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.

Biden’s Treasury Pick Yellen Leary Of Crypto
Biden’s Treasury Pick Yellen Leary Of Crypto
January 21, 2021  |  Cryptocurrency

Janet Yellen, President Joe Biden’s nominee for Treasury Secretary, is expected to take a hard stance on cryptocurrencies, calling digital currency a “particular concern” that...

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Auto Lenders Use AI To Drive Safer Real-Time Disbursements
Auto Lenders Use AI To Drive Safer Real-Time Disbursements
January 21, 2021  |  Faster Payments

Immediate disbursements are gaining favor in various industries and sectors. They can eliminate the pain points in business-to-consumer (B2C) transactions by keeping consumers from waiting...

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How Radius Bank Is Tapping Mobile, Digital Card Issuance To Keep Debit Transactions Secure
How Radius Bank Is Tapping Mobile, Digital Card Issuance To Keep Debit Transactions Secure
January 20, 2021  |  Next-Gen Debit

Consumers are increasingly turning to debit to manage their spend, and fraudsters are wise to the move. In the latest Next-Gen Debit Tracker, Chris Tremont,...

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Bitcoin Daily: Crypto Wallet Trezor Warns Of Fake App On Google Play; Dubai Planning Digital Asset Framework
Bitcoin Daily: Crypto Wallet Trezor Warns Of Fake App On Google Play; Dubai Planning Digital...
January 19, 2021  |  Bitcoin

Trezor, a cryptocurrency wallet hardware provider, warned users Monday (Jan. 18) of a “malicious” fake Trezor app on the Google Play store, Cointelegraph reported. Get...

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Today In Payments: LendingClub Gets OK To Acquire Radius Bancorp; GDPR Penalties Escalate As EU Officials Crack Down
Today In Payments: LendingClub Gets OK To Acquire Radius Bancorp; GDPR Penalties Escalate As EU...
January 19, 2021  |  News

In today’s top news, LendingClub gets approval to acquire Radius Bancorp, and GDPR fines have escalated as European regulators step up enforcement. And Plaid plans...

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Deep Dive: How Merchants Can Tap Contactless Payments And QR Codes To Drive Consumer Loyalty And Spending
Deep Dive: How Merchants Can Tap Contactless Payments And QR Codes To Drive Consumer Loyalty...
January 19, 2021  |  Consumer Payments

Banks, financial players and businesses abandoned many of their expectations for 2020 shopping and payment trends during the pandemic as they scrambled to respond to...

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Radius Bank: Virtual Debit, Mobile Tools Help Banks Fight Debit Fraud
Radius Bank: Virtual Debit, Mobile Tools Help Banks Fight Debit Fraud
January 19, 2021  |  Next-Gen Debit

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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Location Detection: Building The Bank Business Case For Better Geolocation Data
Location Detection: Building The Bank Business Case For Better Geolocation Data
January 19, 2021  |  Security & Fraud

In financial services, in the eternal war to keep customers (and themselves) safe from online fraudsters, banks may lift a mantra from the real estate...

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Texas Man Charged In $5 Million PPP Loan Fraud Case
Texas Man Charged In $5 Million PPP Loan Fraud Case
January 19, 2021  |  Security & Fraud

A Texas resident, 32-year-old Samuel Yates, was charged with allegedly trying to file fraudulent bank applications for over $5 million in loans related to COVID-19...

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