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.

Former NSA Head: Pandemic Increases Cyber Threats For Companies

Former NSA Head: Pandemic Increases Cyber Threats For Companies
Former NSA Head: Pandemic Increases Cyber Threats For Companies
October 11, 2020  |  Security & Fraud

The country’s former top cyber spy said the pandemic has created conditions that have left companies more vulnerable to cybercrime than they previously were, the...

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Feds Charge Texas Man With CARES Act Fraud
Feds Charge Texas Man With CARES Act Fraud
October 09, 2020  |  Security & Fraud

Federal prosecutors on Thursday (Oct. 8) charged a Dallas-area man with allegedly playing a role in a scheme that sought to fraudulently obtain $24.8 million...

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Today In Payments: Central Banks Frame Criteria For Digital Currency; Amazon India Gets $95.5M For Festive Season
Today In Payments: Central Banks Frame Criteria For Digital Currency; Amazon India Gets $95.5M For...
October 09, 2020  |  News

In today’s top news, the Federal Reserve and seven central banks are collaborating on a framework for digital currency, and Amazon India prepares for its...

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New US ‘Cryptocurrency Enforcement Network’ Takes Aim At Bitcoin Scammers
New US ‘Cryptocurrency Enforcement Network’ Takes Aim At Bitcoin Scammers
October 09, 2020  |  Security & Fraud

Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. For instance, a new U.S. Justice Department report is...

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Email Scammers Are Targeting B2B Firms In Today’s Work-From-Home Era
Email Scammers Are Targeting B2B Firms In Today’s Work-From-Home Era
October 09, 2020  |  B2B Payments

The pandemic has sparked a digital shift of positive changes likely remain in place after the pandemic subsides, but it’s also spawned at least one...

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Deep Dive: Why Robust Email Verification Is The First Fraud Barrier For Consumer Onboarding
Deep Dive: Why Robust Email Verification Is The First Fraud Barrier For Consumer Onboarding
October 09, 2020  |  Digital Onboarding

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: How Furniture Retailers Use Automation To Take Fraud Off The Table
Report: How Furniture Retailers Use Automation To Take Fraud Off The Table
October 09, 2020  |  Next-Gen Debit

Brick-and-mortar commerce has rebounded in recent months, but consumers are still heading online for many of their purchases, maintaining trends set in the early months...

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Hackers Hit Mobile Money Payments Processor In Uganda
Hackers Hit Mobile Money Payments Processor In Uganda
October 08, 2020  |  Security & Fraud

Ugandan police are investigating the hacking of a third-party processor of phone-based transactions, Bloomberg reported, that affected MTN Group and Standard Bank Group‘s local units....

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Feedzai Reports 44 Pct Increase In First Half Of 2020
Feedzai Reports 44 Pct Increase In First Half Of 2020
October 08, 2020  |  Security & Fraud

Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release...

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