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.

QSRs Use AI To Beat Mobile Order-Ahead Fraudsters
QSRs Use AI To Beat Mobile Order-Ahead Fraudsters
March 24, 2021  |  Security & Fraud

The fraudsters have found a quick fix with quick services — restaurants, that is. The enduring and increasing popularity of mobile order-ahead (MOA) apps has...

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Report: Automation And Tight KYC Process Improve SMBs’ Loan Access
Report: Automation And Tight KYC Process Improve SMBs’ Loan Access
March 24, 2021  |  Digital-First Banking

Financial institutions (FIs) are turning their focus to the post-pandemic world and contemplating the measures that will need to be taken in a radically changed...

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Bitcoin Daily: Abra Users Can Now Take Out Loans On Crypto Collateral; OKEx To Exit South Korea Over New AML Rules
Bitcoin Daily: Abra Users Can Now Take Out Loans On Crypto Collateral; OKEx To Exit...
March 23, 2021  |  Bitcoin

Abra has rolled out Abra Borrow, which will help the company reach its goal of becoming a complete crypto bank, a company blog post stated....

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Today In Payments: Banks Wary As Fed And MIT Prep Digital Currency Report; Jumio Lands $150 Million
Today In Payments: Banks Wary As Fed And MIT Prep Digital Currency Report; Jumio Lands...
March 23, 2021  |  News

In today’s top news, Boston’s Federal Reserve and MIT could reveal digital dollar prototypes this summer, and Jumio raised $150 million to expand its digital...

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Apple, Goldman Cleared Of Unlawful Lending Discrimination Claims
Apple, Goldman Cleared Of Unlawful Lending Discrimination Claims
March 23, 2021  |  Apple

New York’s Department of Financial Services has found no evidence of lending discrimination in an investigation into Apple’s credit card, the state agency announced Tuesday....

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Ex-Wirecard Executive Says Company’s Alleged Fraud Began Over 10 Years Ago
Ex-Wirecard Executive Says Company’s Alleged Fraud Began Over 10 Years Ago
March 23, 2021  |  Security & Fraud

An ex-Wirecard executive informed prosecutors that the firm’s alleged fraud began over 10 years prior to its implosion, with some high-level managers starting to create...

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Banks Large And Small Turn To FinTech Friends For Modernization
Banks Large And Small Turn To FinTech Friends For Modernization
March 23, 2021  |  B2B Payments

From multinational banks to community financial institutions (FIs), teaming up with external help can be a valuable strategy to strengthening product offerings. Get the Full...

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Report: Donatos Pizza Bakes In Digital ID Tools To Prevent Food Fraud
Report: Donatos Pizza Bakes In Digital ID Tools To Prevent Food Fraud
March 23, 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....

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Today In Payments: Google Pay Exec Plans April Exit; Visa To Raise Interchange Fees In UK
Today In Payments: Google Pay Exec Plans April Exit; Visa To Raise Interchange Fees In...
March 22, 2021  |  News

In today’s top news, Google Pay’s Caesar Sengupta plans to step down in April, and Visa will raise its interchange fees on transactions between the...

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