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.

Digital ID Firm Socure Raises $100 Million To Advance Fraud Detection

March 16, 2021 | Investments

Digital identity startup Socure closed a $100 million Series D funding round led by Accel with backing from existing investors Commerce Ventures, Scale Venture Partners, Flint...

Putting Speed Bumps In The Path Of Real-Time Payments Fraud

March 16, 2021 | Faster Payments

No one ever said that developing real-time payments would be easy. While more businesses are realizing the need for the velocity and data that comes...

Payroll Diversion, Supply Chain Crime Raise B2B Payment Fraud Alerts

March 15, 2021 | B2B Payments

Criminals are creative, and when it comes to corporate payments, there are a plethora of ways scammers can infiltrate a transaction workflow to steal not...

Treasury Veteran Ed Wilson Sees Both Sides Of The Digital Coin

March 15, 2021 | Cryptocurrency

Last month, U.S. Treasury Secretary Janet Yellen said central banks should explore creating and issuing sovereign digital currencies. The hypothesis is that such currencies —...

FBI Warns Of Deepfake Content From Russia, China

March 12, 2021 | Security & Fraud

The FBI recently issued guidance that synthetic content, including deepfakes, could be used by hackers from Russia, China and other countries in order to advance...