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.

AI, Behavioral Analytics Help Online Businesses Prevent Fraud, Find Good Customers
AI, Behavioral Analytics Help Online Businesses Prevent Fraud, Find Good Customers
November 16, 2021  |  Authentication

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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Even Before Launch of Digital Yuan in China, Fraudsters are Beginning to Probe for Weaknesses
Even Before Launch of Digital Yuan in China, Fraudsters are Beginning to Probe for Weaknesses
November 15, 2021  |  CBDC

In China, the digital yuan is getting ever closer to a widespread, national rollout. Get the Full Story Complete the form to unlock this article...

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ACI Worldwide Rolls out New Tech to Fight Real-Time Payments Fraud
ACI Worldwide Rolls out New Tech to Fight Real-Time Payments Fraud
November 15, 2021  |  Security & Fraud

ACI Worldwide is introducing its proprietary Network Intelligence Technology to give banks and payment providers the ability to share fraud signals and better use machine...

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Lawmakers Urge London’s Public Transit to Ban Crypto Ads
Lawmakers Urge London’s Public Transit to Ban Crypto Ads
November 14, 2021  |  Cryptocurrency

Transport for London (TfL) has been getting requests to stop allowing advertisements for cryptocurrency, a report says. Get the Full Story Complete the form to...

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Credit Card Skimmer Leads to Costco Data Breach
Credit Card Skimmer Leads to Costco Data Breach
November 12, 2021  |  Security & Fraud

Retail giant Costco Wholesale Corporation sent letters this month to its customers alerting them that their payment information may have been stolen through a credit...

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Check Fraud Accounts for 60% of Attempted Bank Account Theft
Check Fraud Accounts for 60% of Attempted Bank Account Theft
November 12, 2021  |  Security & Fraud

Banking customers’ expectations of their financial institutions (FIs) are changing as more transactions and activity go digital — at warp speed. Get the Full Story...

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1 in 5 Millennials Experienced Online Fraud While Holiday Shopping in 2020
1 in 5 Millennials Experienced Online Fraud While Holiday Shopping in 2020
November 11, 2021  |  Retail

All totaled, 12% of online shoppers experienced fraud during the 2020 holiday shopping season, according to The 2021 Holiday Shopping Outlook, a PYMNTS and Kount...

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What Exactly Is ‘Payment Orchestration’ And Why Does Your Business Need It?
What Exactly Is ‘Payment Orchestration’ And Why Does Your Business Need It?
November 11, 2021  |  Payment Methods

The rapidly evolving payments landscape can be a nightmare for merchants to navigate, all the more so when they’re entering into expansion mode. When moving...

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89% of Retailers Get Burned By Abuse of Their Own Customer Promotions
89% of Retailers Get Burned By Abuse of Their Own Customer Promotions
November 10, 2021  |  Retail

Retail customers perpetrating policy abuse cost U.S. firms with more than $100 million in annual sales a collective $89 billion in revenue each year, according...

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