16-42 The increased use of wire transfers as a replacement for check and cash payments has increased the risk of fraud.

Name: 16-42 The increased use of wire transfers as a replacement for check and cash payments has increased the risk of fraud.
Brand: Quizplus
Rating: 4.9 (43 reviews)

Question

Quizplus · Accepted Answer

Wire transfers can be vulnerable to fraudulent activity such as phishing scams and hacking, making them a riskier form of payment compared to traditional methods such as checks and cash.

16-42 the Increased Use of Wire Transfers as a Replacement