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.

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

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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  |  Cybersecurity

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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UK Supreme Court Rules Customers Liable for Fraud Through Bank Accounts
UK Supreme Court Rules Customers Liable for Fraud Through Bank Accounts
July 12, 2023  |  Banking

The United Kingdom’s Supreme Court has reportedly ruled that customers are liable for fraud through their accounts when the bank carried out instructions expressly authorized...

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Threat of Deepfakes Drives Two-Thirds of FinTechs to Boost Fraud Budgets
Threat of Deepfakes Drives Two-Thirds of FinTechs to Boost Fraud Budgets
July 12, 2023  |  Fraud Prevention

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Why Whack-a-Mole Risk Prevention Won’t Work in Today’s Data Economy
Why Whack-a-Mole Risk Prevention Won’t Work in Today’s Data Economy
July 11, 2023  |  Fraud Prevention

When it comes to digital risk, the best defense is a good offense. Get the Full Story Complete the form to unlock this article and...

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Report: Revolut US Payments Flaw Leads to $20 Million Theft
Report: Revolut US Payments Flaw Leads to $20 Million Theft
July 09, 2023  |  Cybersecurity

A flaw in Revolut’s U.S. payment system reportedly let criminals steal more than $20 million. Get the Full Story Complete the form to unlock this article...

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UK Finance: 61% of Push Payments Fraud Tied to Meta
UK Finance: 61% of Push Payments Fraud Tied to Meta
July 09, 2023  |  Cybersecurity

British lobbying group UK Finance has reportedly tied a bulk of the country’s digital payments fraud to Meta Platforms. Get the Full Story Complete the form to...

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Senators Call for New Rules to Combat AI-Powered Scams
Senators Call for New Rules to Combat AI-Powered Scams
July 07, 2023  |  Fraud Prevention

Senators have called on regulators to protect consumers from artificial intelligence (AI)-powered scams. Get the Full Story Complete the form to unlock this article and...

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