Walmart Targets Unbanked

Earlier this week I did a post about businesses using mobile banking to gain access to the unbanked market. Walmart has announced they are entering the fray with a low cost mobile checking account called GoBank.  GoBank has no minimum balance requirement and...

The Cost of Fraud

Ever wonder what the cost of fraud might be? According to the survey conducted by LexisNexis Risk Solutions, the cost per $100.00 of a fraudulent transaction rose to $308.00 in 2014. Meaning if you had $1,000.00 in fraudulent transactions, the cost of resolving would...