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.

FanDuel Sports Betting Platform Focuses On Faster Payouts, Fraud Prevention

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

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

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Payroll Diversion, Supply Chain Crime Raise B2B Payment Fraud Alerts
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...

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Treasury Veteran Ed Wilson Sees Both Sides Of The Digital Coin
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 —...

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FBI Warns Of Deepfake Content From Russia, China
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...

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No Mooching: Netflix Tests Block On Password Sharing
No Mooching: Netflix Tests Block On Password Sharing
March 12, 2021  |  Security & Fraud

A new Netflix prompt, just in test mode for now, is attempting to crack down on shared passwords, saying that if you “don’t live with...

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Deep Dive: Why eCommerce Merchants Struggle To Find A Fraud Detection Balance
Deep Dive: Why eCommerce Merchants Struggle To Find A Fraud Detection Balance
March 11, 2021  |  Fraud Prevention

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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