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.

Deep Dive: What New Digital Bank Customers Expect From Their Onboarding Experiences
Deep Dive: What New Digital Bank Customers Expect From Their Onboarding Experiences
June 01, 2021  |  Digital Onboarding

Generation Z consumers are well-known as tastemakers when it comes to pop culture, music and fashion, and their influence is quickly expanding to the financial...

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NEW DATA: What UK And US Businesses Want From Cross-Border Payments Innovations
NEW DATA: What UK And US Businesses Want From Cross-Border Payments Innovations
June 01, 2021  |  Cross-border Payments

Businesses around the world are doubling down on their cross-border innovation amid a growing need for faster, more efficient business-to-business (B2B) payments — and their...

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OakNorth On Balancing Security And Convenience In Customer Onboarding
OakNorth On Balancing Security And Convenience In Customer Onboarding
May 31, 2021  |  Authentication

Machine learning (ML) can help digital banks do much of the heavy lifting during customer onboarding — especially if applicants have common names. In the...

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Dubai Officials: ‘DubaiCoin’ Never Received Any Governmental Approval
Dubai Officials: ‘DubaiCoin’ Never Received Any Governmental Approval
May 28, 2021  |  Cryptocurrency

The government of Dubai has announced that a so-called “DubaiCoin” digital token was not given the green light by “any official authority” and that promotions...

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House Committee Asks Kabbage, BlueVine For Pandemic Loan Security, Revenue Data
House Committee Asks Kabbage, BlueVine For Pandemic Loan Security, Revenue Data
May 28, 2021  |  Security & Fraud

U.S. lawmakers have opened an investigation into FinTechs Kabbage and BlueVine, along with their partner banks, for their role in the distribution of billions of...

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Machine Learning Helps FIs Identify Account Holders’ Fraudster Twins
Machine Learning Helps FIs Identify Account Holders’ Fraudster Twins
May 28, 2021  |  Digital Onboarding

Digital banking has become the new normal over the past year, with 71 percent of all financial institution (FI) customers now regularly banking online. Many...

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Today In Payments: Paymentus And Flywire IPO; Forter Raises $300 Million
Today In Payments: Paymentus And Flywire IPO; Forter Raises $300 Million
May 26, 2021  |  News

In today’s top news, Paymentus and Flywire both began trading on Wednesday (May 26), and Forter raised $300 million for its eCommerce fraud prevention platform....

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eCommerce Fraud Prevention Firm Forter Raises $300 Million
eCommerce Fraud Prevention Firm Forter Raises $300 Million
May 25, 2021  |  Investments

eCommerce fraud prevention company Forter has raised $300 million in a Series F funding round, according to a press release. Get the Full Story Complete...

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US To Implement Cybersecurity Regulations On Pipelines
US To Implement Cybersecurity Regulations On Pipelines
May 25, 2021  |  Security & Fraud

The Transportation Security Administration (TSA) will release a new security directive, the first of two, to require pipeline operators to reveal when they’ve been the...

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