Tag: Scams

For many years, banks have promised not to send their customers correspondence that looks like scams. They would never ask ...

A consumer purchases a product and receives exactly what was described. However, they experience buyer’s remorse and want to return ...

For years, Walmart turned a blind eye to criminals who coerced victims into sending them wire transfers through its in-store ...

Nacha is expanding its support for banks and financial institutions in addressing elder financial abuse. The organization’s Payments Innovation Alliance ...

More than two-thirds of U.S. adults have experienced a financial scam or fraud in their lifetime, with nearly a third ...

In response to scams involving bitcoin ATMs that cost consumers more than $100 million annually, four Democratic senators have introduced ...

Criminals are continually looking for ways to circumvent fraud detection systems, and money mules have become a popular vehicle to ...

Consumers are increasingly turning to mobile banking applications as their preferred channels for financial interaction, in part because of the ...

Affluent families are increasingly targeted by criminals and financial advisors must take a more proactive stance to mitigate the cyberthreats, ...

As members of the older generation spend more of their lives online, they become increasingly susceptible to fraud. Fortunately, new ...