Nov 13, 2024 | Spin on Spending |
As the seasons change and new routines begin, many consumers will turn their spending towards the holiday season. Whether online shopping or purchasing in-store, it is important to keep your debit and credit card information secure. Do you know what fraud looks like...
read more
Nov 12, 2024 | Spin on Spending |
“If it’s too good to be true, it probably is.” When it comes to banking “hacks” on social media, this phrase should be a guiding principle. Earlier this fall, the internet was inundated with videos claiming to help people get “free money” from their local ATM....
read more
Oct 3, 2024 | Spin on Spending |
Fraud is an ever-evolving threat, adapting with technology and finding new ways to exploit individuals and organizations. Understanding the latest trends in fraud and knowing how to protect yourself is crucial in this digital age. Here, we explore some of the newest...
read more
Sep 4, 2024 | Spin on Spending |
What is Authorized Push Payment(APP) Fraud? Authorized Push Payment Fraud is a type of fraud that occurs when the victim is persuaded – usually through social engineering scams – into transferring money to fraudsters. Typically, the fraudsters will...
read more
Aug 5, 2024 | Spin on Spending |
What is authentication? Authentication is the process or action of verifying the identity of a user or process. 5 Common Authentication Types Password-based authentication. Passwords are the most common methods of authentication Multi-factor authentication...
read more
May 21, 2024 | Spin on Spending |
Fraud continues to be a prominent issue impacting consumers, businesses and financial institutions. According to the Federal Trade Commission, consumers reported losing $10 billion to scams in 2023. That’s $1 billion more than 2022 and the highest ever reported in...
read more
May 16, 2024 | Spin on Spending |
We want to help protect your time and money from fraud. Here are a few tips to help you know how to spot a suspicious request for info from a potential fraudster. Know what we will never do: Ask you to provide your personal info via a text message or an unsecure...
read more
Mar 1, 2024 | Spin on Spending |
With the rise in work-from-home employment roles, there has been an uptick in job scams. These jobs will be advertised in the same way real ones are. They are prevalent on social media platforms and legitimate job sites. The goal of these fraudsters is to get...
read more
Feb 5, 2024 | Spin on Spending |
The COVID-19 pandemic changed the way many Americans shop, with online purchasing in the U.S. increasing steadily. More online shopping means more package deliveries for consumers. With the increase in deliveries, the FCC has received more and more complaints about...
read more
Nov 6, 2023 | Spin on Spending |
In today’s digital age, cybersecurity has become a paramount concern for individuals and businesses alike. While a treasure trove of information and connectivity, the internet is also a breeding ground for malicious entities seeking to exploit vulnerabilities....
read more
Aug 17, 2023 | Spin on Spending |
Imagine it’s the first day of school, and we’re handing you a pop quiz. How would you rate your knowledge of credit and debit card scams? Are you more on the “I got this” end of things – or “I’m totally lost”? Either way, there are likely types of scams you...
read more
May 23, 2023 | Spin on Spending |
Scammers send fake text messages to trick you into giving them your personal information — things like your password, account number, or social security number. If they get that information, they could gain access to your email, bank, or other accounts. Or they could...
read more
Apr 24, 2023 | Spin on Spending |
Social media is a way to stay connected, share our interests and hobbies, as well as connect to the world at large. However, there are some individuals who may exploit the friendly nature of such platforms. The Setup Ever have a profile picture you were particularly...
read more
Mar 16, 2023 | Spin on Spending |
Don’t just count on luck this month to win big. Today there are so many avenues that fraudsters take to scam you. You can get a call, email, or letter saying you won a sweepstakes, lottery, or prizes. Below are some helpful hints pointing you to a money scam: Signs...
read more
Dec 13, 2022 | Spin on Spending |
Impersonation scams are one of the most successful ways fraudsters steal money from their victims. This type of scam has proven to be exponentially successful as both business employees and individuals are scammed into sending billions of dollars every year. Here are...
read more
Oct 28, 2022 | Spin on Spending |
Selling items online can be a great way to make some extra cash. Craigslist, Facebook Marketplace, and other sites attract a lot of buyers — some of which are fake. Protect yourself by watching out for the following: Fake payments These payments involve the “buyer”...
read more
Aug 17, 2022 | Spin on Spending |
Pet scams are big business these days, with scammers posing as breeders and raking in money from many people in the United States. The Better Business Bureau estimates that pet scam reports have increased nearly five times since 2017, when the trend first came to...
read more
Aug 15, 2022 | Spin on Spending |
While preparing for back-to-school, cybersecurity should be a top priority. When everyone from a toddler to a teacher has access to smart devices, it’s critical that parents watch over and protect their children’s cyber security. Since children’s...
read more
Jul 28, 2022 | Spin on Spending |
Don’t take the bait! Smishing is the most common mobile-based phishing. Slow down and think before you click! Smishing has become a big problem; according to the FBI, it is only getting worse. The average person gets over 19 spam texts per month. While not all...
read more
Jun 29, 2022 | Spin on Spending |
Did you know that business bank accounts don’t have the same protections that federal law affords consumers when it comes to recovering from fraudulent transactions? With experts predicting an increase in financial crimes, it’s critical for businesses of all sizes to...
read more