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Having your bank account raided by scammers can devastate your ability to pay your bills and everyday expenses. Luckily, for each common type of bank fraud, there are ways to keep your accounts ...
Here are a few types of financial fraud, and what you can do to protect yourself from them: 1. New account fraud: This occurs when a fraudster uses someone else’s information to open a new bank ...
And we don’t do a great job of protecting our own bank accounts. Nearly all bank customers, or 92%, said they were “likely to reuse their bank” after the institution resolved a case of fraud.
“Today’s mobile banking alerts provide an array of options to help consumers keep their bank accounts in good standing, avoid unnecessary fees and protect themselves from fraud,” says Paul ...
Helping ensure bank account fraud doesn’t happen to you starts with monitoring your accounts and credit reports regularly, practicing smart password management and never giving your information ...
According to the Federal Trade Commission (FTC), Americans lost $10 billion to fraud in 2023. Bank transfers and payments lead the way as the No. 1 contact point between your money and the ...
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