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.

How Crypto Shields Merchants Against Chargeback Fraud

How Crypto Shields Merchants Against Chargeback Fraud
How Crypto Shields Merchants Against Chargeback Fraud
August 23, 2022  |  Cryptocurrency

One way to get a merchant’s ears to perk up when the idea of accepting crypto payments comes up is to mention one big benefit:...

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PYMNTS Intelligence: Deploying Behavioral Analytics to Smooth Friction Points in the Customer Journey
PYMNTS Intelligence: Deploying Behavioral Analytics to Smooth Friction Points in the Customer Journey
August 22, 2022  |  Authentication

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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Cross River Bank’s PPP Lending Practices Raise Questions
Cross River Bank’s PPP Lending Practices Raise Questions
August 21, 2022  |  Loans

While Cross River Bank had been doing massive amounts of work helping small businesses get Paycheck Protection Program (PPP) loans at the beginning of the...

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Academic Study Finds Signs of Insider Trading at Crypto Exchange Coinbase Global
Academic Study Finds Signs of Insider Trading at Crypto Exchange Coinbase Global
August 17, 2022  |  Security & Fraud

A new study by three academics has found that insider trading at cryptocurrency exchange Coinbase Global may be more widespread than a case being pursued...

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COVID Fraud Could Hit $163B, Experts Say
COVID Fraud Could Hit $163B, Experts Say
August 17, 2022  |  Security & Fraud

While 1,500 people have been charged with pandemic fraud and 450 have been convicted, investigators are still chasing down abundant leads in what could top...

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Authorized Push Payment Fraud Is Fastest Growing Scam for One Good Reason
Authorized Push Payment Fraud Is Fastest Growing Scam for One Good Reason
August 17, 2022  |  Security & Fraud

The financial services industry has done a good job safeguarding consumers from third-party fraud — that age-old ruse in which bad actors steal personal information,...

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76% of Merchants Prefer to Manage Chargeback Disputes With Third-Party Tools
76% of Merchants Prefer to Manage Chargeback Disputes With Third-Party Tools
August 08, 2022  |  Security & Fraud

An unwelcome side effect of the eCommerce and digital payments boom is the burden of chargebacks and disputes, and more merchants and brands are finding...

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CFPB Fine Prompts Senators to Demand More Info From US Bank 
CFPB Fine Prompts Senators to Demand More Info From US Bank 
August 08, 2022  |  CFPB

Several Democratic senators fired off a letter to U.S. Bank CEO Andrew Cecere demanding additional information after the Consumer Financial Protection Bureau (CFPB) fined the...

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Report: Experian Faces Class-Action Lawsuit Over Security Concerns
Report: Experian Faces Class-Action Lawsuit Over Security Concerns
August 07, 2022  |  Legal

Consumer credit bureau Experian is facing a class-action lawsuit over allegations that it didn’t do enough to prevent identity thieves from sabotaging peoples’ accounts. Get...

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