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.

Travel Recovery in South Korea Makes Strong Case for Localized Payments

Travel Recovery in South Korea Makes Strong Case for Localized Payments
Travel Recovery in South Korea Makes Strong Case for Localized Payments
June 22, 2022  |  Travel Payments

Neither pandemic flareups nor inflation will deter adventurous South Korean travelers from booking travel in a recovery year, but it’s an advanced market that demands...

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How to Catch a Cyberthief
How to Catch a Cyberthief
June 22, 2022  |  Cybersecurity

It’s a scary fact, but anti-fraud experts agree that cybertheft rings are now well-funded multinationals with revenue goals of their own. Even worse, they now...

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FTC Sending $9.7M to Yellowstone Capital Victims
FTC Sending $9.7M to Yellowstone Capital Victims
June 21, 2022  |  Cybersecurity

The U.S. Federal Trade Commission announced Tuesday (June 21) that it is sending 7,731 checks totaling more than $9.7 million to small businesses hurt by...

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Report: Banks Resist Refunds for Unauthorized Zelle Payments
Report: Banks Resist Refunds for Unauthorized Zelle Payments
June 20, 2022  |  Banking

A slew of regulatory issues and new methods of stealing money from peoples’ bank accounts are changing how banks handle fraud and theft claims, The...

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Real-Time Demand Will Boost EU Open Banking Payments, Says Worldpay EMEA GM
Real-Time Demand Will Boost EU Open Banking Payments, Says Worldpay EMEA GM
June 20, 2022  |  Payments Innovation

Whether it’s the rapid normalization of contactless payments, the buy-now-pay-later boom or the growing interest in cryptocurrencies, the payments industry has been evolving at a...

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This Week in US TechREG: SEC, Crypto Community Exchange Warnings; CFPB Wants Credit Reporting Standards in BNPL Sector
This Week in US TechREG: SEC, Crypto Community Exchange Warnings; CFPB Wants Credit Reporting Standards...
June 17, 2022  |  Technology

This week, the Securities and Exchange Commission (SEC) and the crypto community have been sending warnings to each other: the SEC chair said there was...

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PYMNTS AM Radar: Zoo NFTs; Robinhood Woes; Rich Reality; Friendly Fraud; ICYMI 
PYMNTS AM Radar: Zoo NFTs; Robinhood Woes; Rich Reality; Friendly Fraud; ICYMI 
June 16, 2022  |  Economy

Today is Thursday, June 16 and on this day in 1911, IBM was formed and started automating business transactions with punched card-based data tabulating machines....

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Today in Retail: May Retail Sales Dip 0.3%; H&M Gets Q2 Boost in Foot Traffic
Today in Retail: May Retail Sales Dip 0.3%; H&M Gets Q2 Boost in Foot Traffic
June 15, 2022  |  Retail

Today in retail, retail sales fall unexpectedly in May, while shoppers return to H&M stores. Plus, retailers fight fraud, Shopee cuts staff, Walmart teams with...

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