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.

60% of Banks Embrace Payment Hubs to Modernize Digital Experiences
60% of Banks Embrace Payment Hubs to Modernize Digital Experiences
August 05, 2025  |  Digital Banking

As digital expectations reshape finance, traditional banks are finding that staying competitive and operationally sound hinges on a singular, modernized approach to payments rather than...

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FinCEN Sounds Warning on Virtual Currency Kiosk Scams
FinCEN Sounds Warning on Virtual Currency Kiosk Scams
August 04, 2025  |  Security & Fraud

The Treasury Department is warning financial institutions to watch for scams involving convertible virtual currency (CVC) kiosks. Get the Full Story Complete the form to unlock this...

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US Says Cambodia’s Huione Group Is Crime Hub
US Says Cambodia’s Huione Group Is Crime Hub
August 03, 2025  |  Fraud Attack

Cambodia’s Huione Group offers things like insurance, money exchange and financial services. Get the Full Story Complete the form to unlock this article and enjoy...

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Why i2c Sees Opportunity in Economic Turbulence
Why i2c Sees Opportunity in Economic Turbulence
July 29, 2025  |  Payments Innovation

Watch more: i2c: Client Engagement and ‘Thoughtful Acceleration’ Key to Navigating Uncertainty Get the Full Story Complete the form to unlock this article and enjoy...

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Scammers Share of Banking Fraud Losses Doubles to 27%
Scammers Share of Banking Fraud Losses Doubles to 27%
July 29, 2025  |  Security & Fraud

The escalating sophistication of financial scams is forcing financial institutions to re-evaluate their defense strategies, as new research reveals that criminals are now mimicking legitimate...

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Mastercard Targets ‘Fast Fraud’ With A2A Protect Launch
Mastercard Targets ‘Fast Fraud’ With A2A Protect Launch
July 28, 2025  |  Mastercard

Mastercard has launched a service designed to protect account-to-account (A2A) payments against fraud. Get the Full Story Complete the form to unlock this article and...

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TikTok Scam Drains $17 Million From New York ATMs
TikTok Scam Drains $17 Million From New York ATMs
July 25, 2025  |  Fraud Attack

A viral cash-out scam linked to TikTok has drained $17 million from New York ATMs in under three days, exploiting city-issued youth jobs program cards,...

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Fraud-Compliance Gaps Undermine Two-Thirds of Issuers
Fraud-Compliance Gaps Undermine Two-Thirds of Issuers
July 24, 2025  |  Fraud Prevention

As fraud threats become more sophisticated and regulatory scrutiny intensifies, financial institutions are under growing pressure to strengthen their defenses. Get the Full Story Complete...

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Walmart Details Efforts to Crack Down on Counterfeit Sellers
Walmart Details Efforts to Crack Down on Counterfeit Sellers
July 23, 2025  |  Retail

Walmart says it is making efforts to rid its online marketplace of counterfeit sellers. Get the Full Story Complete the form to unlock this article and...

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