The suit provides a cautionary tale for attorneys, who are increasingly finding themselves targeted by hackers who intercept money sent by wire transfer during real estate closing transactions.

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia. Thank you for submitting your question. Keep ...

Wire transfers might seem old-school compared to modern payment apps, but they remain one of the fastest and most secure ways ...

A wire transfer is a quick way to safely move funds from one bank account to another. Unlike money transfer apps like Venmo or Zelle, which can be useful for smaller transactions (like splitting a ...

Thank you for submitting your question. Keep reading Forbes Advisor for the chance to see the answer to your question in one of our upcoming stories. Our editors also may be in touch with follow-up ...

A wire transfer is a way to send and receive money securely anywhere in the world. Whether you’re making a down payment on a house or sending money to family abroad, a wire transfer can be quick and ...

Before the rise of payment apps and digital wallets, wire transfers were a go-to payment method for customers who needed to send money without handing over cash, and they’re still a valid option today ...

Trying to choose between ACH vs wire transfer? Compare fees, speed, and security to pick the best option for your financial transactions. The fastest way to understand the difference between ACH and ...

A wire transfer is a method for electronically sending money between bank accounts. You can wire money through a bank, credit union or wire transfer service. The technology dates back to the late ...

Wire transfers can be an expensive way to send money, costing the average consumer $27 and $44 for domestic and international outgoing wires, respectively. Your bank might charge you for incoming wire ...