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: How FinTechs Harness Machine Learning To Approve SMB Loans More Quickly And Safely
Deep Dive: How FinTechs Harness Machine Learning To Approve SMB Loans More Quickly And Safely
August 20, 2020  |  Payments Powering the Platform Economy

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Bitcoin Daily: Five Charged In Alleged Crypto Ponzi Scheme; Expobank Makes Russia’s First Digital Currency Loan
Bitcoin Daily: Five Charged In Alleged Crypto Ponzi Scheme; Expobank Makes Russia’s First Digital Currency...
August 19, 2020  |  Bitcoin

The operators of a purported international digital currency “ponzi scheme” and a lawyer are facing charges of money laundering and fraud, the United States Attorney’s...

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Sri Lanka’s NSB To Utilize ACI For Fraud Detection
Sri Lanka’s NSB To Utilize ACI For Fraud Detection
August 19, 2020  |  B2B Payments

Digital payment software and solutions firm ACI Worldwide will be working with Sri Lanka’s National Savings Bank to implement a new solution for mitigating fraud,...

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NICE Actimize Launches AI Tool To Fight Financial Crime
NICE Actimize Launches AI Tool To Fight Financial Crime
August 19, 2020  |  Security & Fraud

NICE Actimize on Wednesday (Aug. 19) released a platform called Xceed that the company says will use “best-in-class AI, data intelligence, behavioral analytics and insights...

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The Tiffany-Costco Counterfeit Dispute Is Back
The Tiffany-Costco Counterfeit Dispute Is Back
August 19, 2020  |  Legal

Counterfeit goods on online marketplaces have seen an explosion amid COVID-19 from both those who attempt to pass off fakes and the platforms that try to block...

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Wanderlust Wines On Why Merchants Are Not Yet Convinced By SCA’s 2FA Promise
Wanderlust Wines On Why Merchants Are Not Yet Convinced By SCA’s 2FA Promise
August 19, 2020  |  Bank Regulation

European Union regulators are eager to pop the top on new regulations to solve the region’s fraud woes. But many merchants still aren’t convinced, says...

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Deep Dive: Third-Party Apps Keep Business Flowing Amid COVID-19 Pandemic, Increased Risk Of Fraud
Deep Dive: Third-Party Apps Keep Business Flowing Amid COVID-19 Pandemic, Increased Risk Of Fraud
August 19, 2020  |  Mobile Order Ahead

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Bitcoin Daily: Ukraine Busts Alleged Crypto Laundering Operation; Blockchain Shipping Platform TradeLens Expands
Bitcoin Daily: Ukraine Busts Alleged Crypto Laundering Operation; Blockchain Shipping Platform TradeLens Expands
August 18, 2020  |  Bitcoin

Binance helped catch a purported cybercrime organization behind an alleged $42 million laundering effort, according to a statement from the cryptocurrency exchange. Get the Full...

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Onfido Secures $6.6M Grant For Biometrics To Prevent B2B Fraud
Onfido Secures $6.6M Grant For Biometrics To Prevent B2B Fraud
August 18, 2020  |  B2B Payments

A U.K. fund set up to foster competition in the banking sector has given $6.6 million to facial recognition firm Onfido “to invest in the...

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