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.

REPORT: 65 Pct Of Consumers Would Abandon Merchant After eCommerce Data Breach

REPORT: 65 Pct Of Consumers Would Abandon Merchant After eCommerce Data Breach
REPORT: 65 Pct Of Consumers Would Abandon Merchant After eCommerce Data Breach
May 04, 2021  |  Security & Fraud

The pandemic has been an undeniable boon for eTailers. More consumers than ever are going online to buy all manner of products, from household goods...

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The Evolving Face Of The Fight Against Fraud
The Evolving Face Of The Fight Against Fraud
May 03, 2021  |  Security & Fraud

Fighting fraudsters is a problematic realm in the digital era because fraud stubbornly refuses to be a static target. Get the Full Story Complete the...

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European Payments Council Seeks Help In Tracking Fraud
European Payments Council Seeks Help In Tracking Fraud
April 30, 2021  |  International

The European Payments Council (EPC) wants to hear from service providers with the expertise to oversee a multi-nation alarm system designed to cut down on...

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Deep Dive: How Firms Can Reduce The Risk Of Authorized Payment Attacks
Deep Dive: How Firms Can Reduce The Risk Of Authorized Payment Attacks
April 30, 2021  |  Fraud Prevention

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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COVID Leaves Lasting Impact On Digital KYC And AML Efforts
COVID Leaves Lasting Impact On Digital KYC And AML Efforts
April 30, 2021  |  Security & Fraud

In the digital-first economy, criminals have been acquiring and honing various areas of expertise, scamming customers, the payments firms operating the infrastructure, and of course,...

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Bitcoin Daily: Ether Hits Record High; Paxos Closes $300 Million Series D
Bitcoin Daily: Ether Hits Record High; Paxos Closes $300 Million Series D
April 29, 2021  |  Bitcoin

Ether has hit a new record high, stealing the limelight from popular cryptocurrency bitcoin, CNBC reported. Get the Full Story Complete the form to unlock...

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How Fostering A Culture Of Fraud Awareness Alongside Automated Tools Can Help Businesses Beat BEC Scams
How Fostering A Culture Of Fraud Awareness Alongside Automated Tools Can Help Businesses Beat BEC...
April 29, 2021  |  Fraud Prevention

Fraudsters have found a new twist on an old favorite — business email compromise scams. In the inaugural Preventing Financial Crimes Playbook, Jeff Taylor, senior...

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Transaction Clarity Seen As Key To Reducing Friendly Fraud
Transaction Clarity Seen As Key To Reducing Friendly Fraud
April 29, 2021  |  Security & Fraud

Issuers and merchants have, by and large, been handling the digital shift. But many are not ready to grapple with the fact that it’s producing...

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