Don't become a victim of wire or ACH fraud.
Fraudsters continue to find weaknesses in authentication processes to obtain secure information and fraudulently transfer money to themselves via a wire or ACH transaction.
A wire is an electronic funds transfer used for sending cash to a disclosed business or recipient. An ACH transaction is a type of wire transfer performed through the Automated Clearing House. These transactions include scheduled fund transfers, like online bill payments, and typically involve smaller transaction amounts, while wire transfers take place directly between financial institutions and tend to involve much larger transaction amounts.
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