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.

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...

READ MORE >
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...

READ MORE >
UK Online Safety Bill Can Reduce Authorized Push Payment Fraud 
UK Online Safety Bill Can Reduce Authorized Push Payment Fraud 
April 14, 2022  |  Security & Fraud

The U.K. Online Safety Bill was introduced in the U.K. Parliament on March 17, 2022, to curb online harms by significantly increasing the responsibilities of...

READ MORE >
5 Things to Start Your Day: Fed Top Cop Slot; Cross-Channel Retail; Card-Not-Present Friction; Amazon-Walmart Smackdown; Buy Now, Regulate Later 
5 Things to Start Your Day: Fed Top Cop Slot; Cross-Channel Retail; Card-Not-Present Friction; Amazon-Walmart...
April 13, 2022  |  Retail

It’s Wednesday, April 13 and retail news is topping headlines as the buy now, pay later sector goes under the microscope of the Consumer Financial...

READ MORE >
Surecomp Debuts Duplicate Financing Fraud Prevention
Surecomp Debuts Duplicate Financing Fraud Prevention
April 12, 2022  |  Fraud Prevention

Surecomp is launching a new offering that uses advanced cryptographic technology to allow financial institutions (FIs) to lessen the risk of duplicate financing fraud, according...

READ MORE >
Mitigating Digital Fraud Risk to Drive B2B Business Growth
Mitigating Digital Fraud Risk to Drive B2B Business Growth
April 11, 2022  |  Opinion

The digital shift has brought a rapid increase in fraud along with it. In the PYMNTS eBook, “Endemic Economics: 32 Payments Execs on the ‘Next...

READ MORE >
Synovus Bank: Navigating the New Landscape of Compliance and Risk
Synovus Bank: Navigating the New Landscape of Compliance and Risk
April 11, 2022  |  Security & Fraud

Strong fraud protections, anti-money laundering (AML) compliance and seamless user experiences go together in today’s marketplace. Get the Full Story Complete the form to unlock...

READ MORE >
New Jersey Man Admits His Invoice Factoring Company Bilked Lenders of $50M
New Jersey Man Admits His Invoice Factoring Company Bilked Lenders of $50M
April 08, 2022  |  Security & Fraud

A New Jersey man admitted Thursday (April 7) to running a decade-long invoice factoring scheme that bilked lenders of $50 million, the U.S. Attorney’s Office...

READ MORE >
Only One-Third of Businesses Are ‘Very Satisfied’ With Their Current Cybersecurity Defenses
Only One-Third of Businesses Are ‘Very Satisfied’ With Their Current Cybersecurity Defenses
April 07, 2022  |  Fraud Prevention

Only 32% of businesses are “very” or “extremely” satisfied with their current anti-fraud methods, according to “Risk And Resilience,” a PYMNTS and TreviPay collaboration based...

READ MORE >