Despite the availability of real-time payments between banks and a proliferation of bill splitting apps, when it comes to divvying up the money for a group meal or round of drinks, Aussies still prefer to use cash, a Bankwest survey suggests.
Researchers have uncovered an invitation-only Tor-concealed marketplace where stolen credit card details are bundled with the victim's device fingerprint, meaning criminal buyers can use them to beat numerous fraud detection systems.
Today it's easy to transfer money, make payments, and buy goods and services in countless ways outside the walls of a bank or retailer. In fact, physical visits to banks are down 30 percent since last year, and the use of mobile banking apps is up 33 percent, according to a new survey from Chase. Banks are embracing new technologies and evolving consumer habits to engage the next generation of customers.