According to a new Federal Trade Commission (FTC) data analysis, the past year’s No. 1 text message scam involves fraudsters posing as a bank. The median loss for such bank texting scams was $3,000.

Jane wrote to us with the following concern: "I just got a text from Kinecta here in California that says, 'Transfer request of $950.44 to BRYANA WHITE has been approved. If you didn't authorize ...

The text messages asking Moss to authenticate her account were authentic: they were sent by Chase Bank as part of its two-factor authentication system, designed to enhance customer security. But ...

Americans filed over 235,961 complaints of unsolicited text messages last year, down from 294,655 in 2021, according to agency data. Scammers used texting as the mode of contact for 22% of all ...

Bank Alert Text Scams, Explained Never click links in spammy-looking text messages that claim to come from financial institutions such as Chase, Citibank, or Wells Fargo. Jordan Liles ...

Nearly half of bank customers in the J.D. Power report, or 46%, said their bank had prompted them to take fraud-prevention measures in the past 90 days. But customers didn’t always help themselves.

Further, when I googled the 866 number in the text, it was not clear whether it belonged to Bank of America. No search result linked that number to the bank. And then, stranger things happened.