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.

Checkout.com Introduces Fraud Detection Tool for Merchants

Checkout.com Introduces Fraud Detection Tool for Merchants
Checkout.com Introduces Fraud Detection Tool for Merchants
October 19, 2022  |  Cybersecurity

The U.K.-based payments service provider Checkout.com on Wednesday (Oct. 19) announced the launch of a new anti-fraud tool, Fraud Detection Pro. Get the Full Story Complete...

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Today in Crypto: Lawmaker Says US Needs CBDC to Remain in ‘the game’; BitKeep Wallet to Reimburse Users in $1M Hack
Today in Crypto: Lawmaker Says US Needs CBDC to Remain in ‘the game’; BitKeep Wallet...
October 18, 2022  |  Cryptocurrency

Crypto wallet BitKeep has been hacked for more than $1 billion in BNB Chain and Polygon-based tokens on Tuesday (Oct. 18), a Coindesk report said....

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UK Sees 13% YoY Drop In H1 Fraud Losses As In-Person Scams Surge
UK Sees 13% YoY Drop In H1 Fraud Losses As In-Person Scams Surge
October 18, 2022  |  Cybersecurity

In the never-ending cat-and-mouse game between those looking to defraud consumers and others looking to protect them, the advent of enhanced Strong Customer Authentication (SCA)...

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CFPB: Active Network Duped Users Into $300M in Junk Fees
CFPB: Active Network Duped Users Into $300M in Junk Fees
October 18, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has sued Active Network, saying the online event registration company duped people into signing up for its discount subscription...

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Featurespace, Global Processing Services Team to Detect Issuer Payments Fraud
Featurespace, Global Processing Services Team to Detect Issuer Payments Fraud
October 18, 2022  |  Partnerships

Payments technology company Global Processing Services (GPS) is advancing its fraud detection capabilities through a new collaboration with fraud detection and risk management firm Featurespace....

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95% of FIs Tap Power of Receipt Data
95% of FIs Tap Power of Receipt Data
October 17, 2022  |  Data & Research

Receipts aren’t just pieces of paper that end up at the bottom of your shopping bag. Get the Full Story Complete the form to unlock...

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Today in Crypto: High School Hacker to Pay $22M in AT&T Case
Today in Crypto: High School Hacker to Pay $22M in AT&T Case
October 16, 2022  |  Cryptocurrency

Twenty-year-old crypto hacker Ellis Pinsky will have to pay $22 million to the victim of his scheme, crypto investor Michael Terpin, Coindesk wrote. Get the...

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AI Provides Context Needed to Help Banks Stop Financial Scams
AI Provides Context Needed to Help Banks Stop Financial Scams
October 13, 2022  |  Cybersecurity

In a recent conversation with Karen Webster, Featurespace Founder Dave Excell and MidFirst Bank Vice President and Director of Enterprise Fraud Candler Eve sounded the...

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