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.

Congress Eyes Giving Federal Regulators More Tools to Combat Pandemic-Related Scams, Price Gouging
Congress Eyes Giving Federal Regulators More Tools to Combat Pandemic-Related Scams, Price Gouging
February 02, 2022  |  Security & Fraud

As the world enters the third year of battling COVID-19, lawmakers said regulators must do more to stop price gouging and scams targeting the public...

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66% of Businesses Now Collect Credit Info on New Suppliers
66% of Businesses Now Collect Credit Info on New Suppliers
February 01, 2022  |  B2B Payments

In the B2B ecosystem, firms must complete complex onboarding processes to set customers up for new transactions and vet new suppliers or vendors. While this...

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Preventing Online Fraud Should Start by Examining Customer Intent
Preventing Online Fraud Should Start by Examining Customer Intent
February 01, 2022  |  Security & Fraud

There are promises made in commerce — unspoken promises that are too often broken, inadvertently, in the digital age. Get the Full Story Complete the...

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Travala on the Onboarding Challenges of Cryptocurrency Payments
Travala on the Onboarding Challenges of Cryptocurrency Payments
January 31, 2022  |  Cryptocurrency

While cryptocurrency payments are rapidly gaining traction, accepting crypto comes with a variety of issues, such as long processing times and the risk of fraud....

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Citing Crypto Threats, ‘Must-Pass’ Bill Would Allow Broader Transaction Bans
Citing Crypto Threats, ‘Must-Pass’ Bill Would Allow Broader Transaction Bans
January 28, 2022  |  Cryptocurrency

A provision in the House’s version of the America COMPETES Act would strip the requirement for public notice and the time limit on the Treasury...

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Navigating The Challenges Of Cryptocurrency Payment Acceptance
Navigating The Challenges Of Cryptocurrency Payment Acceptance
January 28, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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As Money Laundering Booms, Crypto Thieves Flock to DeFi
As Money Laundering Booms, Crypto Thieves Flock to DeFi
January 27, 2022  |  Security & Fraud

The amount cryptocurrency stolen, scammed and blackmailed nearly doubled in 2021. So, it stands to reason that money laundering would be up as well. Get...

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Banks and Businesses Say Fraud Isn’t a Problem — Until It Happens to Them
Banks and Businesses Say Fraud Isn’t a Problem — Until It Happens to Them
January 26, 2022  |  Security & Fraud

Most people think their relatively paltry sum of money isn’t enough to make them the target of fraud, especially when there are so many other...

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When It Comes to Payments Fraud, Criminals Are Going Big
When It Comes to Payments Fraud, Criminals Are Going Big
January 26, 2022  |  Fraud Attack

Thirty percent of chief financial officers are responsible for their organization’s IT departments, but that doesn’t mean finance departments and IT operations are always working...

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