fraud

Fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law, a criminal law, or it may cause no loss of money, property or legal right but still be an element of another civil or criminal wrong.
RealPage and Plaid Team to Curb Rental Fraud
RealPage and Plaid Team to Curb Rental Fraud
March 27, 2024  |  Fraud Prevention

Real estate software/data analytics provider RealPage has debuted tools to combat rental fraud.  The new offerings, announced Wednesday (March 27), will be available with the company’s OneSite and...

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Crypto Scamming Intensifies as Digital Asset Market Rallies
Crypto Scamming Intensifies as Digital Asset Market Rallies
March 27, 2024  |  Cryptocurrency

Most crimes, at the end of the day, are crimes of opportunity. After all, bad actors and scammers just need to get lucky once. And...

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FTX Creditors: Bankruptcy Estate Could Have Revived ‘Thriving’ Business
FTX Creditors: Bankruptcy Estate Could Have Revived ‘Thriving’ Business
March 27, 2024  |  Cryptocurrency

Earlier this year, bankrupt cryptocurrency firm FTX called off plans to resurrect its exchange. And that was a missed opportunity, some of the company’s creditors told The Wall Street...

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Bank of America: Digital Evolution Demands ‘High-Tech and High-Touch’ Approach
Bank of America: Digital Evolution Demands ‘High-Tech and High-Touch’ Approach
March 27, 2024  |  Digital Banking

Rich Clow, managing director and head of innovation and strategy, Global Payments Solutions, Bank of America, told PYMNTS that omnichannel demands are pointing banks toward a...

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Mastercard and Worldpay Partner to Prevent Merchant Chargebacks
Mastercard and Worldpay Partner to Prevent Merchant Chargebacks
March 26, 2024  |  Credit Cards

Mastercard and Worldpay are teaming to help merchants settle transaction disputes faster and reduce chargebacks. Chargebacks — refund requests sparked by customers disputing transactions — are a growing issue,...

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UK FCA Prioritizes Digital Innovation, Fraud Prevention for 2024
UK FCA Prioritizes Digital Innovation, Fraud Prevention for 2024
March 26, 2024  |  emea

Amid a challenging economic landscape, the U.K.’s Financial Conduct Authority (FCA) has unveiled its Business Plan for the 2024-2025 fiscal year, marking the culmination of its three-year strategic roadmap.  One of...

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Remote Identity Proofing Hurdles Put Spotlight on Increasing Fraud Sophistication
Remote Identity Proofing Hurdles Put Spotlight on Increasing Fraud Sophistication
March 22, 2024  |  Cybersecurity

As traditional forms of identification prove increasingly inadequate in the digital space, the necessity for innovative and secure solutions becomes evident.  Remote Identity Proofing (RIDP),...

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Instant Disbursement Can Stem the Tide of Check Fraud
Instant Disbursement Can Stem the Tide of Check Fraud
March 22, 2024  |  Disbursements

For the bad actors, check fraud is en vogue. For consumers, and for banks, the rising embrace of disbursements may have a positive knock-on effect:...

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Bank Regulators Worry About Merger Systemic Risks, Banks About Fraud
Bank Regulators Worry About Merger Systemic Risks, Banks About Fraud
March 22, 2024  |  Banking

Michael Hsu, acting comptroller of the currency at the Office of the Comptroller of the Currency (OCC), recently voiced support for a new proposal by Federal Deposit Insurance...

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