There are many benefits to keeping your funds in a bank account, but one of the main reasons many people keep their money at a bank rather than under the mattress is the added security this provides.
Criminals stole more than £629m through payment fraud and scams in the first half of 2025, according to new data from UK Finance, marking a 3% rise compared with the same period last year. The trade ...
What Is a Bank Scam? A bank scam is a deceptive and fraudulent scheme that targets individuals' financial transactions, personal information, or assets for illicit gains. These scams come in various ...
Bank scams are no longer easy to detect simply with a close eye and skepticism; they look and sound nearly identical to legitimate alerts. Fraudsters target victims through email links, text messages ...
Prices go up. Population goes up. And to complete this unhappy trinity, banking scams go up. A new report from BioCatch, a behavioral biometrics company specializing in financial crime prevention, ...
Losing your life savings to fraud is not a distant fear; it is a real and growing risk. Scams involving criminals pretending to be bank representatives have surged, with the Federal Trade Commission ...
Noel Phillips can’t believe he was cleaned out so quickly — and easily. The New York millennial was bled dry earlier this year by a group of scammers who used phone number-spoofing technology — ...
Fraud continues to surge across the U.S., with criminals employing increasingly elaborate schemes to steal your savings. Consumers reported losing over $12.5 billion to fraud in 2024, a 25% increase ...
Phishing is a form of cybercrime where criminals disguise themselves as trusted organisations; banks, fintech apps, or even delivery companies to deceive you into sharing sensitive details. You get a ...
Banking in 2025 resembled a year on the Florida coast. Much of the first half of the year remained calm, quiet and balmy, with consumers enjoying steady, relatively high yields on their certificates ...
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