BNET Business Dictionary

Business Definition for: Blocked Account

  • a bank account from which funds cannot be withdrawn for any of a number of reasons, for example, bankruptcy proceedings, liquidation of a company, or government order when freezing foreign assets

Additional Resources

Arab aid to Palestinian Authority blocked: official
RAMALLAH, West Bank AFP — Aid pledged by Arab countries to the cash-starved Palestinian Authority has been held up, a senior Palestinian official said, blaming foreign opponents of the Hamas government. The funds had reached the Arab League, but their transfer to the authority's bank account had been blocked,...
Tags: Agence France-Presse, AMR Research, bank, Government, SOFTWARE
Research articles 2006-04-22
Law Firm Proposes Class-Action Suit For Blocked Xbox Live Users
A boutique Texas law firm establishes a forum for Microsoft Xbox 360 owners who feel they were unfairly banned from the company's Xbox Live service, in the interest of filing a class action suit against Microsoft. Following the decision by Xbox 360 console maker Microsoft to ban users from the...
Tags: Console, Microsoft Xbox, Microsoft Xbox Live
News items 2009-11-22
Social networkers find a new space
Comments 9 Social networkers are deserting MySpace in droves. MySpace has lost more than half of its market share in the past year even though Australians have doubled the amount of time they spend on social networking sites in that period. New figures released by Nielsen this week revealed that...
Tags: Facebook, MySpace
News items 2009-10-14
Google confirms Gmail phishing attack
Computerworld - Google confirmed today that passwords for its free Gmail online e-mail service had been harvested by hackers, but downplayed the phishing attack as involving just a "small number" of accounts. Earlier Tuesday, the BBC reported that both Gmail and Yahoo Mail had been targeted by a large-scale identity...
Tags: Google Inc., Google Gmail
News items 2009-10-06
Hackers publish Hotmail users' passwords
MICROSOFT has blocked access to thousands of Hotmail accounts in response to hackers plundering password information and posting it online. Cyber-crooks evidently used "phishing'' tactics to dupe users of Microsoft's free web-based email service into revealing account and access information, according to the US technology giant. "We are aware that...
Tags: user, Microsoft Corp., MSN Hotmail
News items 2009-10-06
Scammers exploit public lists of hijacked Hotmail passwords
Computerworld - Scammers have grabbed the Hotmail passwords that leaked to the Web and are using them in a plot involving a fake Chinese electronics seller to bilk users out of cash and their credit card information, a security researcher said today. "We've seen a 30% to 40% increase in...
News items 2009-10-08
Obama, CNN Twitter accounts hacked
Social networking tool Twitter was hit by a major hacker attack on Monday, with several "high profile" accounts -- including that of President-elect Barack Obama -- taken over by computer criminals, the firm said. The hackers then impersonated a series of famous users by sending out fake, sometimes embarrassing messages....
News items 2009-08-07
Chad threatens to halt oil production over row with World Bank
N'DJAMENA AFP — Chad will suspend oil production from April 18 unless it can recover funds that have been blocked by a British bank because of a dispute between N'Djamena and the World Bank, Human Rights Minister Abderamane Djasnabaille said. "The decision was approved by the cabinet this morning....
Tags: Agence France-Presse, Chad, Citigroup Inc., FINANCE, hospital, World Bank
Research articles 2006-04-14
U.S. Bank issues warning to ignore hoax e-mails
ST. PAUL, Minn. AP -- U.S. Bank warned consumers on Monday to ignore e-mails that appeared to have been sent by the Minneapolis- based bank asking for account numbers and other confidential information. The e-mail notifies receivers that their U.S. Bank accounts have been blocked because "we have...
Tags: U.S. Bank
Research articles 2004-01-20
U.S. Bank Officials Warn Consumers to Ignore 'Phishing' E-Mail Scam.
By Sheryl Jean, Saint Paul Pioneer Press, Minn. Knight Ridder/Tribune Business News Jan. 20--U.S. Bank officials warned consumers across the nation Monday to ignore e-mail scams that appear to be sent by the Minneapolis-based bank in an attempt to obtain bank account...
Tags: U.S. Bank
Research articles 2004-01-20
E-Mail Sent Claiming to Be for U.S. Bank Exposed as Scam.
By Michelle Starr, York Daily Record, Pa. Knight Ridder/Tribune Business News Jan. 20--E-mails stating that a person's U.S. Bank account was blocked because information was compromised is a scam. "We have noticed some activity related to your account that indicates...
Tags: U.S. Bank
Research articles 2004-01-20
Gmail, Yahoo Mail join Hotmail; passwords exposed
Computerworld - Google's Gmail and Yahoo's Mail were also targeted by a large-scale phishing attack, perhaps the same one that harvested at least 10,000 passwords from Microsoft's Windows Live Hotmail, according to a report by the BBC. Microsoft, for its part, said late yesterday that it had blocked all hijacked...
Tags: Google Inc., Yahoo! Inc., Google Gmail, phishing, British Broadcasting Corp., MSN Hotmail, Yahoo! Mail
News items 2009-10-06
Google Voice Invites Now Available
The innovative telephony app Google Voice is now making invitations available to new users, according to an announcement on the Official Google Blog . Users with existing accounts can send up to 3 invitations and the rest of us can request invites via ...
Tags: Google Inc., Phone
News items 2009-10-13
Judge Will Not Sign Off on BofA, SEC Bonus Pact
By Jonathan Stempel NEW YORK (Reuters) - A federal judge refused to approve a proposed settlement between the U.S. Securities and Exchange Commission and Bank of America Corp BAC over the payment of bonuses to Merrill Lynch & Co employees, saying he was unable to determine if it was fair...
Tags: Settlement, SEC, Bonus, Merrill Lynch & Co. Inc., Bank of America Corp.
News items 2009-08-10
Why Bad Things Happen to Good New Products
The article raises some questions like: why should promising products from highly respected companies fail despite clear evidence of market need, strong marketing support, and real enthusiasm and energy from salespeople. It is a question that has puzzled generations of product managers whose meteoric rise to corporate fame has been...
Tags: Product, Contact Solutions, Sales Strategy, Sales Force Management, Sales
White papers 2003-01-01
Bloggers Use Filtering to Fight Back Against PR Spam
In brief: Email filtering is now starting to be used by bloggers to block and delete PR spam before it even reaches the intended recipient There really haven't been many consequences to spamming journalists with unwanted PR pitches -- until now. ...
Tags: Agency, Blogger, Blogging, Corporate Communications, Internet, Jon Greer, Journalist, Marketing, Public Relations, Security, Spam, Spam And Phishing
Blog posts 2008-05-12
Intermedia.NET Launches First 1 Gigabyte Business-Class Email Plans; Leader in Microsoft Exchange Hosting Will End Era Of 100 MB Mailboxes
NEW YORK -- Intermedia.NET, the US leader in on-demand Microsoft Exchange hosting for small and medium businesses, announced the first 1 gigabyte business-class email plans. The company, which hosts over 100,000 business email accounts, aims to free users from the tyranny of "your account is full" messages, IT department threats,...
Tags: e-mail, leader, Microsoft Corp., Microsoft Exchange Server
Research articles 2006-06-02
Frank and Dodd: Bailout Naysayers Got Big Finance Industry Bucks
Frank and Dodd: Bailout Naysayers Got Big Finance Industry BucksRE: Frank and Dodd: Bailout Naysayers Got Big Finance Industry BucksBarney Frank has shown me nothing - especially not critical thinking - only crisp one liners on Bill Maher's show.DWRE: Frank and Dodd: Bailout Naysayers Got Big Finance Industry BucksDodd and...
Tags: Benefits, finance, Dodd, Bailout Naysayers, Big Finance Industry Bucks
Discussion threads 2008-09-23
Parmalat shares crash, key executive resigns
MILAN AFP ? Shares in distressed Italian food giant Parmalat crashed by 48.59 percent to 1.15 euros in early trading and were then suspended. Initially the share fell by 55 percent when trading was resumed Thursday after a suspension for the first three days of the week. On Friday...
Tags: Agence France-Presse, bondholder, FINANCE, Manufacturing, payment
Research articles 2003-12-11
NBA rookies put up the numbers
Carmelo Anthony of the Denver Nuggets and LeBron James of the Cleveland Cavaliers head an NBA rookie class that is the most productive in 10 years. Rookies account for 4.5% of the points, assists, steals, rebounds and blocked shots produced in the league through Sunday's games. If they maintain...
Tags: Games, league, NBA
Research articles 2004-04-13
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