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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.
Debit cards ranked as the top payment method for both attempted fraud and actual dollar losses in 2024. Consumers increasingly must realize that con artists are often impersonating banks, government ...
Debit cards pull funds directly from your bank account when making purchases or withdrawing cash. Setting up a PIN and monitoring account balances via mobile apps helps avoid overspending and fees.
Bank accounts aren't usually described as "scary," but tell a parent that their kid has a debit card granting them unfettered access to the family funds and watch ...
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