Questions tagged [security]
"Security" as in "how can I rely on the security of this transaction?" For questions regarding tradable assets, the tag "securities" should be used.
166
questions
14
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4
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How to make sure a payment is actually received and will not bounce, using Paypal, Stripe or online banking respectively?
I recently saw some social media posts about a scam going around targeting artists, where the scammer would pretend to commission art, overpay the artist, then ask for the overpaid amount to be ...
- 269
0
votes
1
answer
119
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How much data does Zelle collect?
I know Early Warning Services LLC sees all payments made through Zelle. But do they also collect data on other transactions and accounts with your bank? What are all the privacy/security implications, ...
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-2
votes
2
answers
280
views
What is the least liquid way to keep money?
I'm trying to keep my money safe from hackers and don't want them getting easy access. Keeping it in a checking account seems like the worst idea since it's too easy for them to just move the money ...
3
votes
3
answers
2k
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Why would I be asked for the last 4 digits of a card number for a card-present transaction?
I regularly shop at a store where they ask me if I am a member of their loyalty program (no), then I insert my chip-enabled card into their card reader, the purchase is approved, and after the ...
- 180
-1
votes
1
answer
484
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Is Tiller a trustworthy for tracking personal finance & budgeting?
I want to track my personal transactions with spreadsheets and do budgeting there. I came across https://www.tillerhq.com, which seems to solve that perfectly. I want to be smart about who I expose my ...
- 99
0
votes
0
answers
229
views
Are Google Docs secure for financial information?
I am dealing with a vendor who needs to pay me. They provided a Google Doc where I can enter my bank routing # or credit card #. Would this be secure?
- 153
0
votes
3
answers
2k
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What information is needed for someone to withdraw money from someone else's (US) bank account?
I have a US bank account and a paypal account. I wanted to withdraw money from my bank account to my paypal account. The first step was to link the account. I did that by giving paypal my account ...
- 365
0
votes
2
answers
130
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Is FIS (Fidelity National Information Systems) a client of CENTRL?
The company CENTRL lists FIS* as a client on their website. Can anyone verify this, or show me how to verify it?
Susquehanna mentions CENTRL on their site as someone they have backed.
*FIS site: https:...
3
votes
0
answers
300
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Why is account ownership verification required for direct debits in Spain, but not in Germany?
Recently, I have learned that in Spain, it is customary when indicating a bank account number for a direct debit payment1 to also submit a "certificado de titularidad bancaria", a document ...
- 141
1
vote
1
answer
379
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I have opened an account with a Neobank Yuh. I'm totally confused why I don't have a username and password, there is also no 2FA [closed]
In less than 1 hour I was able to open an account with Yuh. The process worked very well, only small bugs.
I could not find a web UI for Yuh. On the iPhone Yuh app, I log in with FaceID. Am totally ...
- 694
52
votes
4
answers
14k
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Scam caller asked for last 4 digits of card. Fake number doesn't fool him, does he have my full number?
I just got off a very obvious scam call where the scammer was offering to "lower" my interest rate. I played along to try to waste some of their time. I gave a fake expiration date and a ...
- 493
2
votes
8
answers
4k
views
How can I get the same protection shopping with a credit card, without using a credit card?
Following the advice of Dave Ramsey, I'm getting rid of my credit cards. The problem is, the alternatives don't seem safe. There are people who stand around the cash machines watching people take out ...
- 2,899
1
vote
2
answers
610
views
ACH Direct Debit Blocking (fraud protection, security)
How can I setup a bank account in the US that can receive ACH credits but block all ACH debits?
I have a bank account for my business that has an ACH routing and account number, so that my customers ...
- 202
0
votes
0
answers
39
views
Are Transaction/Order/Trade ID/Numbers attached to the trade of a security sensitive information?
Some brokerages display some Transaction/Order/Trade ID/Numbers that identifies or qualified a trade of a security (e.g., the purchase of some stock): is that sensitive information?
Example on TD ...
- 11.4k
1
vote
1
answer
8k
views
What information can the merchant see about you when you pay with Paypal?
Just paid a shady looking seller using Paypal thinking that Paypal could protect me. Bought a digital product, received, but rethought the whole thing and now I think I don’t trust the seller to not ...
- 269
3
votes
1
answer
3k
views
Are online purchases using PayPal safer than using a debit card?
I have a PayPal account that is linked to my Mastercard debit card, which is linked to my bank account. I usually make online payments using PayPal instead of directly using the debit card. PayPal ...
- 17.2k
1
vote
1
answer
167
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Security lock on my account to prevent anyone signing up for cards
I have been dealing with someone trying to use my credentials to apply for debit cards etc. I have already put a credit freeze on my account but that does not seem to do anything when a person orders ...
- 759
0
votes
1
answer
46
views
Difference between secured debt and security interests
I am trying to better understand the difference or similarity among the following terms:
Secured/Unsecured Debt
Security Interests
For example, when I hear the term secured debt, I immediately think ...
- 451
1
vote
2
answers
235
views
Best practices for protecting retirement savings?
Let's say my nest egg is in ETFs in a taxable account and an IRA with the same brokerage.
SIPC insurance may cover me "if the firm fails financially", and only up to $500,000. That is per ...
0
votes
0
answers
259
views
SEPA Direct Debit Blocking in EU (IBAN security)
How can I send an official, legally-binding letter to my EU bank that requires them to block all Direct Debits from my account?
I recently moved to Europe and was shocked to discover that an IBAN ...
- 202
1
vote
0
answers
69
views
As a EU citizen, are there any low-effort diversification options that could protect me against inflation or a local crisis?
The recent political events in the EU and in my own country (Poland) led me to reconsider my current saving scheme and I'm looking for a low-effort way to diversify what I have in order to better ...
- 197
30
votes
5
answers
9k
views
Credit card numbers on the back - is it not less secure?
I got a new credit card today (replacing the old one which was worn out) and I noticed something new - all the numbers have now moved to the back of the card, leaving the front empty. Apparently it's ...
- 1,147
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2
answers
254
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If my bank account was hacked via an insecure phone, would I be better off if I had warned the bank about it?
For environmental and financial reasons I have always used second hand or grey market mobile telephones. For work purposes I have general purpose computer kept as secure as possible, purchased new ...
- 490
0
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0
answers
366
views
I just bought a home and I want my new address to not be searchable by using my name. How can I keep my new address from being found
I understand that all real estate transactions are public knowledge. As far as displaying the value of my new home, how much it was purchased for, or if we took out a load or bought it in cash, I can ...
3
votes
2
answers
985
views
Does Plaid provide snapshot or ongoing access to your financial data?
When a user connects their financial institution (e.g. bank) with Plaid for a fintech app or service, what type of authorization to one's transactions does that connection provide? Is it a one-time ...
- 1,432
17
votes
5
answers
8k
views
Is my investment safe if the broker/bank I'm using goes into insolvency?
I'm using Scalable Capital as my broker. Once I buy ETFs through them, if Scalable Capital (or the bank they are partnered with) goes into insolvency, is my investment safe? I'm wondering if I should ...
- 335
-3
votes
1
answer
850
views
Is this a Sugar daddy Bitcoin scam or not? [duplicate]
I’ve been talking to this acclaimed “sugar daddy” and I’m trying to figure out if it’s a scam. He hasn’t asked for any bank info or any other private information. He told me that my fee for receiving ...
- 21
0
votes
2
answers
368
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Is it safe to use my debit card for autopay/online shopping?
I have a prepaid AT&T mobile number and want to use it's autopay option. But as I read and heard bad things about using debit card in online shopping, I don't know can I use my debit card or not? (...
user109157
3
votes
3
answers
485
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How to avoid 'authorised push payment' scam before transferring lots of money?
There is a scam called 'authorised push payment' where customers are persuaded to transfer money to a scammer, thinking they were transferring it to a reputable business, such as a conveyancing ...
- 823
1
vote
1
answer
175
views
Calculating the rolling performance of two securities over time
If I want to compare the relative price performance of two equities, an easy way would be to calculate the Comparative Relative Strength (CRS) and graph the result.
The calculation is simple. Divide ...
- 76.9k
1
vote
0
answers
88
views
How does the swap and collateral work in this context?
The ETC (exchange traded commodity) is backed by swaps. The payment obligations of the swap counterparties to the Issuer are protected by collateral held which is marked to market daily. The ...
- 153
5
votes
2
answers
3k
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Is it safe to send merchant PayPal's "Receipt for Your Payment "?
In purchasing on-line from a small store, using PayPal, the seller sent me an E-mail saying, to prevent fraud, they need me to send a screenshot of the E-mail "Receipt for Your Payment" from ...
- 2,899
3
votes
1
answer
438
views
Is there a way to fully secure my stock investment against hacking, theft, computer errors, etc?
I like to keep my savings in various stocks and ETFs. Those are all long term investments which I don’t intend to sell for more than a decade. However I’m constantly paranoid over various threats to ...
- 5,902
1
vote
2
answers
551
views
Is it safe to keep all my stocks with one broker?
I have an account with a "traditional" stock broker but recently discovered Robinhood which is quite convenient to use and is commission-free. Is it considered safe to keep all my investment ...
- 5,902
9
votes
7
answers
5k
views
Why are cheques so insecure?
I was reading this question about fraud committed by printing and cashing checks and the thought occurred to me that is should be trivial to prevent such scams. There are many ways that this could be ...
- 823
-1
votes
1
answer
117
views
Mandatory verbalization of private information [closed]
This year I am no longer able to access my account over my phone due the fact that my bank decided to drop (!!!) 2FA-class authorization, so verbalization of my personal information (!) is the only ...
- 109
2
votes
2
answers
537
views
How is it secure to allow withdrawals from my bank by just giving an account number to a financial institution?
To pay my credit card, I just need to enter my bank routing and account number. (US institutions.) That's it.
How is that secure? Anyone could enter my bank number and so withdraw my money.
- 524
1
vote
1
answer
110
views
Do financial institutions cover customers for cases of cybertheft?
No cybersecurity is perfect; accounts can be hacked at any time. If I find that a hacker has stolen the money in my bank or broker account, does the financial institution cover that; or is it my loss,...
- 524
1
vote
2
answers
133
views
How do credit apps know credit details and scores even if there is a freeze on the credit records?
I went to apply for a loan online and was automatically denied because I had placed a freeze on my credit records after the data-breaches a few years ago. How is it that mobile apps (e.g. Credit Karma)...
- 151
1
vote
1
answer
76
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Which are the safest deposit banks worldwide (according to reputable rating agencies)? [closed]
I would like to know which global banks are the safest for holding money, and though the big three rating agencies are often used to estimate credit worthiness of financial institutions, this seems ...
user42773
2
votes
2
answers
831
views
CouponCabin cash back security "unnatural activity"
I wonder if someone/anyone can help me out with an issue that's been increasing in recent months.
I've been using CouponCabin for almost 2 years (it's another Ebates/Rakuten) without any payments ...
- 21
0
votes
2
answers
405
views
Are there better alternatives to the buy and hold method?
When purchasing securities of any sort, there always seems to be two pieces of advice - "buy low and sell high", and "buy and hold." Generally speaking, buy low sell high is incredibly difficult for ...
- 351
0
votes
1
answer
320
views
Is using a firewall debit card (curve) a good solution to protect my main credit card?
I'm using Curve, a physical debit card that connects all your credit and debit cards in one and let you decide which one to use at each transaction by using its own app.
I've used it with my lower ...
- 467
2
votes
1
answer
323
views
Is it possible to steal money from an account/card by knowing only the card number and PIN?
I have an ATM card, it is a local bank issued card without any international payment service like Visa, MasterCard or such. If someone knows only the 16 numbers on the card and the PIN (and also ...
- 125
0
votes
1
answer
71
views
Why not migrate some money to a Government Security?
In this hypothetical scenario a 401k account owner thinks that the market might be about to take a turn for the worst and wants to minimize their losses. They choose to do so by temporarily ...
- 281
0
votes
1
answer
137
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Skimmers and bank accounts and banking security
I have read that banks will reimburse for "fraudulent activities". If I have a savings account and checking account, and my ATM is not linked to say my checking account, can this account ever be ...
- 1,183
1
vote
1
answer
269
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How can I be sure if my grandfather's money is safe?
Years ago, my grandfather sold an old apartment and opened an investment account with a financial advisor he knew from his neighbourhood.
The financial advisor works with a broker and my grandfather ...
- 195
3
votes
1
answer
794
views
Securities lending program vs a Margin Account
Suppose I have a brokerage account and I am long on a stocks very heavily and there are short sellers who need this stocks from my broker. There are two ways a stock broker can lend securities held ...
- 3,492
14
votes
2
answers
823
views
Are banks discontinuing single-use virtual credit card numbers (like BofA's ShopSafe)?
I found this old question / answer that refer to the same problem: I used to generate a new virtual credit card number with BofA's ShopSafe service, set the credit limit / expiration date and I could ...
- 241
2
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3
answers
143
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Are there investable securities that grow nonlinearly/exponentially with the underlying asset?
Let's say I'm a commodities trader, and Jesus Christ himself has just told me that gold is about to become much, much more valuable. We'll leave the debate on whether that's insider trading to another ...
- 129