If you pay by card online, the Spanish central bank starts from an uncomfortable premise: the plastic itself is not needed. Number, expiry date and CVV are enough. The defences that follow aim to make those three details nearly worthless — a law-mandated second check, an online card that is not your main one, and … Read more
A video ad showing a famous actor, singer, or public official promising quick profits from an investment platform should be treated as fraud until proven otherwise. Spain’s CNMV is blunt: using well-known figures with easy-money promises is an “unequivocal sign” of financial fraud. TechNews DevTop breaks down how the scheme works, how to verify a … Read more
Bizum has become a default payment rail for millions, which makes one misunderstanding especially dangerous: accepting a money request does not collect cash. It sends cash. That distinction sits at the heart of most Bizum fraud, from bogus second-hand buyers to messages claiming a payment was made by mistake. Core mechanic: A Bizum request asks … Read more