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.

Deep Dive: Fighting Back Against The Fraud Plaguing P2P Payment Apps
Deep Dive: Fighting Back Against The Fraud Plaguing P2P Payment Apps
October 20, 2020  |  Fraud Prevention

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Bitcoin Daily: Russia Says Digital Ruble Could Mitigate Sanction Risk; FinCEN Fines Crypto ‘Mixer’ $60M Over AML Violations
Bitcoin Daily: Russia Says Digital Ruble Could Mitigate Sanction Risk; FinCEN Fines Crypto ‘Mixer’ $60M...
October 19, 2020  |  Bitcoin

StakeHound has teamed with DASH NEXT and Dash Core Group to provide those who use DASH with access to decentralized finance (DeFi) applications while accruing...

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Malware Hits Banks By Mimicking Video Conferencing App
Malware Hits Banks By Mimicking Video Conferencing App
October 19, 2020  |  Fraud Attack

Brazilian bank accounts are being hit by a new malware, called Vizom by IBM, that makes use of familiar overlay attack tactics to hijack devices...

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New Cloud-Based Card-Issuing System Aims To Standardize Payments Security
New Cloud-Based Card-Issuing System Aims To Standardize Payments Security
October 19, 2020  |  Security & Fraud

Entrust, an identities, payments and data protection firm based in Minneapolis, on Monday (Oct. 19) announced that its Sigma Instant Desktop Issuance product will set...

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Unit21 Nets $13M For Business Risk And Compliance Tool
Unit21 Nets $13M For Business Risk And Compliance Tool
October 19, 2020  |  Investments

San Francisco-based Unit21, which offers products for fighting financial crime, has landed $13 million in a funding round led by A.Capital Ventures. Unit21 has experienced...

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The Food Fraud Fight, With A Side Of AI
The Food Fraud Fight, With A Side Of AI
October 19, 2020  |  Mobile Order Ahead

Quick-service restaurants (QSRs) are learning they can benefit from data analytics and artificial intelligence (AI), technologies that are becoming critical in helping restaurants capture customer...

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How Zelle Protects Users Against Scams And Frauds With AI, Analytics
How Zelle Protects Users Against Scams And Frauds With AI, Analytics
October 19, 2020  |  Fraud Prevention

Fraudsters are deploying tactics ranging from impersonating tax officials to selling fake PPE on peer-to-peer (P2P) payment apps amid the COVID-19 pandemic. Fighting these threats...

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Plaid ‘Surprised’ At TD Bank’s Lawsuit Alleging It Tricked Consumers
Plaid ‘Surprised’ At TD Bank’s Lawsuit Alleging It Tricked Consumers
October 19, 2020  |  Legal

Plaid is denying that it has used TD Bank‘s logo to dupe customers into sending information it could monetize, a report from The Globe and...

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UK Watchdog Hits British Airways With $25.8M Fine Over Data Breach
UK Watchdog Hits British Airways With $25.8M Fine Over Data Breach
October 16, 2020  |  Security & Fraud

British Airways (BA) must pay a $25.8 million fine for lacking the proper security measures that might have prevented a hacker in 2018 from exposing...

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