It’s college tuition payment season—a stressful time for families, students and institutions.This year, that process has been especially stressful for international students who have been the targets of some unfortunate financial scams.

Like any form of payment, tuition is subject to cyber-crime. And because of the large size of tuition payments, they can be appealing targets for hackers. Foreign students are popular targets because they might be making a cross-border international tuition payment for the first time and are dealing with lots of unknowns as they prepare to attend school in a new country, adjust to a different culture away from home...

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About the Author:

Peter Butterfield is the general counsel and chief compliance officer at Flywire, a specialist in international tuition payment. In his role, Peter owns the risk and fraud functions for Flywire and has been very focused on this issue – well before this recent spate of scams.