Computer fraud may be a big problem for banks today, but the telephone is becoming a critical tool for fraudsters, bank executives say.

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The ITU World Telecommunication Policy Forum (WTPF-09) opened today in Lisbon, Portugal setting the course for the future development and growth of information and communication technologies (ICT). WTPF-09 focuses on key policy issues driving the current ICT environment and which will guide future regulatory and standardization efforts worldwide.

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ANNAPOLIS, MD–(Marketwire - April 20, 2009) - TeleCommunication Systems, Inc. (TCS) ( NASDAQ : TSYS ), a global leader in mission-critical wireless communications technology, will hold a conference call on Thursday, April 30, 2009 at 5:00 p.m. Eastern time to discuss results for the first quarter ended March 31, 2009. Financial results will be issued in a press release after the close of the …

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The House oversight committee has asked the National Telecommunications Commission to immediately collect a 5-centavo broad spectrum fee from telecom companies for their text and all other telecommunication transactions.

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David S. Pottruck, the former chief executive of Charles Schwab , is close to joining Exigen Capital , a small technology-focused private equity firm, according to a person briefed on the situation.

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BANKS will take the lead to roll out banking and payment services using mobile phones instead of telecommunication companies, said Financial Insights, a unit of IDC, an IT research company.

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