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.

Behavioral Analytics Helps Insurance Providers Fight Fraud And Friction

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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Banking Security Needs Upgrade for API Era
Banking Security Needs Upgrade for API Era
April 16, 2021  |  Security & Fraud

Established financial services firms have not typically led the charge when it comes to the adoption of new technology. But as they go digital, and...

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Stash Banks On Biometrics, Machine Learning To Support Digital-First ID Verification
Stash Banks On Biometrics, Machine Learning To Support Digital-First ID Verification
April 16, 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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AI-Based eCommerce Fraud Solution Signifyd Closes $205 Million Round
AI-Based eCommerce Fraud Solution Signifyd Closes $205 Million Round
April 15, 2021  |  Investments

eCommerce fraud protection platform Signifyd has raised $205 million in a Series E funding round, the company announced in a press release Thursday (April 15),...

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