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: Hanging Up The Phone On Mobile Remittance Fraud

Report: Hanging Up The Phone On Mobile Remittance Fraud
Report: Hanging Up The Phone On Mobile Remittance Fraud
September 22, 2020  |  Smarter Payments

Cross-border remittances are a lifeline for many households who depend on family members working abroad to send funds home. These international money flows reached $689...

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Bitcoin Daily: US National Banks To Hold Reserve Currencies For Stablecoins; Stripe To Pay Massachusetts $120K In PlexCoin ICO Role
Bitcoin Daily: US National Banks To Hold Reserve Currencies For Stablecoins; Stripe To Pay Massachusetts...
September 21, 2020  |  Bitcoin

The Office of the Comptroller of the Currency (OCC) released a letter that explained the authority of federal savings associations and national banks to keep...

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How Blaze Pizza Fires Up Friendly Fraud Defenses
How Blaze Pizza Fires Up Friendly Fraud Defenses
September 21, 2020  |  Mobile Order Ahead

Many QSRs are turning to promotions to boost mobile ordering, but must also prevent dishonest consumers from redeeming single-use offers more than one time. In...

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Report: FinCEN Files Reveal Billions In Suspicious Money Flows
Report: FinCEN Files Reveal Billions In Suspicious Money Flows
September 21, 2020  |  Security & Fraud

A shocking new report reveals an underworld of corruption in the world’s banks and how governments allow it to thrive, BuzzFeed News reported. Get the...

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Taking AI Beyond Fraud Prevention And Into The Realm Of Smart Payments Routing
Taking AI Beyond Fraud Prevention And Into The Realm Of Smart Payments Routing
September 21, 2020  |  Artificial Intelligence

Merchants, quite logically, want to keep transaction conversion rates high. And consumers want to pay with their preferred methods, across cards or digital wallets. Get...

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Bitcoin Daily: Australian Man Sentenced For Mining Crypto On Gov’t Supercomputers; Oil Fund Claims 600 BTC Among World’s Largest Sovereign Wealth Fund
Bitcoin Daily: Australian Man Sentenced For Mining Crypto On Gov’t Supercomputers; Oil Fund Claims 600...
September 20, 2020  |  Bitcoin

A former contractor for the Australian government’s Commonwealth Scientific and Industrial Research Organization has been sentenced to 300 hours of community service after pleading guilty...

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University Onboarding, Subscriptions, Friendly QSR Fraud Top This Week’s News
University Onboarding, Subscriptions, Friendly QSR Fraud Top This Week’s News
September 18, 2020  |  The Weekender

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and...

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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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