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.

Today in Retail: May Retail Sales Dip 0.3%; H&M Gets Q2 Boost in Foot Traffic
Today in Retail: May Retail Sales Dip 0.3%; H&M Gets Q2 Boost in Foot Traffic
June 15, 2022  |  Retail

Today in retail, retail sales fall unexpectedly in May, while shoppers return to H&M stores. Plus, retailers fight fraud, Shopee cuts staff, Walmart teams with...

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Spike in Friendly Fraud Triggers Review of Chargeback Mechanisms
Spike in Friendly Fraud Triggers Review of Chargeback Mechanisms
June 15, 2022  |  Security & Fraud

First-party misuse — known as “friendly” fraud — can be difficult to detect, and reducing it is a delicate matter of telling true policy abusers...

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Retailers Counter Fraud With Digital Innovation — and a Bit of Kindness
Retailers Counter Fraud With Digital Innovation — and a Bit of Kindness
June 15, 2022  |  Security & Fraud

Fraud prevention platforms are fine-tuning as the dust of the great digital shift settles, and a prime revelation from this activity is that stopping fraud...

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LHV UK Fights Push Payment Fraud With Confirmation of Payee Service
LHV UK Fights Push Payment Fraud With Confirmation of Payee Service
June 14, 2022  |  Security & Fraud

Banking services provider LHV UK is fighting authorized push payment (APP) fraud with the integration of the Confirmation of Payee (CoP) service, now live for...

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Virgin Money Teams With SurePay on CoP Solution
Virgin Money Teams With SurePay on CoP Solution
June 13, 2022  |  Fraud Prevention

Payment information company SurePay has teamed up with Virgin Money to help the company implement its U.K. Confirmation of Payee (CoP) solution to guard consumers...

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Today in the Connected Economy: Apple Watch Upgrade to Expand Health Monitoring
Today in the Connected Economy: Apple Watch Upgrade to Expand Health Monitoring
June 10, 2022  |  Connected Economy

Today in the connected economy, Apple’s watch will incorporate improvements to its health applications. Plus, the Bank of England (BoE) tests some of the country’s...

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Money Mobility Playbook: How to Manage Security, Customer Experience Risks
Money Mobility Playbook: How to Manage Security, Customer Experience Risks
June 10, 2022  |  Security & Fraud

No matter what form it takes, risk is inherent in money mobility, since delivering instant or near-instant payments to multiple endpoints in a range of...

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NEW REPORT: Why Two-Thirds of US Businesses Resist Real-Time Payments Adoption
NEW REPORT: Why Two-Thirds of US Businesses Resist Real-Time Payments Adoption
June 09, 2022  |  Payments Innovation

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AI Helps Businesses Tell Friend from Foe
AI Helps Businesses Tell Friend from Foe
June 08, 2022  |  artificial intelligence

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