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.

Grab Fined For Privacy Breach For The Fourth Time
Grab Fined For Privacy Breach For The Fourth Time
September 13, 2020  |  Security & Fraud

GrabCar, a unit of Grab Holdings, a Singapore-based ridesharing company, has been issued a $10,000 Singapore dollar ($7,311) fine for a personal data breach, Bloomberg...

READ MORE >
Philippines Investigates 57 Potential Participants In Wirecard Scandal
Philippines Investigates 57 Potential Participants In Wirecard Scandal
September 11, 2020  |  Security & Fraud

Fifty-seven local and international “persons of interest” who possibly participated in the Wirecard AG scandal are subjects of a probe by government officials in the...

READ MORE >
Deep Dive: Securing The Growth Of CNP Debit
Deep Dive: Securing The Growth Of CNP Debit
September 11, 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....

READ MORE >
How The Supplier Guides The Accounts Payable Evolution
How The Supplier Guides The Accounts Payable Evolution
September 11, 2020  |  B2B Payments

In a pre-COVID environment, accounts payable (AP) departments had three major struggles, according to Nasser Chanda, CEO of Paymerang. Get the Full Story Complete the...

READ MORE >
How Data Analysis And Communication Get To The Bottom Of Chargeback Claims
How Data Analysis And Communication Get To The Bottom Of Chargeback Claims
September 11, 2020  |  Fraud Prevention

Chargeback options are meant to protect consumers, but shoppers also sometimes file claims over purchases they simply don’t recall or don’t want to pay for....

READ MORE >
DOJ: 57 People Charged With Alleged PPP Fraud As Of May
DOJ: 57 People Charged With Alleged PPP Fraud As Of May
September 10, 2020  |  Security & Fraud

Fifty-seven people have been charged by the U.S. Department of Justice (DOJ) as of May for attempting to misappropriate over $175 million from the Paycheck...

READ MORE >
Report: JPMorgan Staffers Fired Over Relief Fund Thefts
Report: JPMorgan Staffers Fired Over Relief Fund Thefts
September 10, 2020  |  Security & Fraud

One day after JPMorgan Chase & Co. CEO Jamie Dimon threatened to take action against employees who stole COVID-19 relief funds, several workers have reportedly been fired....

READ MORE >
How Music Retailers Fine-Tune CNP Payment Security
How Music Retailers Fine-Tune CNP Payment Security
September 10, 2020  |  Next-Gen Debit

The $4.19 billion musical instrument industry has a growing fraud problem. As consumers go online to shop, card-not-present (CNP) fraud attempts are rising, with victims...

READ MORE >
Report: How Card Issuers Sort Fact From Fiction In Customer Chargeback Claims
Report: How Card Issuers Sort Fact From Fiction In Customer Chargeback Claims
September 10, 2020  |  Fraud Prevention

Card-not-present (CNP) transactions are rising as consumers lean heavily on digital channels to meet their needs during the ongoing pandemic. Get the Full Story Complete...

READ MORE >