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.

SEC Charges Frank Founder With Fraud in $175 Million Sale to JPMorgan

SEC Charges Frank Founder With Fraud in $175 Million Sale to JPMorgan
SEC Charges Frank Founder With Fraud in $175 Million Sale to JPMorgan
April 04, 2023  |  Security & Fraud

Federal regulators say the founder of student financial aid company Frank defrauded America’s biggest bank. Get the Full Story Complete the form to unlock this...

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PSCU Debuts AI-Driven Fraud Decisioning Tool
PSCU Debuts AI-Driven Fraud Decisioning Tool
April 04, 2023  |  artificial intelligence

Credit union service organization PSCU has unveiled a tool to ferret out fraudulent transactions. Get the Full Story Complete the form to unlock this article...

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PYMNTS Intelligence: How SMBs Can Fight the Fraud Threats of Remote Work
PYMNTS Intelligence: How SMBs Can Fight the Fraud Threats of Remote Work
April 04, 2023  |  Fraud Prevention

Remote working was a boon to businesses during the pandemic, as technology allowed many companies to remain productive when much of the world was shutting down. Along with...

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80% of Larger FinTechs’ Customers Have ‘No Problems’ When Sending Money
80% of Larger FinTechs’ Customers Have ‘No Problems’ When Sending Money
April 03, 2023  |  Digital Banking

For FinTechs, the key to keeping customers lies with speed and ease, especially for money mobility. Get the Full Story Complete the form to unlock...

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As Remote Work and Travel Normalize, SMBs Tackle Challenge of Payment Fraud
As Remote Work and Travel Normalize, SMBs Tackle Challenge of Payment Fraud
April 03, 2023  |  Fraud Prevention

Nearly nine in 10 companies say remote work has given bad actors a new way to find and exploit weak fraud and security measures, a...

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Trust and Data Give Credit Unions a Cost-Effective Edge When Fighting Fraud, Says PSCU
Trust and Data Give Credit Unions a Cost-Effective Edge When Fighting Fraud, Says PSCU
March 30, 2023  |  Security & Fraud

For financial institutions — credit unions, especially — fighting fraud is a nuanced battle. Get the Full Story Complete the form to unlock this article...

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Bridge Millennials Want Payments Innovation as Long as It’s Secure
Bridge Millennials Want Payments Innovation as Long as It’s Secure
March 29, 2023  |  Security & Fraud

This second-to-last installment of PYMNTS’ generational mini-series takes a closer look at the digital habits and behavior of bridge millennials. Get the Full Story Complete...

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Open Banking Account Verification Builds the ‘Foundation’ for Fighting Fraud
Open Banking Account Verification Builds the ‘Foundation’ for Fighting Fraud
March 29, 2023  |  Fraud Prevention

The benefits of open banking are multi-faceted, Ramesh Menon, group director, product management of LSEG Digital Identity/Account Verification and Fraud Solutions, told PYMNTS. Get the...

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CSI and Hawk:AI Partner on AI-Powered Anti-Fraud and AML Tools
CSI and Hawk:AI Partner on AI-Powered Anti-Fraud and AML Tools
March 28, 2023  |  Partnerships

CSI and Hawk:AI have partnered on artificial intelligence (AI)-powered tools to combat financial crimes. Get the Full Story Complete the form to unlock this article...

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