As more consumers ditch checking accounts in favor of prepaid cards, some fraudsters are targeting cardholders in online scams. A recent New York Times story by Matthew Goldstein highlights that one particular financial product seems to have become the focus of regulators. It’s called MoneyPak, and it’s known as a “cash top-up card.” Rather than working
The FTC is raising awareness that those serving our country need to also be wary in guarding their finances.
The agency will no longer send printed benefit letters through postal mail.
Being a good Samaritan can be difficult, as Bankrate’s Jessica Patel found out recently. After finding a lost debit card on the subway, editor Patel called the number on the back to report it as lost. But rather than a quick phone call, she found herself facing Chase Bank’s automated phone system, which did not
Two Canadian 14-year-olds used an old ATM manual found online to hack into a Bank of Montreal ATM.
MasterCard is extending its zero liability policy to include ATM and PIN-based transactions.
Now that many banks let customers deposit checks using their cellphones, concerns about fraud are on the rise.
Bank executive allegedly committed 14 counts of bank fraud and other illegal activities.
Banks have felt major consequences from the Target data breach. What about credit unions?
Retailers ready to accept more secure chip cards if only banks would issue them.