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.

Federal Reserve Steps Up Fight Against Consumer Fraud

Federal Reserve Steps Up Fight Against Consumer Fraud
Federal Reserve Steps Up Fight Against Consumer Fraud
May 05, 2026  |  Fraud Prevention

Federal Reserve Vice Chair for Supervision Michelle W. Bowman said Tuesday (May 5) that she is raising consumer fraud as a priority issue for the...

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HSBC Loses $400 Million to Private Credit Fraud
HSBC Loses $400 Million to Private Credit Fraud
May 05, 2026  |  Earnings

HSBC took a $400 million expected credit loss (ECL) in the first quarter due to what it called “fraud-related, secondary, securitization exposure with a financial...

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Regula Warns Digital Identity Has a Human Problem
Regula Warns Digital Identity Has a Human Problem
May 05, 2026  |  Digital Identity

Identity and authentication in financial services are having a moment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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AI Wrote the Perfect Scam and Now Fights It
AI Wrote the Perfect Scam and Now Fights It
May 04, 2026  |  Artificial Intelligence

Internet crime losses hit $20.9 billion in 2025, the FBI reported. Most of the damage didn’t come from malware or data breaches. It came from...

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Cyber Expert Warns Iranian Hackers Target World Cup Fans and Infrastructure
Cyber Expert Warns Iranian Hackers Target World Cup Fans and Infrastructure
May 04, 2026  |  Cybersecurity

Hackers linked to Iran are likely to target World Cup fans and the event’s infrastructure, according to a report by ynet Global. Get the Full...

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WEX Puts Fraud Detection on a 500-Millisecond Clock
WEX Puts Fraud Detection on a 500-Millisecond Clock
May 01, 2026  |  Fraud Prevention

Watch more: What’s Next in Payments With WEX’s William Fitzgerald Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Canada Moves to Outlaw Crypto ATMs Amid Rising Fraud
Canada Moves to Outlaw Crypto ATMs Amid Rising Fraud
April 29, 2026  |  Cryptocurrency

With fraud on the rise, the Canadian government is proposing a ban on crypto ATMs. Get the Full Story Complete the form to unlock this...

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Sam Bankman-Fried Loses Bid for New Trial in FTX Case
Sam Bankman-Fried Loses Bid for New Trial in FTX Case
April 29, 2026  |  Legal & Regulation

Convicted crypto fraudster/FTX co-founder Sam Bankman-Fried has lost his bid for a new trial. Get the Full Story Complete the form to unlock this article and...

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