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Hackers Deploying Virtual Android Phones To Bypass Bank Security, Empty Users’ Accounts: Cybersecurity Researchers

Cybercriminals are now using virtual phones to fool the anti-fraud protections of banks and drain customers' accounts. Citing the cybersecurity…

April 6, 2026

Wells Fargo CEO Says US Economy ‘Still Extremely Strong’ Despite Iran War – But There’s Catch

Wells Fargo chairman and CEO Charles Scharf is maintaining a positive outlook on the US amid the Iran war. In…

April 6, 2026

Scammers Drain $76,000 From Truist Bank Customer, Convincing Victim To Withdraw Piles of Cash in Person

Authorities in Chatham County, Georgia say they're investigating a bank fraud scheme after a woman reported losing more than $76,000…

April 5, 2026

Hackers Hit Android and iPhone Users’ Bank Accounts As Cybersecurity Firm Reveals 400% Surge in AI-Powered Malware Attacks

The cybersecurity firm Zimperium says banking malware attacks are skyrocketing with the assistance of artificial intelligence (AI). In a new…

April 4, 2026

Billion-Dollar Bank Handing $1,500,000 To Current and Former Customers To Settle Class Action Lawsuit Over Data Breach

A billion-dollar bank has agreed to pay $1.5 million to current and former customers affected by a data breach. According…

April 4, 2026

Florida Man Drains $234,000 From Bank Customers in California and Nevada, Posing As Fraud Investigator: DOJ

A Florida resident has admitted to stealing tens of thousands of dollars from bank customers across the US by pretending…

April 4, 2026

JPMorgan Chase Lending $80,000,000,000 to Small Businesses in ‘American Dream’ Initiative

Banking giant JPMorgan Chase is committing tens of billions of dollars in new lending to small businesses as part of…

April 4, 2026

Banks Reject Reimbursement After Scammer Drains $75,000 From Woman’s Bank Accounts in Malicious App Scheme: Report

An elderly woman from Raleigh, North Carolina has fallen prey to a deceptive scheme that cost her $75,000. Bettilyn Smyth’s…

April 1, 2026

Morgan Stanley’s Bitcoin ETF Likely To Launch Early Next Month: Bloomberg Analyst

Morgan Stanley's Bitcoin exchange-traded fund appears set for an imminent launch, according to a leading ETF analyst. Bloomberg analyst James…

March 30, 2026

Bank Manager Allegedly Initiates 100+ Unauthorized Withdrawals From Customer Accounts, Steals Over $21,000

A manager at a US bank allegedly stole tens of thousands of dollars from customers, initiating more than 100 unauthorized…

March 30, 2026