Source: consumer.ftc.gov
As is the case with any entity, banks’ relationship with their end customers is only as strong as the trust that exists between the two,...
Westpac, a bank operating in Australia and New Zealand, plans to enable customers to immediately block their account through its app or online banking. This...
They’re smart, they’re sophisticated and they’re on social media. A recently released report sheds light on the increasingly sophisticated tactics employed by financial scammers, revealing...
New York State Attorney General Letitia James announced a new bill designed to strengthen the state’s consumer protection law, saying the bill is needed at a...
Fraud is an adversarial game, and today’s fraudsters are exhibiting a level of organization that mirrors legitimate businesses. They follow schedules, deploy sophisticated technology, and...
Visa says its new anti-fraud disruption department saved potential victims $350 million last year. The company’s scam disruption practice, announced Tuesday (March 11), part of...
New Federal Trade Commission (FTC) data shows consumers reporting more than $12.5 billion in fraud losses last year. That number marks a 25% increase over...
Credit unions (CUs) have long prided themselves on being the “people’s bank” — local, personal and rooted in trust. But guess what? That makes them...
Scams against banks and their customers have exploded. Fraudsters pull at human nature in a bid to gain access to accounts and drain them —...