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’s Role in Helping Banks Fight Fraud and Financial Crimes
AI’s Role in Helping Banks Fight Fraud and Financial Crimes
February 01, 2024  |  Security & Fraud

Easy money attracts bad actors.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Biometrics Startup Incognia Raises $31 Million for Anti-Fraud Tools
Biometrics Startup Incognia Raises $31 Million for Anti-Fraud Tools
January 31, 2024  |  Biometrics

Biometrics startup Incognia has raised $31 million to develop its location identity offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Experian Launches Fraud Prevention Tool for Car Dealers
Experian Launches Fraud Prevention Tool for Car Dealers
January 31, 2024  |  Security & Fraud

Car buying is increasingly moving online, and scammers who target car buyers are following suit. Get the Full Story Complete the form to unlock this article...

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‘Accessible’ AI Makes Leap From Concept to Reality Happen Faster, Fiserv Says
‘Accessible’ AI Makes Leap From Concept to Reality Happen Faster, Fiserv Says
January 31, 2024  |  Artificial Intelligence

Brandy Wood, vice president and head of client experience products at Carat from Fiserv, told PYMNTS that despite all the headlines and controversies swirling around...

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New York Sues Citi for Allegedly Failing to Protect and Reimburse Fraud Victims
New York Sues Citi for Allegedly Failing to Protect and Reimburse Fraud Victims
January 30, 2024  |  Legal

New York Attorney General Letitia James accused Citi of failing to protect fraud victims. Get the Full Story Complete the form to unlock this article...

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The 4 Easy Wins GenAI Brings to the Payments Sector
The 4 Easy Wins GenAI Brings to the Payments Sector
January 30, 2024  |  Artificial Intelligence

The ability to scale is what qualifies an innovation as such. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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GenAI’s Role in Transforming Payments: Sovos Says Don’t Expect a Revolution
GenAI’s Role in Transforming Payments: Sovos Says Don’t Expect a Revolution
January 30, 2024  |  Artificial Intelligence

Eric Lefebvre, chief technology officer at Sovos, said generative artificial intelligence (AI) will transform the ways in which consumers and businesses interact with financial institutions...

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eCommerce Firms Use Advanced Screening Tools to Combat Tech-Driven Fraud
eCommerce Firms Use Advanced Screening Tools to Combat Tech-Driven Fraud
January 26, 2024  |  Security & Fraud

eCommerce firms are grappling with the widespread impact of fraud, and according to PYMNTS Intelligence research, more than 80% encountered true fraud — verified instances...

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New X Passkey Feature Signals Ongoing Shift to Passwordless Future
New X Passkey Feature Signals Ongoing Shift to Passwordless Future
January 25, 2024  |  News

The emergence of all-in-one apps promises unparalleled convenience, offering users a one-stop solution for various needs. From managing finances to staying connected with friends, these...

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