Seychelle Thomas - Profile and Journalist Details
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Seychelle Thomas
Verified
Credit Card Writer, Bankrate
Maryland, Washington, D.C.
Beats
I don't cover local, daily life, only issues relevant to society.
Content
By Seychelle Thomas Verified| WMC-TV (Memphis, TN) Verified Key takeaways Digital wallets offer a higher level of security than physical cards with tokenized card numbers and authentication measures to protect your data in the event of a merchant security breach. Fraudsters often use social engeneering tactics to target your digital wallet and trick you into revealing account details. Digital wallet fraud is on the rise, with U.S. consumer losses exceeding $347 million in 2024, primarily through scams using compromised credentials.
By Seychelle Thomas Verified| WSYX-TV (Columbus, OH) Verified What can I do about mobile wallet fraud?
By Seychelle Thomas Verified| WMC-TV (Memphis, TN) Verified Key takeaways Digital wallets offer a higher level of security than physical cards with tokenized card numbers and authentication measures to protect your data in the event of a merchant security breach. Fraudsters often use social engeneering tactics to target your digital wallet and trick you into revealing account details. Digital wallet fraud is on the rise, with U.S. consumer losses exceeding $347 million in 2024, primarily through scams using compromised credentials.
Company Info
Bankrate
Bankrate is a prominent personal finance company founded in 1976 by Robert K. Heady. Initially known for its print publications, it transitioned to an online platform with the launch of Bankrate.com in 1996. This shift marked a significant evolution in its business strategy, allowing it to provide a wide array of financial information and tools to consumers. The company offers detailed insights on credit cards, mortgages, deposits, and other financial products. It features calculators and comparison tools to help users make informed financial decisions. Bankrate also operates a network of content-rich websites that focus on various financial categories, providing valuable advice for managing personal finances. While it has a history of print publications, its primary focus is now on delivering comprehensive online financial services.
Fort Mill, South Carolina, United States
'+1 561-630-2400
Founded: 1976