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.

Executives See Speed, Trust and Data Reshaping Payments in 2026
Executives See Speed, Trust and Data Reshaping Payments in 2026
May 25, 2026  |  Payments Innovation

The first half of the year has been full of big themes, but the sharpest insights often came in the clearest sentences. Across PYMNTS Intelligence...

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The Fed Account Access Fight Is Becoming a Risk Test for FinTechs
The Fed Account Access Fight Is Becoming a Risk Test for FinTechs
May 22, 2026  |  Legal & Regulation

For years, the argument over Federal Reserve account access has largely centered on who gets in. The latest executive and regulatory moves suggest the next...

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Visa Says Fraudsters Adapt as Payment Security Tightens
Visa Says Fraudsters Adapt as Payment Security Tightens
May 22, 2026  |  Payment Methods

Scams have become the fastest-growing threat to payment security, Visa said in a new report. Criminals have shifted their focus to deceiving humans rather than...

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EU Consumer Group Says Tech Giants Failed to Block Scam Ads
EU Consumer Group Says Tech Giants Failed to Block Scam Ads
May 21, 2026  |  Cybersecurity

The European Consumer Organisation (BEUC), a consumer group in the European Union, said in a Thursday (May 21) press release that Google, Meta and TikTok...

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Apple Says App Store Shut Down 1 Billion Fake Accounts in 2025
Apple Says App Store Shut Down 1 Billion Fake Accounts in 2025
May 20, 2026  |  Fraud Prevention

Apple’s App Store prevented $2.2 billion in fraudulent transactions last year. That’s according to the tech giant’s annual fraud prevention report, issued Wednesday (May 20) and...

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Mastercard Intros Strategy to Ferret Out Scam Merchants
Mastercard Intros Strategy to Ferret Out Scam Merchants
May 19, 2026  |  Payment Methods

Mastercard wants to help banks and payment companies separate legitimate merchants and scammers. That’s the goal of Merchant Trust Services, a new strategy that uses...

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Anthropic Will Update Regulators on Mythos’ Cyber Vulnerability Findings
Anthropic Will Update Regulators on Mythos’ Cyber Vulnerability Findings
May 18, 2026  |  Cybersecurity

Anthropic will reportedly meet with financial regulators about cyber defense weaknesses uncovered by its artificial intelligence model. The AI startup agreed to meet with members...

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Elliptic CEO Says AI Could Overwhelm Financial Compliance Teams
Elliptic CEO Says AI Could Overwhelm Financial Compliance Teams
May 18, 2026  |  Cryptocurrency

Cryptocurrency security firms are rethinking compliance as artificial intelligence plays a larger role in financial transactions, CoinDesk reported Monday (May 18). “When you think about...

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AI Cyber Threats Shake Crypto Industry
AI Cyber Threats Shake Crypto Industry
May 15, 2026  |  Cybersecurity

The April hacks of crypto companies Drift and Kelp DAO have shaken the crypto sector because those attacks may have been aided by artificial intelligence (AI), Bloomberg reported Friday...

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