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 Shuts Down Alleged Healthcare Fraud Scheme
FTC Shuts Down Alleged Healthcare Fraud Scheme
April 22, 2026  |  Cybersecurity

Federal regulators say they’ve temporarily halted an operation that allegedly tricks consumers seeking health insurance. The Federal Trade Commission (FTC) announced Wednesday (April 22) that a federal court...

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37% of Businesses Say Instant Payments Strengthen Security
37% of Businesses Say Instant Payments Strengthen Security
April 21, 2026  |  Real-Time Payments

For many businesses, the story around instant payments may be shifting from fear to familiarity. That is one of the clearest takeaways from “Instant Myths: Debunking...

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Payments Modernization Is Insurance’s Next Big Margin Engine
Payments Modernization Is Insurance’s Next Big Margin Engine
April 20, 2026  |  Insurance

Watch more: Need to Know With One Inc’s Ian Drysdale Insurance carriers are under pressure and operating on the edge. With margins often hovering between...

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IMF Says AI Can Win Fraud Fight if Banks Start Sharing Data
IMF Says AI Can Win Fraud Fight if Banks Start Sharing Data
April 15, 2026  |  Fraud Prevention

In today’s interconnected financial system, digital vulnerabilities do not remain localized. They propagate. Fraudsters now operate with the speed, scale and coordination of multinational enterprises,...

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Banks Face Complex Cyber Risks From Anthropic’s Mythos
Banks Face Complex Cyber Risks From Anthropic’s Mythos
April 13, 2026  |  Cybersecurity

Anthropic’s new artificial intelligence (AI) model Mythos poses a significant threat to the banking industry, as it could expose legacy systems to “unprecedented cyber risks,”...

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Kraken Reports Criminal Extortion Attempt Involving Insider Recruitment
Kraken Reports Criminal Extortion Attempt Involving Insider Recruitment
April 13, 2026  |  Cybersecurity

Global digital asset exchange Kraken is being extorted by a criminal group that is threatening to release videos of the company’s internal systems with client data shown...

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Embedded Payments Make Fraud Harder to See and Faster to Hit
Embedded Payments Make Fraud Harder to See and Faster to Hit
April 13, 2026  |  Fraud Prevention

Watch more: Need to Know With WEX’s Eric Frankovic Embedded payments are altering how money moves through digital commerce, but the same design that removes...

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68% of Banks Increase Fraud Defense Spending as Account Takeovers Spike
68% of Banks Increase Fraud Defense Spending as Account Takeovers Spike
April 09, 2026  |  Fraud Prevention

Banks are learning that fraud defense is no longer just about stopping losses after the fact. The bigger shift in the latest data is that...

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FBI Flags $893 Million in AI-Driven Scams
FBI Flags $893 Million in AI-Driven Scams
April 07, 2026  |  Cybersecurity

The FBI’s Internet Crime Complaint Center (IC3) received 22,364 internet crime complaints that contained references to artificial intelligence (AI) in 2025. These AI-related complaints reported...

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