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.

Finding The Balance For Merchants Between Trusted Authentication And Costly Aggravation

Finding The Balance For Merchants Between Trusted Authentication And Costly Aggravation
Finding The Balance For Merchants Between Trusted Authentication And Costly Aggravation
June 02, 2021  |  Cybersecurity

With a never-ending parade of bad news about data breaches, cybercrimes, ransomware schemes and a purported army of digital criminals ready to unleash their next...

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World’s Biggest Meat Producer, JBS, Hacked In Organized Attack
World’s Biggest Meat Producer, JBS, Hacked In Organized Attack
June 01, 2021  |  Cybersecurity

JBS USA, the world’s largest meat processor, was the victim of a cyberattack that the Greeley, Colorado company called “organized,” which affected its IT systems...

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Should Banks Reimburse Businesses For Fraud?
Should Banks Reimburse Businesses For Fraud?
June 01, 2021  |  B2B Payments

Consumer fraud is an ugly beast, but often, individuals can sleep soundly knowing that instances of fraud are often covered by their banks. Corporates, however,...

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Deep Dive: What New Digital Bank Customers Expect From Their Onboarding Experiences
Deep Dive: What New Digital Bank Customers Expect From Their Onboarding Experiences
June 01, 2021  |  Digital Onboarding

Generation Z consumers are well-known as tastemakers when it comes to pop culture, music and fashion, and their influence is quickly expanding to the financial...

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NEW DATA: What UK And US Businesses Want From Cross-Border Payments Innovations
NEW DATA: What UK And US Businesses Want From Cross-Border Payments Innovations
June 01, 2021  |  Cross-border Payments

Businesses around the world are doubling down on their cross-border innovation amid a growing need for faster, more efficient business-to-business (B2B) payments — and their...

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OakNorth On Balancing Security And Convenience In Customer Onboarding
OakNorth On Balancing Security And Convenience In Customer Onboarding
May 31, 2021  |  Authentication

Machine learning (ML) can help digital banks do much of the heavy lifting during customer onboarding — especially if applicants have common names. In the...

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Dubai Officials: ‘DubaiCoin’ Never Received Any Governmental Approval
Dubai Officials: ‘DubaiCoin’ Never Received Any Governmental Approval
May 28, 2021  |  Cryptocurrency

The government of Dubai has announced that a so-called “DubaiCoin” digital token was not given the green light by “any official authority” and that promotions...

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House Committee Asks Kabbage, BlueVine For Pandemic Loan Security, Revenue Data
House Committee Asks Kabbage, BlueVine For Pandemic Loan Security, Revenue Data
May 28, 2021  |  Cybersecurity

U.S. lawmakers have opened an investigation into FinTechs Kabbage and BlueVine, along with their partner banks, for their role in the distribution of billions of...

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