The value of fraud losses last year was highest for bank transfers and payments, followed by cryptocurrency transactions, ...

“Payment fraud impacts all Americans across many ... Zelle once the banks saw that they were losing out to other money transfer platforms, such as CashApp, Venmo and PayPal.

Mandatory rules came into force in October, requiring banks to reimburse victims of bank transfer scams ... Two-thirds (67%) of fraud victims said getting their money back was their top priority.

Zelle makes it easy to transfer money from one bank to another ... obtains a user's access credentials and then transfers ...

Mule accounts are typically involved in money laundering schemes, where stolen funds are funneled through several accounts to obscure their origin, making it harder for authorities to trace the ...

If someone steals from your bank account, you’re protected right?  Unfortunately, it’s not always that clear cut since the ...

money transfer, fraud management, foreign remittance payout, cardless payout, banknote recycling solutions, and tax-refund services; and integrated electronic financial transaction software ...

By signing up for a money transfer app, you are, in essence, making it possible for anyone to send you a digital payment without viewing any of your secure account information, just your user ID ...

A 45 –year- old businessman facing 68 counts of fraud related charges has been remanded in custody by the Suva Magistrates ...

Previously, he was a managing editor at Credit Card Insider. Investopedia found Venmo to be the best money transfer app for the kinds of transfers people make all the time. It’s free to send and ...