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.

Fraud-Prevention Platform Sift Raises $50 Million, Valued At Over $1 Billion
Fraud-Prevention Platform Sift Raises $50 Million, Valued At Over $1 Billion
April 22, 2021  |  Investments

Sift, which works in digital safety, has ended a new funding round and raised $50 million, according to a press release. The company is now...

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Bitcoin Daily: EU Regulators Probe Binance Over Stock Tokens; Turkish Authorities Investigate Crypto Exchange Thodex For Possible $2 Billion Fraud
Bitcoin Daily: EU Regulators Probe Binance Over Stock Tokens; Turkish Authorities Investigate Crypto Exchange Thodex...
April 22, 2021  |  Bitcoin

European regulators are looking into whether Binance, one of the largest crypto exchanges in the world, has been following securities rules since it launched trading...

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Supreme Court’s Ruling Curtails FTC Reach On Monetary Awards
Supreme Court’s Ruling Curtails FTC Reach On Monetary Awards
April 22, 2021  |  Legal

For now – and maybe for a long while – it will be tougher to get ill-gotten gains back from the bad actors … at...

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Today In Payments: Digital Chipotle Orders Account For 50 Pct Of All Sales; Affirm To Buy Returnly For $300 Million
Today In Payments: Digital Chipotle Orders Account For 50 Pct Of All Sales; Affirm To...
April 22, 2021  |  News

In today’s top news, Chipotle’s earnings showed a massive shift to digital ordering, and Affirm is acquiring Returnly. Plus, SPAC deals have dropped significantly thus...

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Wirecard Staff Reportedly Took Large Sums Of Cash From HQ
Wirecard Staff Reportedly Took Large Sums Of Cash From HQ
April 22, 2021  |  Security & Fraud

Wirecard staffers reportedly took millions of euros in funds from the firm’s German base in plastic bags during a timeframe that spanned years, the Financial...

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Deep Dive: How Firms Can Tap Behavioral Analytics To Keep Consumers Engaged And Fraudsters Out
Deep Dive: How Firms Can Tap Behavioral Analytics To Keep Consumers Engaged And Fraudsters Out
April 22, 2021  |  Authentication

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Joella’s Hot Chicken Takes Bite Out Of Loyalty Fraud With Data Analytics
Joella’s Hot Chicken Takes Bite Out Of Loyalty Fraud With Data Analytics
April 22, 2021  |  Mobile Order Ahead

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DOJ Task Force Targeting Ransomware Ecosystem
DOJ Task Force Targeting Ransomware Ecosystem
April 21, 2021  |  Security & Fraud

A new task force launched by the U.S. Department of Justice (DOJ) is looking to curtail ransomware and other cyberattacks by targeting the underlying digital...

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TransUnion On Insurers Leveraging Behavioral Analytics To Improve Security And Conversion Rates
TransUnion On Insurers Leveraging Behavioral Analytics To Improve Security And Conversion Rates
April 21, 2021  |  Authentication

Insurance providers must confront the formidable task of combating fraud without causing undue friction to offer smooth and secure customer transactions. In the Monetizing Digital...

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