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.

Report: EY Whistleblower Called Out Wirecard For Fraud Years Before It Went Bankrupt
Report: EY Whistleblower Called Out Wirecard For Fraud Years Before It Went Bankrupt
September 29, 2020  |  Security & Fraud

An EY whistleblower has alleged the global accounting firm was warned as far back as 2016 that senior managers at Wirecard may have committed fraud...

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Jumio To Integrate Beam’s AML Platform To Boost Financial Crime Detection Capabilities
Jumio To Integrate Beam’s AML Platform To Boost Financial Crime Detection Capabilities
September 29, 2020  |  Partnerships / Acquisitions

Jumio, known for its suite of artificial intelligence (AI)-powered identity verification and online know your customer (KYC) products, is beefing up its anti-money laundering (AML)...

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JPMorgan Ups Payment Fraud Protection For SMBs
JPMorgan Ups Payment Fraud Protection For SMBs
September 28, 2020  |  B2B Payments

J.P. Morgan Chase is stepping up its payment fraud protection services for small- to medium-sized businesses (SMBs) to help them combat scam and fraud attempts,...

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Financial Crime-Fighters Turning The Tide Of COVID-Era Fraud
Financial Crime-Fighters Turning The Tide Of COVID-Era Fraud
September 28, 2020  |  Fraud Prevention

Isn’t it just like a crook to exploit a bad situation? COVID-19 is an ideal example, as cold-hearted fraudsters are siphoning off funds designated for...

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Corporates See Loan Fraud By Insiders As Growing Threat
Corporates See Loan Fraud By Insiders As Growing Threat
September 28, 2020  |  B2B Payments

Pandemic-related fraud attempts continue to climb. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Helping SMBs Profit From A Decidedly Different 2020 Holiday-Shopping Season
Helping SMBs Profit From A Decidedly Different 2020 Holiday-Shopping Season
September 28, 2020  |  Retail

“Digital transformation” has been the buzz phrase for small- to medium-sized businesses (SMBs) of all types over the past half-year as they rushed to reorganize...

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Bitcoin Daily: Russia Blacklists Binance Over Data Distribution; China Says Illegal Gambling Uses Crypto To Move Funds Out of Country
Bitcoin Daily: Russia Blacklists Binance Over Data Distribution; China Says Illegal Gambling Uses Crypto To...
September 27, 2020  |  Bitcoin

Russian telecom regulator Roskomnadzor looks to be targeting Binance, the world’s largest cryptocurrency exchange, as a platform “disseminating prohibited information,” according to Cointelegraph. Get the...

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Companies See Work From Home As A Security Threat
Companies See Work From Home As A Security Threat
September 27, 2020  |  Security & Fraud

Once rare, telecommuting has become routine during the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Main Street SMBs, Digital AP, GoodRx’s IPO Tops This Week’s News
Main Street SMBs, Digital AP, GoodRx’s IPO Tops This Week’s News
September 25, 2020  |  News

It’s the end of another work week, and the PYMNTS Weekender is here to catch you up on the latest news. We have deep dives...

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