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.

Today in Crypto: Payments Platform Wirex Makes US Debut; Tesla Says It Held $2B in Bitcoin at End of ’21
Today in Crypto: Payments Platform Wirex Makes US Debut; Tesla Says It Held $2B in...
February 07, 2022  |  Cryptocurrency

North Korea has reportedly used stolen crypto funds to help fund its missile development program, according to a Reuters report Monday (Feb. 7), which cited...

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Digital Dollar’s Power Problem: What Happens When the Lights Go Out?
Digital Dollar’s Power Problem: What Happens When the Lights Go Out?
February 07, 2022  |  CBDC

One of the big promises of central bank digital currencies (CBDCs) is that they are usable anywhere paper currencies are accepted. That is to say,...

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Today in the Connected Economy: Porsche Launches Connected Car ‘Data Cup’
Today in the Connected Economy: Porsche Launches Connected Car ‘Data Cup’
February 07, 2022  |  Connected Economy

Today in the connected economy, Porsche hosts the Porsche Data Cup, a contest open to developers from other companies designed to find new use cases...

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Fraud’s Impact on Crypto Is About More Than Money
Fraud’s Impact on Crypto Is About More Than Money
February 07, 2022  |  Security & Fraud

Compared to other financial industries, the cryptocurrency market is disproportionately subject to fraud, with a net fraud rate of 7.4% last year. Get the Full...

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nsKnox Debuts Bank Account Certificate
nsKnox Debuts Bank Account Certificate
February 07, 2022  |  Fraud Prevention

Security platform nsKnox on Monday (Feb. 7) introduced Bank Account Certificate, calling it a “fraud-proof approach to sharing and validating banking details.” Get the Full...

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A Connected Economy Requires Connected Risk Management
A Connected Economy Requires Connected Risk Management
February 07, 2022  |  Risk Management

Fraudsters aren’t contained to a 9-to-5 workday, and they’re not off on holidays and weekends. Instead, they’re working all hours of the day and night....

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US Treasury Eyes NFTs as Prime Target of Money Launderers
US Treasury Eyes NFTs as Prime Target of Money Launderers
February 06, 2022  |  NFTs

The U.S. Treasury is looking into the potential for nonfungible tokens, (NFTs) to be used in financial crimes. Get the Full Story Complete the form...

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Issues With Incentives Hint at Customer Acquisition Changes for Platforms in 2022
Issues With Incentives Hint at Customer Acquisition Changes for Platforms in 2022
February 03, 2022  |  Commerce

Customer acquisition strategies are now being questioned as platforms seek to extend a pandemic hot streak that’s showing signs of cooling down. Get the Full...

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PYMNTS Crime Series: Another Day, Another Nine-Figure Crypto Hack
PYMNTS Crime Series: Another Day, Another Nine-Figure Crypto Hack
February 03, 2022  |  Security & Fraud

Welcome to PYMNTS’ series on crypto crime. In it, we’ll be looking at the crimes that have not only been committed in the cryptocurrency industry...

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