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.

Embattled Bank Of England Governor Pushes Bill To Force Deletion Of Fraudulent Websites
Embattled Bank Of England Governor Pushes Bill To Force Deletion Of Fraudulent Websites
March 22, 2021  |  Security & Fraud

Andrew Bailey, Governor of the Bank of England, wants the British government to introduce new laws forcing giant tech companies to crack down on fraudulent...

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Bitcoin Daily: Investors Pour Over $100 Million In New Bitcoin IRA Program; Robinhood To Expand Crypto Business
Bitcoin Daily: Investors Pour Over $100 Million In New Bitcoin IRA Program; Robinhood To Expand...
March 21, 2021  |  Bitcoin

Bitcoin IRA, a digital IRA letting users buy, sell and swap cryptocurrencies for their retirement accounts, now has over $100 million invested into its new...

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Deutsche Bank, TIS Partner On Corporate Fraud Prevention
Deutsche Bank, TIS Partner On Corporate Fraud Prevention
March 21, 2021  |  B2B Payments

Deutsche Bank and Treasury Intelligence Solutions (TIS) will be entering a strategic partnership in order to work on multi-bank issues, including fraud, according to a...

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New FBI Report Details Shifts In Cybercrime And Strategies To Fight It
New FBI Report Details Shifts In Cybercrime And Strategies To Fight It
March 19, 2021  |  Security & Fraud

Everyone has heard of the CIA, and even the U.K.’s MI6. But what about IC3? Or the RAT team? No, they’re not organizations that will...

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Crypto Exchanges Renew Emphasis On Regulatory Compliance
Crypto Exchanges Renew Emphasis On Regulatory Compliance
March 19, 2021  |  Cryptocurrency

While cryptocurrency has found more mainstream acceptance among consumers, it also has the unfortunate tendency to draw money launderers. According to a PYMNTS AML/KYC Tracker,...

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Fed’s Powell Says X-Border Payments One Of ‘Less Efficient’ Areas Of Financial System
Fed’s Powell Says X-Border Payments One Of ‘Less Efficient’ Areas Of Financial System
March 18, 2021  |  Payment Methods

Cross-border payments represent a big opportunity for firms worldwide — more than $120 trillion in payments volume flows each year between business trading partners globally,...

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New Challenges Emerge From Payment Rail Innovation
New Challenges Emerge From Payment Rail Innovation
March 18, 2021  |  B2B Payments

While new payment rails are designed to tackle some of the biggest legacy pain points of the financial services industry, innovative infrastructure is also opening...

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FanDuel Sports Betting Platform Focuses On Faster Payouts, Fraud Prevention
FanDuel Sports Betting Platform Focuses On Faster Payouts, Fraud Prevention
March 17, 2021  |  Faster Payments

Sports might have been sidelined by COVID-19 in 2020, but online sports betting was not. In fact, Flutter, the parent company of FanDuel — one...

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Bitcoin Daily: Bids For Elon Musk’s NFT Tweet Top $1 Million; Crypto Inflows Hit $4.2 Billion In Q1 Of 2021
Bitcoin Daily: Bids For Elon Musk’s NFT Tweet Top $1 Million; Crypto Inflows Hit $4.2...
March 16, 2021  |  Bitcoin

Billionaire and Tesla CEO Elon Musk is making a tweet of his that involved non-fungible tokens (NFTs) into an NFT, CNBC reported. Get the Full...

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