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: Managing the Costs and Challenges of Regulatory Compliance

PYMNTS Intelligence: Managing the Costs and Challenges of Regulatory Compliance
PYMNTS Intelligence: Managing the Costs and Challenges of Regulatory Compliance
September 06, 2022  |  Consumer Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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B2B Payments Need to Be Faster, Low-Fee and Fraud-Free
B2B Payments Need to Be Faster, Low-Fee and Fraud-Free
September 06, 2022  |  B2B Payments

Although payments systems have been around for centuries, building a reliable, modern and scalable system is rife with challenges, Shruthi Murthy, head of engineering at...

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Cybersecurity Breach at Samsung Exposes US Customer Personal Info
Cybersecurity Breach at Samsung Exposes US Customer Personal Info
September 05, 2022  |  Security & Fraud

Samsung was the victim of a cybersecurity breach in late July, which saw United States customers’ personal information exposed. Get the Full Story Complete the...

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Report: UK Already Suspects $1.3B ‘Bounce-Back’ Loans Fraudulent
Report: UK Already Suspects $1.3B ‘Bounce-Back’ Loans Fraudulent
September 02, 2022  |  Security & Fraud

The British government reportedly expects that 3.3 billion pounds (about $3.8 billion) of the “bounce-back” loans it made to small- to medium-sized businesses (SMBs) in...

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African FinTech EFT Corporation Fights Fraud With ACI Worldwide Partnership
African FinTech EFT Corporation Fights Fraud With ACI Worldwide Partnership
August 31, 2022  |  Fraud Prevention

End-to-end payment solutions provider EFT Corporation is instituting new fraud protection measures across Africa through a partnership with real-time payments firm ACI Worldwide. Get the Full Story...

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US Rep to Regulators, Crypto Firm: How Do You Deal With Fraud?
US Rep to Regulators, Crypto Firm: How Do You Deal With Fraud?
August 30, 2022  |  Cryptocurrency

The head of the House Subcommittee on Economic and Consumer Policy has written to numerous federal agencies and cryptocurrency exchanges seeking answers on the steps...

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Walmart Says FTC Lawsuit Over Money Transfers Is ‘Overreach’
Walmart Says FTC Lawsuit Over Money Transfers Is ‘Overreach’
August 29, 2022  |  Legal

Walmart on Monday (Aug. 29) asked a federal court to dismiss a Federal Trade Commission lawsuit against the retailer, calling the case “an egregious instance...

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FTC Warns Public About Student Loan Forgiveness, Payment Pause Scams
FTC Warns Public About Student Loan Forgiveness, Payment Pause Scams
August 26, 2022  |  Security & Fraud

The federal government’s plan to forgive some student loans isn’t up and running yet, but it’s certainly been getting a lot of coverage in the...

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Cash App, Block Accused of Negligence in Class Action Over Breach
Cash App, Block Accused of Negligence in Class Action Over Breach
August 25, 2022  |  Legal

A class action was filed against mobile payments company Cash App Investing and its parent Block over “negligent” behavior related to the December 2021 data breach...

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