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Mobile Payment Apps

All articles tagged with #mobile payment apps

technology1 year ago

"Protecting Your Savings: The Dangers of Venmo, Zelle, and Cash App Scams"

Manhattan district attorney Alvin Bragg has demanded that companies improve the security of mobile payment apps like Venmo, Zelle, and Cash App to protect users from scams and thefts. He highlighted how unlocked devices can lead to financial disaster and personal harm, and outlined common fraud tactics such as phishing, spoofing, and device theft. The article also provides 10 tips to protect oneself from mobile payment fraud and outlines steps to take if scammed, including reporting to the app, contacting the bank or credit card issuer, and filing a complaint with the Federal Trade Commission.

via New York Post |
#alvin-bragg#fraud-prevention#mobile-payment-apps
technology1 year ago

"Cracking Down on Payment App Scams: Protecting Your Savings from Fraud"

Manhattan District Attorney Alvin Bragg has raised concerns about the vulnerability of mobile payment apps like Venmo, Zelle, and Cash App to scams and thefts, prompting demands for improved security measures. The companies behind these apps have responded by highlighting their efforts to protect customers and prevent fraud. To safeguard against mobile payment fraud, users are advised to take precautions such as using official app sources, enabling two-factor authentication, and monitoring account activity closely. If scammed, users should report the incident to the app, financial institution, and authorities, and consider subscribing to identity theft protection services.

via Fox News|
#fraud-prevention#identity-theft#mobile-payment-apps
technology1 year ago

"DA Urges Crackdown on Cash App Fraud Threatening Bank Accounts"

Manhattan District Attorney Alvin Bragg has sent letters to Venmo, Zelle, and Cash App demanding increased protections for users amid a surge in scams and crimes involving unauthorized access to unlocked devices and draining bank accounts. He highlighted incidents such as thefts in Los Angeles and a robbery in Orlando, and provided recommendations for the companies to enhance security measures. The companies responded by emphasizing their commitment to customer safety and security, with measures such as fraud detection tools, transaction limits, and consumer education.

via BGR|
#fraud#manhattan-district-attorney#mobile-payment-apps
technology2 years ago

"Mastering Tech: Essential Tips for Privacy, Car Location, and Call Identification"

This article provides several smart tech tips, including using mobile payment apps like Venmo or CashApp to unmask mystery callers or texters, blocking your phone number from appearing when making calls, using Google Maps to easily find your parked car, conducting a WHOIS lookup to verify the legitimacy of a website, and preventing your phone number from being shared with marketers by using *67 or changing settings on your smartphone.

via USA TODAY|
#caller-id#mobile-payment-apps#privacy
technology2 years ago

Beware: Thieves exploiting iPhone security feature to access bank accounts.

Thieves can access your bank account through Apple Cash on your iPhone, as it is a peer-to-peer money transfer service that lacks buyer protection. A woman lost over $3,000 from her bank account via Apple Cash. To protect yourself, set up your Apple Pay account with a credit card instead of a debit card, watch out for phishing text messages, and never give up 2-factor authentication codes. Apple provides resources to help users avoid scams and recognize fraudulent activity.

via KPRC Click2Houston|
#apple-cash#fraud-prevention#iphone