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.

Two Former Wirecard Executives Sentenced to Prison in Singapore

Two Former Wirecard Executives Sentenced to Prison in Singapore
Two Former Wirecard Executives Sentenced to Prison in Singapore
June 20, 2023  |  Security & Fraud

Two former Wirecard executives have been sentenced to prison in Singapore. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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OCC Head: AI Offers Banks Benefits and Risks as It Is ‘Built to Learn’
OCC Head: AI Offers Banks Benefits and Risks as It Is ‘Built to Learn’
June 16, 2023  |  Artificial Intelligence

For Michael J. Hsu, the acting U.S. Comptroller of the Currency, the potential benefits of using widespread artificial intelligence (AI) in banking “are significant.” Get...

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How Banks and Merchants Make Payments Easy While Keeping Them Safe
How Banks and Merchants Make Payments Easy While Keeping Them Safe
June 16, 2023  |  Security & Fraud

Today’s new digital operating environment is ripe with opportunities for payment innovations. Get the Full Story Complete the form to unlock this article and enjoy...

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Senators Demand Answers From Venmo and Cash App on Fraud
Senators Demand Answers From Venmo and Cash App on Fraud
June 16, 2023  |  Security & Fraud

A quartet of Senate Democrats want Venmo and Cash App to offer better fraud protection. Get the Full Story Complete the form to unlock this...

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Hacking Group Clop Adds to Growing List of Victims
Hacking Group Clop Adds to Growing List of Victims
June 16, 2023  |  Security & Fraud

A hacking group known as Clop reportedly continues to steal sensitive data from companies around the world. Get the Full Story Complete the form to...

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One Billion Consumers at Risk of India’s COVID Vaccine Data Breach
One Billion Consumers at Risk of India’s COVID Vaccine Data Breach
June 12, 2023  |  Security & Fraud

India’s Ministry of Health and Family Welfare is investigating what it called baseless reports of a data breach of its COVID vaccine database. Get the...

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Merchants Using In-House Systems Miss 10% of Family Fraud Instances
Merchants Using In-House Systems Miss 10% of Family Fraud Instances
June 12, 2023  |  Fraud Prevention

Fraud is often hard to identify and resolve, and expensive, especially for large merchants using in-house solutions where fraudulent transaction dispute losses can total as...

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Behavioral-Driven Fraud Is Having a Modern Day Renaissance
Behavioral-Driven Fraud Is Having a Modern Day Renaissance
June 09, 2023  |  Security & Fraud

Powered by technology like generative artificial intelligence (AI), behavioral-driven fraud is enjoying a modern renaissance. Get the Full Story Complete the form to unlock this...

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60 Years on, Banks Say it’s Time to Leave Passwords and Embrace Biometrics
60 Years on, Banks Say it’s Time to Leave Passwords and Embrace Biometrics
June 09, 2023  |  Security & Fraud

Companies have had to ensure the validity of customers interacting with them — while also providing a frictionless experience — since the very dawn of...

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