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.

Single Sign-On Bridges The Authentication Gap
Single Sign-On Bridges The Authentication Gap
May 17, 2021  |  Authentication

Almost $2 trillion in transactions are conducted every year all around the world and fraudsters would like nothing more than to get their hands not...

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Irish Health Service Shut Down By Ransomware Attack
Irish Health Service Shut Down By Ransomware Attack
May 14, 2021  |  Security & Fraud

The Irish Health Service shuttered its computer systems Friday following what it called a “significant” ransomware attack. Get the Full Story Complete the form to...

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Stripe Buys Bouncer To Aid In Fraud Prevention
Stripe Buys Bouncer To Aid In Fraud Prevention
May 14, 2021  |  Security & Fraud

Stripe, the tech company working on economic infrastructure for the internet, will acquire Bouncer, a press release says. Get the Full Story Complete the form...

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Hardening Merchants’ Digital Defenses Against Incursions From The Dark Web
Hardening Merchants’ Digital Defenses Against Incursions From The Dark Web
May 14, 2021  |  Security & Fraud

A great description of the criminal craze in credential stuffing is found in PYMNTS’ May 2021 edition of the Digital Fraud Tracker®, done in collaboration...

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New Data: Consumers Demanding Better Transaction Controls In Digital Banking Apps
New Data: Consumers Demanding Better Transaction Controls In Digital Banking Apps
May 14, 2021  |  Digital Banking

Trust. Control. Identity. Managing for these quintessentially human attributes in the digital domain is a moving target, and it’s what today’s consumers expect from the...

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Smart Underwriting Tech Helps PayFacs Balance Speed, Risk When Onboarding Merchants, Adding New Verticals
Smart Underwriting Tech Helps PayFacs Balance Speed, Risk When Onboarding Merchants, Adding New Verticals
May 14, 2021  |  Security & Fraud

Underwriting, aided by technology — and at least some level of automation — can get faster and more intuitive, helping payment service providers (PSPs) approve...

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Bitcoin Daily: DOJ, IRS Investigate Binance Crypto Exchange; Crypto Theft Falls, DeFi Fraud Spikes
Bitcoin Daily: DOJ, IRS Investigate Binance Crypto Exchange; Crypto Theft Falls, DeFi Fraud Spikes
May 13, 2021  |  Bitcoin

Cryptocurrency exchange Binance Holdings is now under investigation by the Department of Justice (DOJ) and the IRS as they try to make some order out...

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Colonial Pipeline Pays Nearly $5 Million In Ransom After Cyberattack
Colonial Pipeline Pays Nearly $5 Million In Ransom After Cyberattack
May 13, 2021  |  Security & Fraud

The Colonial Pipeline, under siege by hackers, has paid nearly $5 million in a ransom deal, CNBC reported. Get the Full Story Complete the form...

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Debit Account Validation Manages ACH Fraud Amid Faster Payment Changes
Debit Account Validation Manages ACH Fraud Amid Faster Payment Changes
May 13, 2021  |  Faster Payments

Faster payments have grown at breakneck speed over the past few years. In the first quarter of 2020 alone, it’s setting new records in payment...

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