the full article here. Related: Debit Card Fees: Which Banks Are Charging Them?

Teaching your teens about finance gradually, can promote a healthy and well-prepared financial life. Your children will become more apt at saving, they will recognize what they should spend on select goods and learn how to avoid heavy credit card debt by curbing their impulsive spending and giving them a sense of responsibility. Guiding them

College tuition is at an all time high and leaving many graduates regretting the investment. If they could do it over, many graduates say they would have changed spending habits, or tried to pay their own way through college, rather than taking loans. Read the full article here. Related: Is Student Debt Worth It?

Retirement benefits are based off lifetime earnings. Taking benefits before your full retirement age can greatly reduce the amount of money you receive monthly, as your payments will be permanently reduced. It is advisable to delay payments until full retirement age to collect full benefits. For the full article, read here. Related: Medicare Rise Could

Over 8,000 households in 2011 were taxed 100%, according to a French newspaper report. The surcharge was introduced by current President Francois Hollande to offset a rebate scheme implemented by former President Nikolas Sarkozy. The paper also reports that over 12,000 households were taxed 75% or more of their incomes in 2011. For more, read

EverBank is offering customers an automatic investing plan for its Metal Select Unallocated Account, which lets customers invest in a pool of metals. With the new Automatic Purchase Plan, customers agree to a minimum $100 monthly transfer from a companion EverBank account to the metals account. “The Automatic Purchase Plan takes advantage of dollar cost