Merchants may be reluctant to make their customers jump through hoops in order to pay them for their purchases, but when it comes to payment security, a new report indicates that consumers don’t mind.
People are willing to do more to protect themselves from falling victim to fraud, according to the 2016 American Express Digital Payments Security Survey.
For example, 78% of survey respondents said they would enter a security code for their credit card when buying something online, but...
If one of your New Year’s resolutions was to step up your security and prevent yourself from becoming a victim of identity theft or other fraud schemes, the AARP Fraud Watch Network has a few tips for you.
The company has laid out their seven-step system for scam-proofing yourself in the New Year. These steps will help consumers make smarter choices and be aware of potential scams or fraud schemes throughout the year.
1. Consider freezing your credit file. Even if you have no reason to...
It used to be that identity theft meant an unauthorized purchase on a credit card. But criminals have advanced alongside technology and suddenly identity theft can involve a stolen Social Security number used for filing false medical claims or applying for mortgages. When you swipe your card at the ATM, gas pump, or in the RedBox for your next video rental, how do you know there isn't a fake front added to the swiper - capturing your credit card number and pin?
You'll know when you...