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.

Truist CIO: Overcoming The Roadblocks To Faster Payments
Truist CIO: Overcoming The Roadblocks To Faster Payments
August 26, 2020  |  Payments Innovation

Instant payments are in higher demand than ever in 2020, with ACI Worldwide estimating that more than 500 billion real-time payments will be processed over...

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Bitcoin Daily: China Plans To Use Digital Yuan At 2022 Winter Olympics; Authorities Arrest Man Behind Alleged $1.73M Crypto Scheme In Australia
Bitcoin Daily: China Plans To Use Digital Yuan At 2022 Winter Olympics; Authorities Arrest Man...
August 25, 2020  |  Bitcoin

Internal pilots of China’s official cryptocurrency are in progress in multiple cities, and there are intentions to use the digital currency at Beijing’s Winter Olympic...

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Why Government eInvoice Mandates Aren’t Only About Tax Fraud
Why Government eInvoice Mandates Aren’t Only About Tax Fraud
August 25, 2020  |  B2B Payments

India is the next country on the docket to implement electronic invoicing (eInvoicing) requirements, and like so many other markets, the regulatory focus is on...

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Deep Dive: How Digital-First Banks Can Effectively Authenticate Customers, Stamp Out Cybercrime
Deep Dive: How Digital-First Banks Can Effectively Authenticate Customers, Stamp Out Cybercrime
August 25, 2020  |  Digital-First Banking

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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Bitcoin Daily: Huawei Creates Blockchain System For Beijing; CryptoTrader.Tax Suffers Hack
Bitcoin Daily: Huawei Creates Blockchain System For Beijing; CryptoTrader.Tax Suffers Hack
August 24, 2020  |  Bitcoin

Huawei has created a technology based on the blockchain to help the Beijing government more effectively monitor and supervise citizen information, CoinDesk reported. Get the...

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Invoice Fraud Strikes Amazon In $19M Scam
Invoice Fraud Strikes Amazon In $19M Scam
August 24, 2020  |  B2B Payments

In a case that highlights how anybody — truly, anybody — can be a victim of invoice fraud, federal officials have reportedly charged two brothers in New...

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Deepfakes Threaten To Become The New BEC Scam
Deepfakes Threaten To Become The New BEC Scam
August 24, 2020  |  B2B Payments

The business email compromise (BEC) scam continues to rear its ugly head at the enterprise, with the global pandemic creating even more avenues through which...

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Ascend Federal Credit Union On Protecting The Benefits Of ITMs
Ascend Federal Credit Union On Protecting The Benefits Of ITMs
August 24, 2020  |  Digital-First Banking

Interactive teller machines (ITMs) are growing increasingly popular as an alternative to physical branch visits for services like loan applications. But an astounding 86 percent...

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eCommerce Regulations Confront Tide Of COVID Fakery
eCommerce Regulations Confront Tide Of COVID Fakery
August 21, 2020  |  Fraud Prevention

The migration to digital everything — aka the Digital Shift or Digital 3.0 if you prefer — is fulfilling the promise of eCommerce for the...

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