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.

Neuro-ID Raises $35M to Improve Fraud Screening for Digital Organizations
Neuro-ID Raises $35M to Improve Fraud Screening for Digital Organizations
November 04, 2021  |  Investments

Neuro-ID has raised $35 million in a Series B funding round, which will go toward its mission of improving fraud screening for digital organizations, according...

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Deep Dive: How Innovative Digital ID Verification Can Keep Food Delivery Services Safe From Cybercriminals
Deep Dive: How Innovative Digital ID Verification Can Keep Food Delivery Services Safe From Cybercriminals
November 03, 2021  |  Fraud Prevention

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Good Customers Gone Bad — Retailers Lose $89B Annually to Return Policy and Promotions Abuse
Good Customers Gone Bad — Retailers Lose $89B Annually to Return Policy and Promotions Abuse
November 03, 2021  |  Fraud Prevention

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Creators of Squid Crypto Cash Out; Investors Lose $2M
Creators of Squid Crypto Cash Out; Investors Lose $2M
November 02, 2021  |  Cryptocurrency

A digital currency based on Netflix TV show “Squid Game” suffered a massive blowback Monday (Nov. 1) and is now trading at $0, with the...

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FCA: Surge in Number of Banks Filing Financial Crime Reports
FCA: Surge in Number of Banks Filing Financial Crime Reports
November 01, 2021  |  Security & Fraud

Banks and other financial firms in the U.K. are filing more Suspicious Activity Reports (SARs) than ever before, the Financial Conduct Authority (FCA) indicated in...

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It’s Time To Shore Up User Authentication As Digital Identities, Payments Converge
It’s Time To Shore Up User Authentication As Digital Identities, Payments Converge
October 29, 2021  |  Authentication

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Treasury Banking’s New To-Do List:  Fraud Prevention, Digital Privacy and Zero Friction
Treasury Banking’s New To-Do List: Fraud Prevention, Digital Privacy and Zero Friction
October 29, 2021  |  Digital Banking

The evolution of the payments ecosystem has forced the modernization of treasury functions, as firms rapidly adopt digital ways of managing the data and funds...

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If Financial Institutions Want To Play Fast, They Must Also Evolve
If Financial Institutions Want To Play Fast, They Must Also Evolve
October 29, 2021  |  Security & Fraud

After all the investments that financial institutions (FIs) have put into protecting themselves and their customers against fraud, scammers are now targeting individuals, which they...

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Bank of America Debuts Account Validation for Corporate and Public-Sector Clients
Bank of America Debuts Account Validation for Corporate and Public-Sector Clients
October 28, 2021  |  Authentication

Bank of America on Thursday (Oct. 28) launched the Account Validation fraud prevention service to help corporate and public sector clients make electronic credit or...

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