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.

Detecting And Preventing Cyberfraud Amid Large Transaction Volumes

Detecting And Preventing Cyberfraud Amid Large Transaction Volumes
Detecting And Preventing Cyberfraud Amid Large Transaction Volumes
November 17, 2020  |  Security & Fraud

Over 60 percent of banks say fraud volumes are rising, with over 40 percent reporting that average fraud hit value is going up. Under COVID,...

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Deep Dive: How FIs And Merchants Are Pushing Back Against Push Payment Fraud
Deep Dive: How FIs And Merchants Are Pushing Back Against Push Payment Fraud
November 17, 2020  |  Fraud Prevention

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Deep Dive: How Biometrics Help Telecommunication Companies Fight Onboarding Challenges, SIM Swap Fraud
Deep Dive: How Biometrics Help Telecommunication Companies Fight Onboarding Challenges, SIM Swap Fraud
November 17, 2020  |  Digital Identity

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Authentication Creates Opportunity To Solve FIs’ $1 Trillion Fraud Problem
Authentication Creates Opportunity To Solve FIs’ $1 Trillion Fraud Problem
November 17, 2020  |  Security & Fraud

The great digital shift has created a host of problems for banks — 1 trillion problems to be exact. Get the Full Story Complete the...

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NEW DATA: 43M Consumers Are Holding Out On Mobile Banking Apps — How Banks Can Change Their Minds
NEW DATA: 43M Consumers Are Holding Out On Mobile Banking Apps — How Banks Can...
November 17, 2020  |  Authentication

Consumers’ banking habits have changed radically since the pandemic was first declared in March. Get the Full Story Complete the form to unlock this article...

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How US Mobile Leverages Digital Identity To Protect Against SIM Swap Fraud
How US Mobile Leverages Digital Identity To Protect Against SIM Swap Fraud
November 16, 2020  |  Digital Identity

Exploiting stolen information to convince cell providers to migrate victims’ phone numbers to new SIM cards has become a common tactic for bad actors to...

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SEC Issues Corporate Fraud Warning As BEC Scams Climb
SEC Issues Corporate Fraud Warning As BEC Scams Climb
November 16, 2020  |  Security & Fraud

The risk of fraud continues to climb for organizations of all sizes as the latest data reveals third-quarter spikes in business email compromise and ransomware...

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KeyBank On Fighting APP Fraud During The COVID-19 Pandemic
KeyBank On Fighting APP Fraud During The COVID-19 Pandemic
November 16, 2020  |  Fraud Prevention

Fraudsters are preying on consumers’ anxieties by turning to authorized push payment (APP) fraud for COVID-19-related schemes. Deploying multiple fraud prevention tactics is therefore a...

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Banks Reinforce Protections As Cybercriminals’ Tactics Evolve
Banks Reinforce Protections As Cybercriminals’ Tactics Evolve
November 16, 2020  |  Security & Fraud

Banks have long worked to anticipate and protect against emerging tactics of cybercriminals. Get the Full Story Complete the form to unlock this article and...

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