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.

Deep Dive: Securing The Growth Of CNP Debit

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....

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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...

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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....

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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...

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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....

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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...

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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...

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How Music Retailers Keep Card-Not-Present Fraud From Sounding A Sour Note
How Music Retailers Keep Card-Not-Present Fraud From Sounding A Sour Note
September 09, 2020  |  Next-Gen Debit

The COVID-19 pandemic is shaking up shopping behavior. Consumers who previously paid for purchases by swiping or inserting their cards at in-store point-of-sale (POS) terminals...

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FTC Probes Intuit Over Alleged Deceptive TurboTax Marketing
FTC Probes Intuit Over Alleged Deceptive TurboTax Marketing
September 08, 2020  |  Taxes

The Federal Trade Commission (FTC) is looking into Intuit over its TurboTax product, as the company allegedly was tricking customers into paying for what they...

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