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.

Google Warns Government-Backed Hackers Are on the Rise
Google Warns Government-Backed Hackers Are on the Rise
October 17, 2021  |  Security & Fraud

Google’s Threat Analysis Group (TAG) is warning high-risk groups that there has been a surge in activity by government-backed hacking campaigns, up 33% so far...

READ MORE >
UK’s Banking Protocol Helps Stop $44M in Scam Attempts in First Half of ’21
UK’s Banking Protocol Helps Stop $44M in Scam Attempts in First Half of ’21
October 15, 2021  |  Security & Fraud

With the increasing digitization of payments due to the pandemic, it is estimated that over $6 trillion will be exchanged through digital channels by the...

READ MORE >
Reports of Fraud Mar El Salvador’s Bitcoin Journey
Reports of Fraud Mar El Salvador’s Bitcoin Journey
October 15, 2021  |  Bitcoin

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Treasury Reports $590M in Suspected Ransomware Payments
Treasury Reports $590M in Suspected Ransomware Payments
October 15, 2021  |  Security & Fraud

A new report from the Treasury Department shows that American banks and financial institutions (FIs) recorded close to $600 million in suspected ransomware payments during...

READ MORE >
Equifax Debuts Digital Identity Services to Boost Trust, Onboarding
Equifax Debuts Digital Identity Services to Boost Trust, Onboarding
October 13, 2021  |  Digital Identity

Equifax has rolled out a new Digital Identity-as-a-Service capability, along with a new partnership with Bonifii as the first to adopt the tool, according to...

READ MORE >
Report: Amazon Copied Products, Rigged Search in India
Report: Amazon Copied Products, Rigged Search in India
October 13, 2021  |  Amazon

Amazon employed a campaign of creating copycat merchandise and manipulating search results to give its own products an advantage in India, according to a new...

READ MORE >
Global Fraud Risks Reduced With Real Time, Cross Platform ID Verification
Global Fraud Risks Reduced With Real Time, Cross Platform ID Verification
October 13, 2021  |  Authentication

As firms move beyond domestic markets and capture new business and revenue streams in other countries, they’ve got to step up their efforts to ensure...

READ MORE >
UAE Digital-First Bank Mashreq NEO Debuts Facial Recognition
UAE Digital-First Bank Mashreq NEO Debuts Facial Recognition
October 12, 2021  |  Biometrics

Digital bank Mashreq NEO, based in the United Arab Emirates, is letting residents open bank accounts with facial recognition technology, the Khaleej Times reported. Get...

READ MORE >
Digital River Teams With Salesforce to Launch B2B Commerce App
Digital River Teams With Salesforce to Launch B2B Commerce App
October 12, 2021  |  B2B Payments

Digital River, the global eCommerce enabler, has rolled out an integration with Salesforce Commerce Cloud to help users add a new checkout solution with more...

READ MORE >