Questions tagged [financial]

50 questions
16
votes
2 answers

Can bankers' rounding be exploited to maliciously increase balances?

Everyone knows about the sure thing retirement strategy that is the Superman 3 exploit, but is there a way to exploit bankers' rounding to grab some of the less than half pennies "floating around out there"? Specifically, assuming that the internal…
Jim Bob
  • 303
  • 2
  • 7
2
votes
1 answer

Why does Paypal send TWO verification payments not just ONE?

The process would be easier if there was only one payment, but there must be some security or financial reason for Paypal to send you two random payments
Inge Kuijper
1
vote
4 answers

How does an organization completely delete records?

As given here: Permanently delete a record it is not fully possible to remove data completely. Then what do financial institutions do? Institutions that store authenticating delicate details? Even if those are encrypted and key deleted hard drive…