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.

Microsoft Products Targeted In Russian Hack, Report Says
Microsoft Products Targeted In Russian Hack, Report Says
December 18, 2020  |  Security & Fraud

Microsoft has been hacked as part of what officials say could be a Russian campaign that hit multiple U.S. government agencies, Reuters reports. Get the...

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Swiss Prosecutors Charge Credit Suisse Over Alleged Drug Money Laundering
Swiss Prosecutors Charge Credit Suisse Over Alleged Drug Money Laundering
December 18, 2020  |  AML

Credit Suisse has been indicted by Swiss prosecutors for allegedly failing to prevent money laundering, Bloomberg reports, adding that a former bank manager was also...

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Fraudsters Find New Opportunities With Vaccine And Stimulus Scams
Fraudsters Find New Opportunities With Vaccine And Stimulus Scams
December 17, 2020  |  Security & Fraud

With every dark cloud comes a silver lining – or at least that’s how the old and oft-repeated expression goes. Said less often though, no less...

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Kount, FreedomPay Join Forces To Offer Payments Platform, Fraud Prevention Package
Kount, FreedomPay Join Forces To Offer Payments Platform, Fraud Prevention Package
December 17, 2020  |  Authentication

Fraud protection specialist Kount and Philadelphia-based payments platform FreedomPay are teaming up to offer “an integrated, complete solution to enable international expansion with fraud-free payments and frictionless customer” experiences....

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IBM Payments On The Future Of Virtual Cards
IBM Payments On The Future Of Virtual Cards
December 17, 2020  |  CFO

Virtual cards can reduce fraud for businesses transacting online by keeping sensitive payment details safer from cybercriminals, says Mike Cook, senior partner at IBM Payments...

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ChowNow On How Independent Eateries Can Navigate Pandemic-Related Challenges
ChowNow On How Independent Eateries Can Navigate Pandemic-Related Challenges
December 17, 2020  |  Mobile Order Ahead

The pandemic devastated the restaurant industry this year, with independent eateries especially taking a hit from the surge in digital fraud — mainly the testing...

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Deep Dive: How Advanced Tools Help Relieve AP Teams’ Invoice Processing Pains
Deep Dive: How Advanced Tools Help Relieve AP Teams’ Invoice Processing Pains
December 17, 2020  |  B2B Payments

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Walgreens Fights Promotion Abuse With Digital Tracking
Walgreens Fights Promotion Abuse With Digital Tracking
December 17, 2020  |  Fraud Prevention

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ChowNow: AI Helps Independent Restaurants Fight The Growing Threat of Digital Fraud
ChowNow: AI Helps Independent Restaurants Fight The Growing Threat of Digital Fraud
December 16, 2020  |  Mobile Order Ahead

More than 100,000 eateries — or about one in six restaurants nationwide — have closed due to the pandemic, according to National Restaurant Association estimates. The...

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