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.

FTC Reports Surge in Consumers’ Losses to Impersonation Scams

FTC Reports Surge in Consumers’ Losses to Impersonation Scams
FTC Reports Surge in Consumers’ Losses to Impersonation Scams
August 08, 2025  |  Fraud Attack

A growing number of older adults are losing large sums of money to impersonation scams, according to the Federal Trade Commission (FTC). Get the Full...

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AI Startup Casap Raises $25 Million to Fight First-Party Fraud
AI Startup Casap Raises $25 Million to Fight First-Party Fraud
August 07, 2025  |  Fintech Investments

Casap, which fights first-party fraud, raised $25 million in Series A funding. Get the Full Story Complete the form to unlock this article and enjoy...

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Visa Debuts Program to Help Clients Assess Cyberthreats
Visa Debuts Program to Help Clients Assess Cyberthreats
August 07, 2025  |  Cybersecurity

Visa launched a program called Visa Cybersecurity Advisory Practice to help clients assess and overcome their cybersecurity risks. Get the Full Story Complete the form...

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Paxos Reaches $48.5 Million Settlement With NY Over Compliance Failings
Paxos Reaches $48.5 Million Settlement With NY Over Compliance Failings
August 07, 2025  |  Cryptocurrency

Paxos agreed to pay a $48.5 million settlement to the New York State Department of Financial Services (NYDFS). Get the Full Story Complete the form to...

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60% of Banks Embrace Payment Hubs to Modernize Digital Experiences
60% of Banks Embrace Payment Hubs to Modernize Digital Experiences
August 05, 2025  |  Digital Banking

As digital expectations reshape finance, traditional banks are finding that staying competitive and operationally sound hinges on a singular, modernized approach to payments rather than...

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FinCEN Sounds Warning on Virtual Currency Kiosk Scams
FinCEN Sounds Warning on Virtual Currency Kiosk Scams
August 04, 2025  |  Security & Fraud

The Treasury Department is warning financial institutions to watch for scams involving convertible virtual currency (CVC) kiosks. Get the Full Story Complete the form to unlock this...

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US Says Cambodia’s Huione Group Is Crime Hub
US Says Cambodia’s Huione Group Is Crime Hub
August 03, 2025  |  Fraud Attack

Cambodia’s Huione Group offers things like insurance, money exchange and financial services. Get the Full Story Complete the form to unlock this article and enjoy...

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Why i2c Sees Opportunity in Economic Turbulence
Why i2c Sees Opportunity in Economic Turbulence
July 29, 2025  |  Payments Innovation

Watch more: i2c: Client Engagement and ‘Thoughtful Acceleration’ Key to Navigating Uncertainty Get the Full Story Complete the form to unlock this article and enjoy...

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Scammers Share of Banking Fraud Losses Doubles to 27%
Scammers Share of Banking Fraud Losses Doubles to 27%
July 29, 2025  |  Security & Fraud

The escalating sophistication of financial scams is forcing financial institutions to re-evaluate their defense strategies, as new research reveals that criminals are now mimicking legitimate...

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