Effective Sept. 30, 2025, the order directs the Treasury Department, which includes the IRS, to stop issuing paper checks for ...

Debit cards have a lot going for them, but they're considered less secure against fraud. Many credit cards offer identity theft coverage and purchase protection, so you may be reimbursed for ...

Criminals can even use your debit card without physically having it. Card-not-present fraud is a danger that can threaten your personal finances and personal identity. Merchants can work to ...

We can’t just continue to provide these benefits knowing they are vulnerable to fraud,” Deeter said. Deeter said the federal government would pay 50% of the cost to transition the cards.

WASHINGTON (AP) — Elon Musk pushed debunked theories about Social Security on Monday while describing federal benefit programs as rife with fraud, suggesting they will be a primary target in his ...

Musk’s estimate for the level of fraud in entitlements far outpaces figures from watchdogs like Social Security’s inspector general, who previously said there was $71.8 billion in improper payments ...

Tax revenues are not keeping up with federal spending in the U.S. In fiscal 2024, the federal government spent $6.75 trillion but only collected $4.9 trillion, resulting in a deficit of $1.83 ...

As technology consistently progresses, detecting and preventing deepfake fraud has become a major challenge. In 2024, fraudsters employed deepfake technology to impersonate a company's chief ...

Joe DePasquale sells sports cards online under the brand "Joe Hollywood." Last year, his company made more than $5 million in sales. He wants to use his wealth to give his kids the resources they ...

"And spend it fairly quickly, too." Winder says consumers have no protection from fraud when it comes to gift card draining. "Right now, unfortunately, it's a risk that a customer has to eat." ...