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’ Growing Fraud Tech Stacks Create an Integration Challenge
Banks’ Growing Fraud Tech Stacks Create an Integration Challenge
October 20, 2026  |  Cybersecurity

Banks have plenty of fraud technology, but getting all of it to work as a cohesive line of defense is becoming a problem. The PYMNTS...

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Mastercard Extends Risk Capabilities to Stablecoin Payments
Mastercard Extends Risk Capabilities to Stablecoin Payments
October 19, 2026  |  Blockchain

Mastercard introduced a risk intelligence solution designed to enable more secure stablecoin payments, the company said in a Monday (Oct. 19) press release. The new...

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Stablecoins Move From Making Payments to Making Loans
Stablecoins Move From Making Payments to Making Loans
October 19, 2026  |  Cryptocurrency

More digital assets are moving into lending strategies, turning stablecoin and cryptocurrency holdings into credit exposure for investors seeking yield. The growth shows how the...

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Scams Capture 22.4% of Fraud Dollars as Banks Adjust Defenses
Scams Capture 22.4% of Fraud Dollars as Banks Adjust Defenses
October 16, 2026  |  Fraud Prevention

Banks have an opportunity to strengthen fraud prevention by looking more closely at payments that arrive with a valid login or a customer’s approval. That’s...

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Nearly 9 in 10 Card Issuers Turn to AI to Stop Fraud Without Blocking Sales
Nearly 9 in 10 Card Issuers Turn to AI to Stop Fraud Without Blocking Sales
October 15, 2026  |  Fraud Prevention

For card issuers, artificial intelligence is moving closer to the transaction itself. Eighty-nine percent of issuers plan to adopt or expand at least one AI...

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Brooklyn DA Shuts Down Multi-Million Dollar Crypto Scam Operation
Brooklyn DA Shuts Down Multi-Million Dollar Crypto Scam Operation
October 14, 2026  |  Fraud Prevention

Brooklyn’s district attorney’s office says it has disrupted a multinational cryptocurrency fraud operation targeting Russians in the U.S. The investigation by the office’s Virtual Currency...

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Finance Teams Finally Have Proof AI Fraud Tools Pay Off
Finance Teams Finally Have Proof AI Fraud Tools Pay Off
October 14, 2026  |  Fraud Prevention

Fraud teams have spent years weighing whether artificial intelligence (AI) can improve on manual controls. For companies that have deployed the technology, the results are...

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Tech Giants and Global Police Dismantle West African Scam Rings
Tech Giants and Global Police Dismantle West African Scam Rings
October 13, 2026  |  Fraud Prevention

A coordinated effort by international law enforcement agencies and tech companies to crack down on fraud and scams based in countries across West Africa led...

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Cyber Risks Turn Physical When Hackers Control the Retail Thermostat
Cyber Risks Turn Physical When Hackers Control the Retail Thermostat
October 13, 2026  |  Cybersecurity

An unidentified hacking group, or several of them, wrought havoc across hundreds of European supermarkets this week. The root cause of the fiasco wasn’t stolen...

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