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.

Jumio CEO: Helping FIs Solve Digital Identity’s ‘Last Mile’ Problem
Jumio CEO: Helping FIs Solve Digital Identity’s ‘Last Mile’ Problem
April 05, 2021  |  Security & Fraud

As so much of daily life and transactions move online, the digital-first economy is not without its new challenges. For example, the problem of identity...

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NuData: Passive Biometrics Help Battle SIM Swap Fraud
NuData: Passive Biometrics Help Battle SIM Swap Fraud
April 05, 2021  |  Security & Fraud

At first glance, it seems so retro. Subscriber Identity Module cards, better known as SIM, used to be an easily removable portable memory chip that...

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UK’s Law Enforcement Expects Uptick In Crypto Fraud
UK’s Law Enforcement Expects Uptick In Crypto Fraud
April 04, 2021  |  Security & Fraud

England and Wales’ chief criminal investigations agency, the Crown Prosecution Service, is preparing for an increase of prosecutions tied to cryptocurrency-related scams, the Financial Times...

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Bitcoin Daily: Former SEC Chairman Warns Of New Bitcoin Regulations; Thai Central Bank To Pilot CBDC In 2022
Bitcoin Daily: Former SEC Chairman Warns Of New Bitcoin Regulations; Thai Central Bank To Pilot...
April 04, 2021  |  Bitcoin

Former SEC chair Jay Clayton has warned of new bitcoin regulations possibly coming soon, CoinDesk reports. Get the Full Story Complete the form to unlock...

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Today In Payments: Coinbase Sets Date For IPO; Michaels Teams With Instacart To Trial Same-Day Delivery
Today In Payments: Coinbase Sets Date For IPO; Michaels Teams With Instacart To Trial Same-Day...
April 02, 2021  |  News

In today’s top news, Coinbase plans to begin trading on April 14, crypto firms raised more in the first quarter of 2021 than all of...

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To Catch A Thief: Identifying Fraudster Behaviors Before The Act
To Catch A Thief: Identifying Fraudster Behaviors Before The Act
April 02, 2021  |  Security & Fraud

There’s data — and then there’s the information that comes as data is being transmitted. It’s the digital version of body language and it’s all over the...

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India’s Central Bank Demands MobiKwik Examine Alleged Data Leak
India’s Central Bank Demands MobiKwik Examine Alleged Data Leak
April 01, 2021  |  Security & Fraud

India’s central bank is demanding that the digital payments firm MobiKwik have an external audit conducted regarding allegations that a hacker stole data from its...

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Indian Mobile Phone Gateway MobiKwik Looks Into 110 Million User Data Breach
Indian Mobile Phone Gateway MobiKwik Looks Into 110 Million User Data Breach
March 31, 2021  |  Security & Fraud

MobiKwik, the Indian payments firm, will get an independent audit after a reported breach that could’ve compromised the data of millions of users, Reuters reports....

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Fraudsters Siphon $100 Million In COVID Relief Through Online Investment Platforms
Fraudsters Siphon $100 Million In COVID Relief Through Online Investment Platforms
March 30, 2021  |  Security & Fraud

Scammers stealing from government-funded pandemic relief programs have found a new trick — opening accounts with at least four online investment platforms, CNBC reported Monday...

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