Today, if your debit card is stolen and used for purchases or your bank makes an accounting error that costs you money, there is a good chance you will recover most ...

A 2013 Federal Reserve Payments Study stressed the rapid growth in electronic payments, noting that “By 2012, two-thirds of consumer and business payments were made with payment cards. (Debit and ...

In an apparent departure from decades of jurisprudence acknowledging the exemption of wire transfers from the ambit of the Electronic Funds Transfer Act (EFTA or the Act), one federal district court ...

A few decades ago, sending someone cash electronically — using something called a “smartphone,” no less — would have seemed like science fiction, an outtake from “Blade Runner.” Fast forward to 2017, ...

With the introduction of electronic banking, many thought that frauds would become a thing of the past. How wrong they are. Bank frauds are rising more than ever before despite the coming of mobile ...