Online retailers are drawing a $279 loss for every $100 of fraud loss, partially attributed to chargebacks and their associated costs.
Massive hack could expose business services members at credit unions.
As small businesses continue to increase their use of technology and mobile access to conduct transactions, the drawback is the shift may potentially widen the space for cyber thieves to strike and drain commercial accounts in one fell swoop.
Online commercial accounts present tempting targets.
Multiple depositing of same paycheck by mobile capture happens but industry insiders say it's not widespread.