Electronic banking has made it more convenient for businesses to handle their banking, but it has also added a new series of risks to the financial equation. Businesses assume greater liability for ...

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 ...

As part of the growing popularity of electronic banking, paperless money transfers are becoming the norm. According to the American Bankers Association, electronic payments now outnumber paper ...

For many baby boomers, the transition of everything having to do with cash is becoming a real challenge. To begin with, we seem to be losing our choice of having cash in hand these days. Everything is ...

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 the midst of the current banking collapses and the ensuing madness that comes with it, I had to buy a car for my better half this week. I needed to use a debit card for slightly more than the usual ...

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 ...

officials who are suspected of having connived with city businessman Justus Kashoma to defraud the bank of billions of shillings. We all have to watch out for e-fraud is a loose network of criminals, ...