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.

AI Made B2B Fraud Cheap and Trust Expensive

AI Made B2B Fraud Cheap and Trust Expensive
AI Made B2B Fraud Cheap and Trust Expensive
October 07, 2026  |  Fraud Prevention

Watch more: Stopping B2B Fraud Before AI Moves the Money Artificial intelligence is breaking the economics of the traditional accounts payable fraud model. Attackers can...

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Congress Wants to Unplug the Scam Call Factory
Congress Wants to Unplug the Scam Call Factory
October 07, 2026  |  Fraud Prevention

A pair of representatives last week unveiled legislation targeting one piece of the increasingly industrialized fraud economy. Reps. Jefferson Shreve of Indiana and Rob Menendez...

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Basware Acquires Trustpair for Fraud Prevention
Basware Acquires Trustpair for Fraud Prevention
October 05, 2026  |  Fraud Prevention

Invoice lifecycle management Basware has completed its acquisition of payment fraud prevention platform Trustpair. “The acquisition extends Basware’s invoice lifecycle management capabilities all the way to the payment...

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Europe’s Payee Checks Set the Pace as US Plans Take Shape
Europe’s Payee Checks Set the Pace as US Plans Take Shape
October 01, 2026  |  Cross-border Payments

A payment moving from one country to another passes through banks, clearing systems and payment networks that operate under different rules. The recipient information used...

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Study Finds CFOs Find AI Can’t Clear Every Cash Flow Bottleneck
Study Finds CFOs Find AI Can’t Clear Every Cash Flow Bottleneck
October 01, 2026  |  B2B Payments

A shorter cash cycle should feel like a victory lap. For many CFOs, it now comes with a longer list of risks. PYMNTS Intelligence, in...

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Fed’s Bowman Says AI Is Blessing and Threat to Bank Security
Fed’s Bowman Says AI Is Blessing and Threat to Bank Security
September 29, 2026  |  Cybersecurity

Federal Reserve Vice Chair for Supervision Michelle Bowman warned about the danger artificial intelligence poses to banks while also touting its benefits. “While banks continue...

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Modulate Raises $25 Million to Expand Audio AI Efforts
Modulate Raises $25 Million to Expand Audio AI Efforts
September 28, 2026  |  Artificial Intelligence

Modulate has raised $25 million to continue developing its “audio-native” AI models. The new funding, announced Monday (Sept. 28), comes as the company is seeing its artificial...

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Fraud Trends Put Fragmented Defenses Under Pressure
Fraud Trends Put Fragmented Defenses Under Pressure
September 28, 2026  |  Cybersecurity

The 43% of scam victims who pay fraudsters within an hour present banks with an obvious problem. There may be almost no time to stop...

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