PayPal iPhone App Lets Users Deposit Checks by Taking a Photo
A new update to the PayPal iPhone app now allows users to deposit money into their online accounts simply by taking a photo of a check. The new check-capture feature was first unveiled at TechCrunch Disrupt, and made its iTunes Store debut yesterday as a free update for the PayPal app. With the update, users will be able to deposit a check by using their iPhone to take photos of its front and ...
High-tech criminals have apparently adopted a decidedly low-tech methodology in the latest banking scam. Hackers are forging and cashing checks in order to slip past their victims' defenses. Rather than snagging passwords and initiating electronic transfers, these scammers are hacking into sites that store images of checks for banks, check cashing outlets and other businesses. From these images, ...









