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.

SEC Chair Warns Of Increasing Cyberattacks Against Companies

SEC Chair Warns Of Increasing Cyberattacks Against Companies
SEC Chair Warns Of Increasing Cyberattacks Against Companies
November 02, 2020  |  Security & Fraud

Securities and Exchange Commission (SEC) Chairman Jay Clayton said corporate America needs to be more proactive about cybersecurity, warning that the threat of cyberattacks will...

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Refinitiv Acquires GIACT To Build End-to-End Fraud And Risk Platform
Refinitiv Acquires GIACT To Build End-to-End Fraud And Risk Platform
November 02, 2020  |  Partnerships / Acquisitions

The digital conversion of financial services was already well underway before COVID-19, but the pandemic and the physical world’s resultant shutdown pushed it into overdrive...

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Deep Dive: Responding To The Rising Threat Of eSkimming
Deep Dive: Responding To The Rising Threat Of eSkimming
November 02, 2020  |  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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Hospitals, Political Campaigns Brace For Cyberattacks
Hospitals, Political Campaigns Brace For Cyberattacks
November 02, 2020  |  B2B Payments

The top story this week in B2B fraud was undoubtedly the issue of fraud in the Small Business Administration (SBA) small business relief program. Get...

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Surecomp Integrates ThetaRay To Reduce Financial Crime
Surecomp Integrates ThetaRay To Reduce Financial Crime
November 01, 2020  |  B2B Payments

Surecomp, which works in global trade finance solutions for banks, has announced financial crime solution ThetaRay as the newest partner for its Marketplace platform, according...

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Today In Payments: Mastercard’s Cyber Secure Helps Fight Cyber Fraud; Amazon Focuses On Fulfillment After Record Quarter
Today In Payments: Mastercard’s Cyber Secure Helps Fight Cyber Fraud; Amazon Focuses On Fulfillment After...
October 30, 2020  |  News

In today’s top news, Mastercard reveals its AI tool Cyber Secure to help banks fight cyber breaches, and Amazon reported record-setting earnings. Likewise, Alphabet reported...

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How FIs Counter Online Debit And Credit Card Skimming
How FIs Counter Online Debit And Credit Card Skimming
October 30, 2020  |  Next-Gen Debit

Debit-card skimming schemes have moved online. Lindsay Land, Consumers Credit Union’s vice president of operations, explains how tokenizing debit payments can help eTailers foil fraudsters’...

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Visa: Minimizing Fraud Risk And Protecting Merchants Amid The Digital Shift
Visa: Minimizing Fraud Risk And Protecting Merchants Amid The Digital Shift
October 30, 2020  |  Security & Fraud

“New government policies ultimately changed the way the majority of businesses interacted with customers, with new phrases like ‘buy online, pick up in-store’ becoming part...

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US Hospitals Threatened By Ransomware Attack
US Hospitals Threatened By Ransomware Attack
October 29, 2020  |  Security & Fraud

A ransomware attack has infiltrated the healthcare system and affected five hospitals, the Associated Press (AP) reported. Get the Full Story Complete the form to...

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