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.

Payments Orchestration Key To Fraud-Proofing Global Platforms
Payments Orchestration Key To Fraud-Proofing Global Platforms
June 11, 2021  |  Security & Fraud

The landscape has been changing for payments fraud thus far in 2021, and that change will continue. Get the Full Story Complete the form to...

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Federal Judge Orders 2012 Charge Against MoneyGram To Be Tossed
Federal Judge Orders 2012 Charge Against MoneyGram To Be Tossed
June 10, 2021  |  Security & Fraud

MoneyGram has had its anti-money laundering charges dismissed, according to a Wall Street Journal (WSJ) report on Thursday (June 10). Get the Full Story Complete...

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Wray: Companies Should Not Pay Ransoms In Cyberattacks
Wray: Companies Should Not Pay Ransoms In Cyberattacks
June 10, 2021  |  Security & Fraud

FBI Director Christopher Wray said companies and organizations that are the victims of ransomware attacks should contact law enforcement quickly instead of paying to unlock...

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RealPage Intros Identity Fraud Prevention Tool For Real Estate Industry
RealPage Intros Identity Fraud Prevention Tool For Real Estate Industry
June 10, 2021  |  Real Estate

RealPage has launched Identity Verification, which it says is the real estate industry’s first comprehensive tool for preventing fraud at multiple touchpoints across the leasing...

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JBS Meat Supplier Paid Cybercriminals $11 Million Ransom
JBS Meat Supplier Paid Cybercriminals $11 Million Ransom
June 10, 2021  |  Security & Fraud

JBS, the world’s biggest meat processing company, said it paid the equivalent of $11 million in ransom after its company was hacked by cyber thieves...

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PYMNTS Data Brief: 84 Pct Of Consumers Expect New SMB Merchants To Guard Data
PYMNTS Data Brief: 84 Pct Of Consumers Expect New SMB Merchants To Guard Data
June 10, 2021  |  Safety and Security

The connected economy is being shadowed by a despicable construct: the fraud economy, where people aren’t the legit customers they pretend to be. The damage...

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Bitcoin Daily: China Arrests 1,100 In Crypto Money Laundering Sting; Blockchain Startup Solana Labs Nets $314 Million For DeFi Tech
Bitcoin Daily: China Arrests 1,100 In Crypto Money Laundering Sting; Blockchain Startup Solana Labs Nets...
June 09, 2021  |  Bitcoin

The Chinese police have arrested about 1,100 people on money laundering charges, CoinDesk reported, adding those arrested were allegedly using crypto to evade the law....

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To Win The War On Fraud, FIs Must Become FPs (Financial Protectors)
To Win The War On Fraud, FIs Must Become FPs (Financial Protectors)
June 08, 2021  |  Security & Fraud

We’re all using apps more than ever before – especially to bank, make payments and get money into the hands of friends and family with...

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Bye Bye, Buy Button: FIS’ Kresse Says Social, Wearables, Contextual Are The Future
Bye Bye, Buy Button: FIS’ Kresse Says Social, Wearables, Contextual Are The Future
June 08, 2021  |  Payment Methods

In this new epoch of payments, technologies and channels that were still experimental last year are going mainstream at speed — none more so than...

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