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.

Banks Deploy Cryptographic Fingerprints to Combat Duplicate Trade Financing Fraud
Banks Deploy Cryptographic Fingerprints to Combat Duplicate Trade Financing Fraud
April 18, 2022  |  B2B Payments

When Surecomp announced Tuesday (April 12) a solution to mitigate the risk of duplicate trade financing fraud, the company tackled a type of fraud that...

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PYMNTS AM Radar: Shopping with Bitcoin; Office Makeover; Subscription Model Facelift; Fighting Fraudsters; DOJ Tightens Leniency 
PYMNTS AM Radar: Shopping with Bitcoin; Office Makeover; Subscription Model Facelift; Fighting Fraudsters; DOJ Tightens...
April 18, 2022  |  Commerce

It’s Monday, April 18 and today is tax day. While you can’t pay your taxes in cryptocurrency, your eCurrency gains are taxable. But if you...

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Multistep Validation Helps Buyers Slam the Gate on B2B Payments Fraud
Multistep Validation Helps Buyers Slam the Gate on B2B Payments Fraud
April 18, 2022  |  B2B Payments

The fraudsters just keep getting more brazen. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Today in Crypto: Wallet Linked to North Korea Continues Laundering Ronin Theft; Crypto Companies Optimistic About Regulation; Taxpayers Surprised by Crypto Reporting Requirements
Today in Crypto: Wallet Linked to North Korea Continues Laundering Ronin Theft; Crypto Companies Optimistic...
April 17, 2022  |  Cryptocurrency

XRP and dogecoin have added more than 6% each in the last day, with catalysts driving both despite a weakening market, CoinDesk wrote. Get the...

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FTC Issues $4.8M in Refunds to Debt Collector Victims
FTC Issues $4.8M in Refunds to Debt Collector Victims
April 15, 2022  |  Debt

The Federal Trade Commission (FTC) issued more than $4.8 million in refunds to victims of unlawful debt collection practices last year, the agency said in...

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Report: IRS Investigates Amex Pitches to Businesses
Report: IRS Investigates Amex Pitches to Businesses
April 15, 2022  |  Taxes

The federal Internal Revenue Service is investigating whether American Express sales staff gave faulty tax guidance to potential customers in an effort to sell them...

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Internet Crime Center Issues Warning About New Texting Scam
Internet Crime Center Issues Warning About New Texting Scam
April 15, 2022  |  Security & Fraud

The U.S. Internet Crime Complaint Center, also known as IC3, is warning the public about a cybersecurity scam that tricks people into transferring funds in...

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FinCrime Predictions, Trends to Watch
FinCrime Predictions, Trends to Watch
April 15, 2022  |  Opinion

The more things change, the more things stay the same. This has been made abundantly clear in the banking and finance sectors, where the circumstances...

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Today in Data: Crypto Is at the Center of the Payments Universe
Today in Data: Crypto Is at the Center of the Payments Universe
April 14, 2022  |  Today In Data

Today in data, Ark Invest sells its PayPal stake because it believes in Cash App’s cryptocurrency-focused future. Plus, Ethereum Foundation developer Virgil Griffith gets a...

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