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.

Sift Upgrades Digital Trust & Safety Suite For Enhanced Fraud Prevention
Sift Upgrades Digital Trust & Safety Suite For Enhanced Fraud Prevention
April 20, 2021  |  Security & Fraud

Fraud prevention firm Sift has expanded its Digital Trust & Safety Suite to help businesses fight fraud and abuse, the firm announced on Tuesday (April...

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Today In Payments: PayPal Plans Cross-Border Wallet In China; Visa, TripActions Team On Spend Management
Today In Payments: PayPal Plans Cross-Border Wallet In China; Visa, TripActions Team On Spend Management
April 20, 2021  |  News

In today’s top news, PayPal is planning a cross-border digital wallet in China, and Visa and TripActions have partnered on digital travel expense management. Plus,...

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Deep Dive: How Advanced Technologies Can Help FIs Power Secure, Seamless User Verification
Deep Dive: How Advanced Technologies Can Help FIs Power Secure, Seamless User Verification
April 20, 2021  |  Identity

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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Behavioral Analytics Helps Insurance Providers Fight Fraud And Friction
Behavioral Analytics Helps Insurance Providers Fight Fraud And Friction
April 20, 2021  |  Authentication

Every online interaction a customer has with a company can be assessed to measure customers’ intent and be turned into actionable insights that businesses can...

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Peer-To-Peer Payments Present Urgent Fraud Challenges
Peer-To-Peer Payments Present Urgent Fraud Challenges
April 20, 2021  |  Security & Fraud

Faster payments schemes are gaining traction around the globe. Unfortunately, so are the fraudsters. As recent PYMNTS research on the topic shows, some financial institutions...

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Fighting Fraudulent Behavior With Anomaly Detection A Major Step In Cybersecurity
Fighting Fraudulent Behavior With Anomaly Detection A Major Step In Cybersecurity
April 19, 2021  |  Fraud Prevention

Shocking but true are the facts that 95 percent of fraudulent synthetic identities are missed by legacy security measures when remotely onboarding new accounts, and...

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How Stash Is Tapping Machine Learning, Behavioral Biometrics For Robust, Digital-First Identity Verification
How Stash Is Tapping Machine Learning, Behavioral Biometrics For Robust, Digital-First Identity Verification
April 19, 2021  |  Identity

Many younger consumers are accessing financial services for the first time, but this digital rush is creating new opportunities for fraudsters armed with synthetic identities...

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Internal B2B Payment Fraudsters Wreak Havoc On Businesses
Internal B2B Payment Fraudsters Wreak Havoc On Businesses
April 19, 2021  |  B2B Payments

The business email compromise (BEC) scam remains a massive threat to companies. But sometimes, the biggest fraud risk can be found within the enterprise. Get...

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Pulitzer Prize-Winning Madoff Book Author Sees Connection To His Crimes And Current Wall Street Environment
Pulitzer Prize-Winning Madoff Book Author Sees Connection To His Crimes And Current Wall Street Environment
April 19, 2021  |  Security & Fraud

Bernie Madoff died last week (April 14) closing a chapter on one part of his historical fraud and massive manipulation of the financial system. Get...

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