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.

Behavioral Analytics Fights eCommerce Fraud and Friction in Real Time

Behavioral Analytics Fights eCommerce Fraud and Friction in Real Time
Behavioral Analytics Fights eCommerce Fraud and Friction in Real Time
May 19, 2022  |  Security & Fraud

The pandemic has significantly changed consumer behavior and preferences, pushing banks to upgrade their processes to meet these shifting demands. Get the Full Story Complete...

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EMEA Daily: UK to Unveil New Rules to Target Push Payment Fraud
EMEA Daily: UK to Unveil New Rules to Target Push Payment Fraud
May 18, 2022  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, the United Kingdom’s Payment System Regulator (PSR) gets ready to roll out new rules targeting...

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The Data Point: 68% of B2B Firms in Retail, Manufacturing Unsatisfied With Fraud Solution
The Data Point: 68% of B2B Firms in Retail, Manufacturing Unsatisfied With Fraud Solution
May 18, 2022  |  Fraud Prevention

As goes the online marketplace, so goes fraud. Cybercrooks treat online marketplaces like great fishing spots, ceaselessly testing for vulnerabilities — and often finding them — to...

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UK Payment Regulator to Get More Powers to Fight Authorized Push Payment Fraud 
UK Payment Regulator to Get More Powers to Fight Authorized Push Payment Fraud 
May 18, 2022  |  Security & Fraud

The U.K. Payment System Regulator (PSR) is continuing its fight against authorized push payment (APP) fraud. New rules and legislation will provide the regulator with...

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The Data Point: 92% of Merchants Using Only Third-Party Tech Keep Chargebacks Under 0.5%
The Data Point: 92% of Merchants Using Only Third-Party Tech Keep Chargebacks Under 0.5%
May 17, 2022  |  Fraud Prevention

Fraud detection is constantly improving, but so are the capabilities of fraud rings and hackers, making choice of fraud detection and dispute resolution technology critically...

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PYMNTS AM Radar: Disputes and Fraud; FinTech Fairness; Delivering Cravings; Invisible Payments; ICYMI
PYMNTS AM Radar: Disputes and Fraud; FinTech Fairness; Delivering Cravings; Invisible Payments; ICYMI
May 16, 2022  |  Payment Methods

Today is Monday, May 16, and nuns are Tik-Toking about #ConventLife, while North Korean leader Kim Jong Un is launching a military response to the...

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Treasury Dept. Outlines Strategy to Fight Terrorist Funding, Illicit Finance
Treasury Dept. Outlines Strategy to Fight Terrorist Funding, Illicit Finance
May 13, 2022  |  Security & Fraud

The U.S. Department of the Treasury issued its strategy for fighting illicit financing Friday (May 13), highlighting measures designed to make the financial system more...

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Twitter’s Buyout Pause Shows Platforms Need Robust Verification Tools in Battle vs Bots
Twitter’s Buyout Pause Shows Platforms Need Robust Verification Tools in Battle vs Bots
May 13, 2022  |  Fraud Prevention

For the Twitter bid a la Elon Musk, the lesson is: Easy come, easy go. Get the Full Story Complete the form to unlock this article...

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Texas Man Gets 5 Years in Prison for Role in PayPal Fraud Scheme
Texas Man Gets 5 Years in Prison for Role in PayPal Fraud Scheme
May 11, 2022  |  Legal

The Department of Justice has reported that 37-year-old Marcos Ponce of Austin, Texas, was sentenced to five years in prison for a scheme to buy...

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