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.

How Bank-End Augmentations Helped Customers Bank Battle PPP Frustrations
How Bank-End Augmentations Helped Customers Bank Battle PPP Frustrations
March 25, 2021  |  Digital-First Banking

Loans have served as lifelines for SMBs during the pandemic, but accessing these funds often requires navigating legacy onboarding systems and friction-filled fraud-prevention measures. In...

READ MORE >
Deep Dive: How Crypto Exchanges Can Balance Platform Security With Customer Experience
Deep Dive: How Crypto Exchanges Can Balance Platform Security With Customer Experience
March 25, 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....

READ MORE >
Deep Dive: How QSRs Can Leverage Digital ID To Help Combat Mobile Fraud Trends
Deep Dive: How QSRs Can Leverage Digital ID To Help Combat Mobile Fraud Trends
March 25, 2021  |  Mobile Order Ahead

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
London Court Will Decide If Class Action Suit Against Mastercard Moves Forward
London Court Will Decide If Class Action Suit Against Mastercard Moves Forward
March 25, 2021  |  Mastercard

A class-action lawsuit against Mastercard for a record £14 billion ($19 billion) will be heard by a specialist London court on Thursday (March 25), which...

READ MORE >
Bitcoin Daily: Consumers Can Buy Teslas With Bitcoin; BIS Manager Says Crypto Needs More Regulation
Bitcoin Daily: Consumers Can Buy Teslas With Bitcoin; BIS Manager Says Crypto Needs More Regulation
March 24, 2021  |  Bitcoin

Tesla CEO Elon Musk has announced that it’s now possible to buy Tesla vehicles in the U.S. using bitcoin, CNBC reported. Get the Full Story...

READ MORE >
US Pandemic Scams, Fraud Cost Consumers $382 Million
US Pandemic Scams, Fraud Cost Consumers $382 Million
March 24, 2021  |  Security & Fraud

As COVID-19 stimulus funds continue hitting bank accounts and mailboxes, a new Federal Trade Commission (FTC) report is alerting people to beware of pandemic-related scams,...

READ MORE >
Prime Trust On Pursuit Of The ‘Goldilocks’ Seamless And Secure Onboarding Balance
Prime Trust On Pursuit Of The ‘Goldilocks’ Seamless And Secure Onboarding Balance
March 24, 2021  |  Identity

Crypto traders are often eager to quickly set up accounts on exchanges so they can begin transacting before prices shift, but platforms risk fraud if...

READ MORE >
How The Rise Of Mobile Orders Is Heightening Digital Identity’s Importance
How The Rise Of Mobile Orders Is Heightening Digital Identity’s Importance
March 24, 2021  |  Mobile Order Ahead

Consumers are ordering more through mobile apps, and fraudsters have taken note. In the latest Mobile Order-Ahead Tracker, Matthew Coy, vice president of Information Technology...

READ MORE >
FinTech AI Startup Feedzai Raises $200 Million At $1 Billion Valuation
FinTech AI Startup Feedzai Raises $200 Million At $1 Billion Valuation
March 24, 2021  |  Fraud Prevention

FinTech artificial intelligence (AI) firm Feedzai raised $200 million in a Series D funding round that gives the Silicon Valley startup a valuation topping $1...

READ MORE >