Is "BEYONDFINANC_CFT JOHN DOE " fraud?

Written by Ethan Patel

June 18th, 2024

Medium Risk

What is "BEYONDFINANC_CFT JOHN DOE "?

Beyondfinance Cft is a merchant that has been in business since 2011. The company focuses on providing debt resolution services, primarily assisting individuals in reducing and managing unsecured debts. Their retail products include debt consolidation programs, personalized financial plans, and educational resources related to financial management. The company operates by analyzing individual financial situations and negotiating with creditors on behalf of clients to settle outstanding debts. They offer various tools and services aimed at helping clients achieve financial stability.

BEYONDFINANC: Transaction originating institution or merchant name

CFT: Transaction type, often indicating a customer funds transfer

JOHN DOE: Name of the account holder or the person involved in the transaction

Verify if this transaction is fraud in 30 seconds

Verify With Receipt

The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.

Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.

STEP 1

Connect your Email

Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.

STEP 2

Connect Your Bank

Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.

STEP 3

Reconcile

Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.