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.

The Three AML Screens Companies Must Continually Monitor
The Three AML Screens Companies Must Continually Monitor
October 15, 2020  |  Security & Fraud

When Jumio acquired anti-money laundering (AML) solutions platform Beam last week, the move was more significant than simply adding AML strength to its onboarding platform, Jumio’s...

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Wells Fargo Fires Over 100 For Allegedly Collecting COVID Relief Funds
Wells Fargo Fires Over 100 For Allegedly Collecting COVID Relief Funds
October 14, 2020  |  Security & Fraud

Wells Fargo has fired over 100 employees for allegedly improperly collecting COVID-19 relief funds, according to sources quoted by Bloomberg. Get the Full Story Complete...

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Consumers Embrace Debit Amid Ongoing Uncertainty
Consumers Embrace Debit Amid Ongoing Uncertainty
October 14, 2020  |  Next-Gen Debit

When the chips are down, consumers love and trust their debit cards. Get the Full Story Complete the form to unlock this article and enjoy...

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Qdoba On Curbing Chargeback Fraud With Data Analytics
Qdoba On Curbing Chargeback Fraud With Data Analytics
October 14, 2020  |  Mobile Order Ahead

The mobile order-ahead space is one of the few seeing an upswing of increased revenue amid the pandemic, as quick-service restaurant (QSR) customers look for...

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Terrorists And Scammers Raise Government Alarms Over Crypto
Terrorists And Scammers Raise Government Alarms Over Crypto
October 13, 2020  |  Security & Fraud

Across the globe, terrorists and criminals are leveraging cryptos in what is gearing up to be a significant national security threat to the United States....

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Rogue State Employees Join Cyberthieves In Stealing Jobless Benefits
Rogue State Employees Join Cyberthieves In Stealing Jobless Benefits
October 13, 2020  |  Security & Fraud

Insider fraud is emerging as yet another threat to the nation’s unemployment insurance (UI) program, already under siege as cybercriminals and criminal gangs make away...

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Deep Dive: Why eCommerce Retails Must Reassess Their Debit, Online Payments Security
Deep Dive: Why eCommerce Retails Must Reassess Their Debit, Online Payments Security
October 13, 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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Report: Zulily On How Digital IDs Help Flag Account Takeovers
Report: Zulily On How Digital IDs Help Flag Account Takeovers
October 13, 2020  |  Authentication

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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Microsoft Joins Offensive Against Major Botnet
Microsoft Joins Offensive Against Major Botnet
October 12, 2020  |  Security & Fraud

Microsoft Corp. is well-known for making products to defend computers that run its software from attacks, but on Monday (Oct. 12) the company announced that...

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