Melanie Sadeghi

Ever send money through an app like Venmo, CashApp, or Zelle? They make it easy to send money fast to friends or family. But what happens when it’s a scammer on the other end? Once you link a payment app to your debit card, credit card, or bank account, you’ll be able to send money

Most of us use ATMs pretty often to withdraw cash. But Bitcoin ATMs (or BTMs) are a different beast. Increasingly located in convenience or grocery stores, gas stations, and other places, they’re a way to buy or send cryptocurrency. Only scammers are now using BTMs to steal your money. A new FTC Data Spotlight explains how people

Have you ever gotten a text or email warning you that something is wrong with an account online? Maybe it says your streaming account is about to be suspended unless you respond quickly. It might even have a link that will supposedly fix your account’s problems. The message looks real. But is it? Your first instinct

Wire transfers are a safe and effective way to move money quickly. But scammers also find wire transfers useful. At Merchants Bank, we are committed to ensuring our customers and their funds are protected, which is why we have controls in place to combat fraudulent wire transfer requests. Sometimes, though, our customers may not realize