Wire Transfer news and trends

Email Scam Victim Sues Bank Claiming Lack Of Fraud Protection
Security & Fraud // February 23, 2020

Police and financial institutions are battling to contain a wire transfer email hacking scam that is costing individuals and businesses billions, The Wall Street Journal (WSJ) reported on Sunday (Feb. 23).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payment Rails Search For Harmony In B2B Payments
B2B Payments // December 18, 2019

Innovation in the payments arena has provided more rails upon which to move money. In B2B payments, though, legacy tools continue to lead. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

GIACT On Payments’ $29M Wire Fraud Wake-Up Call
Security & Fraud // November 04, 2019

Last week, the U.S. subsidiary of Japan’s largest financial media organization, Nikkei, made headlines for the reason that no firm ever wants: The company was the victim of financial fraud to the tune of $29 million via a wire transfer gone bad. Get the Full...

TD Ameritrade Enables Instant Brokerage Account Funding Via Apple Pay
Payment Methods // January 15, 2019

TD Ameritrade, the Omaha, Nebraska online brokerage, announced Tuesday (Jan. 15) that it now enables customers to instantly fund a brokerage account with Apple Pay via an Apple Business Chat in the Messages app on iPhone and iPad. In a press release, TD Ameritrade said...

Interviews & Exclusives
GIACT On Payments’ $29M Wire Fraud Wake-Up Call

November 04, 2019
Last week, the U.S. subsidiary of Japan’s largest financial media organization, Nikkei, made headlines for the reason that no firm ever wants: The company was the victim of financial fraud to the tune of $29 million via a wire transfer gone bad. Get the Full Story Complete the form to unlock this article and enjoy […]

Quick Reads
Email Scam Victim Sues Bank Claiming Lack Of Fraud Protection

February 23, 2020
Police and financial institutions are battling to contain a wire transfer email hacking scam that is costing individuals and businesses billions, The Wall Street Journal (WSJ) reported on Sunday (Feb. 23).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. […]

TD Ameritrade Enables Instant Brokerage Account Funding Via Apple Pay

January 15, 2019
TD Ameritrade, the Omaha, Nebraska online brokerage, announced Tuesday (Jan. 15) that it now enables customers to instantly fund a brokerage account with Apple Pay via an Apple Business Chat...

Moneytis Aims To Bring Expedia Like Ease To Money Transfers

August 14, 2017
Moneytis, the FinTech startup, has created a platform to help consumers find the cheapest foreign exchange services and send money seamlessly, taking a page from travel aggregator websites like Booking.com...

FBI Warns Hackers Tried To Steal $3B Via Wire Fraud

June 15, 2016
On Tuesday (June 14), the FBI issued a warning about the rising threat of wire transfer fraud. Get the Full Story Complete the form to unlock this article and enjoy...