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.

This Week In Payments: Rules for AI, Block Picks a Fee Fight and FedNow Arrives

This Week In Payments: Rules for AI, Block Picks a Fee Fight and FedNow Arrives
This Week In Payments: Rules for AI, Block Picks a Fee Fight and FedNow Arrives
July 21, 2023  |  Payment Methods

This week in payments saw the SEC weigh in on artificial intelligence (AI), the long-awaited debut of the FedNow instant payments rail to mixed reviews,...

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FTX Sues Sam Bankman Fried and Former Executives
FTX Sues Sam Bankman Fried and Former Executives
July 21, 2023  |  Legal

The November 2022 collapse of FTX, one of the largest cryptocurrency exchanges, has sparked an investigation into the company’s finances. The latest development in the...

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OnlineCheckWriter.com Launches Automated Positive Pay Service
OnlineCheckWriter.com Launches Automated Positive Pay Service
July 20, 2023  |  Commercial Payments

B2B payment platform OnlineCheckWriter.com has launched a new security feature. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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When It Comes to Proving Their Identity, 40% of Consumers Say Make It Easy
When It Comes to Proving Their Identity, 40% of Consumers Say Make It Easy
July 19, 2023  |  Digital Identity

As fraudsters grow more sophisticated, so too must the fraud defenses of eCommerce sites and other operators who sail the shark-infested waters of digital commerce....

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Bottomline and Pay.UK Team on Fraud Prevention
Bottomline and Pay.UK Team on Fraud Prevention
July 17, 2023  |  Security & Fraud

Payments FinTech Bottomline has teamed with Pay.UK to help companies prevent fraud. Get the Full Story Complete the form to unlock this article and enjoy...

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Australia’s NAB Bars Payments to ‘High Risk’ Crypto Exchanges
Australia’s NAB Bars Payments to ‘High Risk’ Crypto Exchanges
July 17, 2023  |  Banking

National Australia Bank is blocking some cryptocurrency payments amid a nationwide wave of crypto scams. Get the Full Story Complete the form to unlock this article...

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Celsius Founder Facing Fraud Charges and 3 Regulatory Lawsuits
Celsius Founder Facing Fraud Charges and 3 Regulatory Lawsuits
July 13, 2023  |  Cryptocurrency

The ex-CEO of Celsius is facing federal fraud charges as the government’s crackdown on the cryptocurrency sector continues. Get the Full Story Complete the form to unlock...

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PYMNTS Intelligence: Why FinTechs Are Leaning Into AI to Fight Changing Fraud Threats
PYMNTS Intelligence: Why FinTechs Are Leaning Into AI to Fight Changing Fraud Threats
July 13, 2023  |  Fraud Prevention

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Former Chief Growth Officer of Frank Indicted for Fraud
Former Chief Growth Officer of Frank Indicted for Fraud
July 12, 2023  |  Security & Fraud

Federal prosecutors have filed charges against a second former executive of college financial-planning startup Frank. Get the Full Story Complete the form to unlock this...

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