Credit card fraud is the most common form of identity theft, according to the FTC. Nearly 450,000 cases of credit card fraud were reported to the FTC in 2024, and 416,579 cases were reported in 2023.

It's easy to think of credit card fraud and picture someone skimming your card at a gas pump. But that's not usually how it happens. The bigger threat is new account fraud. Someone opens a credit card ...

Debit cards are as vulnerable to theft as credit cards and offer limited fraud protection. Depending on how soon you report the fraud, you could be responsible for up to $50 in unauthorized ...

Some credit card scams target employees in an attempt to get them to divulge sensitive information. — Getty Images/StarZImages Credit card processing scams come in all forms. They can be a phone call ...

If you’ve ever spotted a suspicious charge on your debit or credit card, you’re not alone. How your bank or card issuer handles credit card fraud disputes has a bigger impact than you might think. It ...

Credit card fraud costs businesses billions of dollars per year and the bulk of these losses come from online transactions. Merchants usually have the most to lose in such instances ― the consumer is ...

Barbara Ross learned the hard way that fighting fraud on a debit card can be very different from a credit card. The South Philadelphia woman emailed CBS News Philadelphia for help getting her money ...

With AI technology, payment fraud and fraud prevention have become more complex and sophisticated. Both financial data owners and businesses that accept illegal payments are directly affected by ...

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Every time you tap your debit card, you are giving direct access to the cash in your checking account. In low‑risk situations that can be convenient, but in the wrong place a single compromised ...