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.

Innovative Fraudsters Demand Shift In Bank Customer Transaction Analysis
Innovative Fraudsters Demand Shift In Bank Customer Transaction Analysis
April 27, 2021  |  Security & Fraud

With all the positive change and innovation happening in payments, there’s an unfortunate correlation with challenges and threats. Get the Full Story Complete the form...

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Decentralized ID Adds New Firepower To Fight Against Digital-First Fraud
Decentralized ID Adds New Firepower To Fight Against Digital-First Fraud
April 27, 2021  |  Security & Fraud

Sometimes a group of companies in the same industry, fighting for the same dollars, decide that maybe cooperation beats competition. Get the Full Story Complete...

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Deep Dive: How QSRs Can Quash Loyalty Fraud As More Consumers Go Digital
Deep Dive: How QSRs Can Quash Loyalty Fraud As More Consumers Go Digital
April 26, 2021  |  Mobile Order Ahead

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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Mastercard’s Gerber: Cybersecurity Needs Its Own Paris Accord
Mastercard’s Gerber: Cybersecurity Needs Its Own Paris Accord
April 26, 2021  |  Security & Fraud

Recent research shows that the average data breach costs financial institutions (FIs) $210 on average per compromised account, and it costs merchants $119. But on...

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Equifax Acquisition Gives Kount Window Into Digital ID Space
Equifax Acquisition Gives Kount Window Into Digital ID Space
April 26, 2021  |  Identity

For the last year, change has become the only consistent norm in the environment, and many firms in the payments and commerce business found themselves...

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UK’s Darktrace Faces Reality: Cuts Valuation For Pending IPO
UK’s Darktrace Faces Reality: Cuts Valuation For Pending IPO
April 25, 2021  |  IPO

Darktrace, a cybersecurity company, will be slashing the value of its forthcoming London flotation, looking instead for a cautious approach to avoid the kind of...

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Bitcoin Daily: Turkish Crypto Exchange Vebitcoin Shuts Down, Four Arrested; Gemini Now Accepts Google Pay, Apple Pay For Crypto Purchases
Bitcoin Daily: Turkish Crypto Exchange Vebitcoin Shuts Down, Four Arrested; Gemini Now Accepts Google Pay,...
April 25, 2021  |  Bitcoin

Four people linked to Turkish crypto exchange Vebitcoin have been arrested and accused of fraud, according to a report from BBC. Officials launched an investigation...

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The Digital Transformation Of Payment Models And The Value Of Identity Trust
The Digital Transformation Of Payment Models And The Value Of Identity Trust
April 23, 2021  |  Security & Fraud

In The Connected Economy’s Power Source – CEO Edition, Brad Wiskirchen, CEO of Kount, takes a deep dive into how the digital transformation has impacted...

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Joella’s Hot Chicken On Leveraging And Safeguarding Loyalty Programs For Today’s Digital Consumers
Joella’s Hot Chicken On Leveraging And Safeguarding Loyalty Programs For Today’s Digital Consumers
April 23, 2021  |  Mobile Order Ahead

Quick-service restaurants (QSRs) are dishing out mobile-enabled loyalty programs, but fraudsters are also eager to take a bite out of them. In the Mobile Order-Ahead...

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