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.

Bankman-Fried Lawyers Blast ‘Barbaric’ 100-Year Sentence Recommendation

Bankman-Fried Lawyers Blast ‘Barbaric’ 100-Year Sentence Recommendation
Bankman-Fried Lawyers Blast ‘Barbaric’ 100-Year Sentence Recommendation
February 28, 2024  |  Legal & Regulation

Attorneys for convicted cryptocurrency fraudster Sam Bankman-Fried say their client is “selfless,” “altruistic” and “misunderstood.” Get the Full Story Complete the form to unlock this article and...

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US Money Laundering Fight May Soon Turn Corner
US Money Laundering Fight May Soon Turn Corner
February 28, 2024  |  Cybersecurity

Is the tide turning in America’s war on money laundering? Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Entersekt CPO Says Fighting Fraud Should Be Treated Like ‘Team Sport’
Entersekt CPO Says Fighting Fraud Should Be Treated Like ‘Team Sport’
February 28, 2024  |  Fraud Prevention

The launch of the FedNow® Service last year has transformed the instant payments landscape, unlocking real-time settlement capabilities 24/7/365. Get the Full Story Complete the...

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Continuous Verification and AI Can Drive Digital Banking Engagement
Continuous Verification and AI Can Drive Digital Banking Engagement
February 28, 2024  |  Authentication

As the payments landscape continues to advance and evolve, the central tenet of authentication remains the same. Get the Full Story Complete the form to...

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8 in 10 Merchants Screen Potential Fraud With Same-Payment-Method Retries
8 in 10 Merchants Screen Potential Fraud With Same-Payment-Method Retries
February 27, 2024  |  Fraud Prevention

In an effort to counter false declines and prevent unnecessary losses, PYMNTS Intelligence research finds, the vast majority of merchants are encouraging consumers to reattempt...

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AU10TIX Adds KYB to Identity Verification Offerings
AU10TIX Adds KYB to Identity Verification Offerings
February 27, 2024  |  Digital Identity

Israeli identity verification firm AU10TIX has launched a know-your-business (KYB) solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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As Data Breaches Proliferate, New NIST Playbook Offers Recovery Tactics
As Data Breaches Proliferate, New NIST Playbook Offers Recovery Tactics
February 27, 2024  |  Cybersecurity

Data breaches can have far-reaching impacts on operations, finances and reputations.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Nearly Half of Financial Institutions Believe Open Banking Risks Outweigh Rewards
Nearly Half of Financial Institutions Believe Open Banking Risks Outweigh Rewards
February 27, 2024  |  Cybersecurity

Nearly half of financial institution executives are concerned that open banking may not be a positive value proposition — especially in an environment of increasing...

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