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.

Quantifying Quantum Computing’s Value In Financial Services

Quantifying Quantum Computing’s Value In Financial Services
Quantifying Quantum Computing’s Value In Financial Services
August 28, 2020  |  Security & Fraud

The next great leap for computing may be a bit closer with the help of joint efforts between the U.S. government, the private sector —...

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Report: How ING Group Is Using AI To Fight Financial Crime
Report: How ING Group Is Using AI To Fight Financial Crime
August 28, 2020  |  Fraud Prevention

Banks, credit unions and other financial institutions (FIs) were forced to stop more than $25 billion in fraud attempts in 2018 alone, but such efforts...

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Fortnite, Minecraft Accounts Big Business On Black Market
Fortnite, Minecraft Accounts Big Business On Black Market
August 27, 2020  |  Security & Fraud

Tens of thousands of stolen Fortnite accounts are being sold on the black market in a $1 billion a year trade, according to Bloomberg. Get...

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Mitek, Lightico Team On Secure Smartphone Text Transactions
Mitek, Lightico Team On Secure Smartphone Text Transactions
August 27, 2020  |  Authentication

Mitek, which offers digital identity verification services, has partnered with Lightico, which works in the field of identity verification and eSignatures, to provide a new...

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Bitcoin Daily: ShapeShift Crypto Exchange Alleges $900,000 Employee Bitcoin Theft; Line Debuts Blockchain Platform, Digital Wallet Services
Bitcoin Daily: ShapeShift Crypto Exchange Alleges $900,000 Employee Bitcoin Theft; Line Debuts Blockchain Platform, Digital...
August 27, 2020  |  Bitcoin

Crypto exchange ShapeShift is suing former engineer Azamat Mukhiddinov for allegedly stealing $900,000 in bitcoin via programs he installed on their servers, CoinDesk reported. Get...

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Why Virtual Cards Are The Future Of Controlling And Securing Business Spend
Why Virtual Cards Are The Future Of Controlling And Securing Business Spend
August 27, 2020  |  B2B Payments

Virtual cards have long been associated with corporate travel and expense (T&E), because their advantages fit nearly hand-in-glove with the significant pain points that firms’...

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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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