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.

Gift Card Loophole Gives Hackers a New Way to Cash Out

Gift Card Loophole Gives Hackers a New Way to Cash Out
Gift Card Loophole Gives Hackers a New Way to Cash Out
July 06, 2026  |  Cybersecurity

Every artificial intelligence (AI) platform that stores a payment method and adds a gifting feature has created a new monetization surface for account takeover fraud....

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Credit Unions Fight Fraud by Connecting Member Data Faster
Credit Unions Fight Fraud by Connecting Member Data Faster
July 06, 2026  |  Credit Unions

Fraud has become a moving target for credit unions, and the pace of change is forcing institutions to rethink how they protect members without slowing...

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LexisNexis and Promon Help Brands Fight Rising Mobile App Fraud
LexisNexis and Promon Help Brands Fight Rising Mobile App Fraud
July 03, 2026  |  Fraud Prevention

LexisNexis Risk Solutions and Promon are working together to help organizations protect their mobile apps from fraud. Get the Full Story Complete the form to...

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Visa Lets Banks Access Its In-House Cybersecurity Capabilities
Visa Lets Banks Access Its In-House Cybersecurity Capabilities
July 02, 2026  |  Cybersecurity

Visa debuted a solution designed to help financial institutions spot cyberthreats and prevent fraud, according to a Thursday (July 2) press release. Get the Full...

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42% of Issuers Say Fraud and Disputes Are Driving Up Costs
42% of Issuers Say Fraud and Disputes Are Driving Up Costs
July 02, 2026  |  Fraud Prevention

Fraud used to sit in the back office. Now it has a front-row seat in the issuer growth strategy. Every blocked purchase, failed dispute or...

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JPMorganChase and Amazon Back Aspen Institute Drive Against Scams
JPMorganChase and Amazon Back Aspen Institute Drive Against Scams
June 30, 2026  |  Fraud Prevention

The Aspen Institute Financial Security Program (Aspen FSP) has launched a new effort focused on reducing the scale and severity of scams affecting Americans. Get...

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Banks Deploy AI to Chase Stolen Funds After Instant Payments Clear
Banks Deploy AI to Chase Stolen Funds After Instant Payments Clear
June 29, 2026  |  Banking

Real-time payments move money faster, and they remove the window to recover it. Transactions sent over instant rails are irreversible. Once funds leave an account,...

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Apple Accelerates Security Updates to Preempt AI-Powered Exploits
Apple Accelerates Security Updates to Preempt AI-Powered Exploits
June 29, 2026  |  Cybersecurity

Apple has a new policy in which it has accelerated its release of security updates in response to the speed with which artificial intelligence can...

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