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.

One Billion Consumers at Risk of India’s COVID Vaccine Data Breach

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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Commonwealth Bank of Australia Begins Restricting Payments to Crypto Exchanges
Commonwealth Bank of Australia Begins Restricting Payments to Crypto Exchanges
June 08, 2023  |  Cryptocurrency

Commonwealth Bank of Australia has started declining or holding for 24 hours certain payments to cryptocurrency exchanges. Get the Full Story Complete the form to unlock...

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Wirecard Trial Testimony: Ex-CEO Said Compliance Was ‘Crap’
Wirecard Trial Testimony: Ex-CEO Said Compliance Was ‘Crap’
June 07, 2023  |  Legal

Former Wirecard CEO Markus Braun was apparently not a big fan of compliance. Get the Full Story Complete the form to unlock this article and...

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FTC Returned $392 Million to Consumers After Law Enforcement Actions
FTC Returned $392 Million to Consumers After Law Enforcement Actions
June 06, 2023  |  Consumer Payments

The Federal Trade Commission (FTC) returned $392 million to consumers in 2022 after recovering the money in law enforcement actions. Get the Full Story Complete the form...

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Trulioo Expands ID Verification Platform’s AI-Powered Offerings
Trulioo Expands ID Verification Platform’s AI-Powered Offerings
June 06, 2023  |  Authentication

Trulioo has debuted expanded versions of its know your customer (KYC) and know your business (KYB) identity verification tools. Get the Full Story Complete the form...

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An Industry Insider on the Growing Importance of Compliance in Bank-FinTech Relationships
An Industry Insider on the Growing Importance of Compliance in Bank-FinTech Relationships
June 05, 2023  |  Banking

Nearly all banks view FinTech partnerships as important, but the partnership dynamics will be put to the test as new open banking regulations go into...

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