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.

Today In Payments: Affirm Raises $500M; US Offices At 50 Pct Capacity In August
Today In Payments: Affirm Raises $500M; US Offices At 50 Pct Capacity In August
September 18, 2020  |  News

In today’s top news, Affirm raised $500 million, and U.S. offices were reportedly at only half capacity in August. Plus, the European Union could pass...

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Nacha Provides Guidance On Voice Payments, Cybersecurity
Nacha Provides Guidance On Voice Payments, Cybersecurity
September 18, 2020  |  Financial Inclusion

Nacha, the nonprofit that manages the movement of trillions of dollars in electronic payments, announced the debut of voice payments and cybersecurity resources on Thursday (Sept. 17)....

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Report: Helping QSRs Fight Food Fraud
Report: Helping QSRs Fight Food Fraud
September 18, 2020  |  Mobile Order Ahead

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Ex-NS8 CEO Charged With Defrauding Investors With Falsified Revenue
Ex-NS8 CEO Charged With Defrauding Investors With Falsified Revenue
September 17, 2020  |  Security & Fraud

The U.S. Securities and Exchange Commission (SEC) filed an “emergency action” against former NS8 Inc. Chief Executive Officer Adam Rogas, pursuing an asset freeze and...

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Bitcoin Daily: Bitcoin ATM Installations Approach 10K Globally; Homeland Security Runs Contest For Digital Wallet Development
Bitcoin Daily: Bitcoin ATM Installations Approach 10K Globally; Homeland Security Runs Contest For Digital Wallet...
September 17, 2020  |  Bitcoin

Two individuals from Russia who were recently sanctioned by the Treasury Department purportedly put into place copycat websites for cryptocurrency exchanges that that tricked people...

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Kodak Cleared Of Insider Trading Violations, Stock Soars
Kodak Cleared Of Insider Trading Violations, Stock Soars
September 16, 2020  |  Business

An independent review has cleared Eastman Kodak Co. CEO James Continenza of insider trading involving a $765 million government loan to manufacture prescription medication ingredients...

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Today In Payments: Police Allege Money Launderers Using Chinese eCommerce; Square Launches On-Demand Payroll
Today In Payments: Police Allege Money Launderers Using Chinese eCommerce; Square Launches On-Demand Payroll
September 16, 2020  |  News

In today’s top news, Chinese authorities have made several arrests alleging cybercriminals laundered $2 billion through faux eCommerce purchases, and Square announced the launch of...

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Deep Dive: How College Onboarding Is Getting A Remote Push During The Pandemic
Deep Dive: How College Onboarding Is Getting A Remote Push During The Pandemic
September 16, 2020  |  Digital Onboarding

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Police Allege Money Launderers Are Using Chinese eCommerce Sites To Move Money
Police Allege Money Launderers Are Using Chinese eCommerce Sites To Move Money
September 16, 2020  |  Security & Fraud

Chinese authorities have made a series of arrests alleging more than $2 billion was laundered at offshore gambling sites through faux eCommerce purchases. Get the...

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