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.

Scammers Using Fake QR Codes on Parking Meters to Divert Payments

Scammers Using Fake QR Codes on Parking Meters to Divert Payments
Scammers Using Fake QR Codes on Parking Meters to Divert Payments
January 13, 2022  |  Cybersecurity

Parking meters are the latest avenue fraudsters are hitting, with police in several cities warning people to watch for fake QR codes intended to intercept...

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Open Banking Series: What Data Do Banks and FinTechs Share?
Open Banking Series: What Data Do Banks and FinTechs Share?
January 12, 2022  |  Banking

Open banking is, undoubtedly, a good innovation for the banking sector, especially for consumers and FinTechs. But open banking can also help traditional banks to...

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Securities Regulators: Crypto Scams are Top Threat to Investors ‘By Far’ 
Securities Regulators: Crypto Scams are Top Threat to Investors ‘By Far’ 
January 12, 2022  |  Cryptocurrency

Cryptocurrencies and digital assets are the biggest threat to investors, according to new data from the North American Securities Administrators Association (NASAA). Get the Full Story...

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Deep Dive: How AP Automation Can Lower Businesses’ Fraud, Processing and Labor Costs
Deep Dive: How AP Automation Can Lower Businesses’ Fraud, Processing and Labor Costs
January 12, 2022  |  Accounts Payable

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

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Healthcare Breaches Give Fraudsters New Tools for ‘Targeted’ Crowdfunding Scams
Healthcare Breaches Give Fraudsters New Tools for ‘Targeted’ Crowdfunding Scams
January 12, 2022  |  Cybersecurity

It’s well known that fraudsters are nothing if not creative and cunning as they continually seek to prey on the most basic human traits of...

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Binance Under Scrutiny in Alleged $100M Scam in Pakistan
Binance Under Scrutiny in Alleged $100M Scam in Pakistan
January 10, 2022  |  Cybersecurity

The Pakistan Federal Investigation Agency (FIA) has said it wants to talk with cryptocurrency exchange Binance about a scam that has grifted over $100 million...

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38% of Payments Fraud Victims Learn About the Incident the Same Day
38% of Payments Fraud Victims Learn About the Incident the Same Day
January 10, 2022  |  Cybersecurity

More consumers returned to shopping in physical stores after the Thanksgiving holiday. Seventy-three percent reported shopping for their holiday purchases in stores in December, up...

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Report: Binance Faces Scrutiny as Ponzi Mobile Apps Scam Surfaces
Report: Binance Faces Scrutiny as Ponzi Mobile Apps Scam Surfaces
January 10, 2022  |  Cybersecurity

Binance, a popular cryptocurrency exchange, is under investigation by Pakistan regulators over a multi-million-dollar Ponzi scheme, Dawn reported Friday (Jan. 7). Get the Full Story...

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