Fraud loss rates for debit cardholders have climbed in recent years, according to a Federal Reserve analysis published this week.
Maybe you see an unfamiliar charge on your bank statement. Or you notice your debit card isn’t in its normal place in your wallet. If you suspect bank account fraud, now is the time to take action.
Skimming, in which criminals install discreet devices and tiny cameras on point-of-sale terminals to steal your info, is increasingly common — as I learned the hard way. Money; Getty Images A few ...
While making a mistake with your finances is common, what’s less common is having someone else take advantage of your slip-up. But Americans should be aware of the risks, especially as reports of ...
Criminals have quietly turned everyday debit cards into a direct pipeline to people's checking accounts, using tactics that are harder to spot and faster to cash out than traditional card theft.
Barbara Ross learned the hard way that fighting fraud on a debit card can be very different from a credit card. The South Philadelphia woman emailed CBS News Philadelphia for help getting her money ...
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11 risky places fraud experts say you should avoid using your debit card
Experts identify 11 places where debit card use carries heightened risk and outline safer payment alternatives. Citing $12.5 billion in 2024 fraud losses and $1 billion annually from skimming, the ...
Debit cards are as vulnerable to theft as credit cards and offer limited fraud protection. Depending on how soon you report the fraud, you could be responsible for up to $50 in unauthorized ...
Most people swipe their debit card without thinking about risk. It runs through your checking account, it feels secure, and the money moves fast. But "fast" isn't the same as "safe," and a lot of ...
With Target saying its data breach is much worse, here's what to watch for. Jan. 11, 2014— -- intro: Would you give a thief direct access to your checking account? No? Unfortunately, you may be ...
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