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.

Today In Payments: Adevinta To Buy eBay’s Classifieds Unit; Panel To Review UK’s FinTech Sector 
Today In Payments: Adevinta To Buy eBay’s Classifieds Unit; Panel To Review UK’s FinTech Sector 
July 21, 2020  |  News

In today’s top news, Adevinta agrees to buy eBay’s classifieds division for $9.2 billion, and an independent panel plans to review the U.K.’s FinTech sector....

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Deep Dive: Securing P2P Apps Against Scams And ATOs
Deep Dive: Securing P2P Apps Against Scams And ATOs
July 21, 2020  |  AML

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Radius Bank: Becoming Partners In Crime Prevention Can Help FIs Beat Fraud Rings
Radius Bank: Becoming Partners In Crime Prevention Can Help FIs Beat Fraud Rings
July 21, 2020  |  Fraud Prevention

Cybercrime is a constant concern for banks, credit unions and other financial institutions (FIs), with more than 25 percent of all malware attacks targeting the...

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Why Traditional Fraud Methods Failed To Stop Public-Payout Systems Fraud
Why Traditional Fraud Methods Failed To Stop Public-Payout Systems Fraud
July 21, 2020  |  Security & Fraud

Some recently unemployed Americans who have attempted to file for jobless benefits are encountering a nasty shock: They’ve been robbed by canaries. Get the Full...

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CFPB Consumer Complaints Up 50 Pct During Pandemic
CFPB Consumer Complaints Up 50 Pct During Pandemic
July 20, 2020  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has recorded record-high numbers of complaints every month since the pandemic hit in mid-March, according to a press release...

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How Alipay Works To Thwart Payments Fraud
How Alipay Works To Thwart Payments Fraud
July 20, 2020  |  AML

A small lapse in judgment can cost consumers big when transacting via payment apps, but having users jump through security hoops creates a clunky customer...

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Deep Dive: Smart Routing And Transaction Success Rates
Deep Dive: Smart Routing And Transaction Success Rates
July 20, 2020  |  Payments Innovation

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Bitcoin Daily: US DOJ Wants To Hire Crypto Lawyer To Fight Cybercrimes; Centra Tech Co-Founder Pleads In ICO Fraud Case
Bitcoin Daily: US DOJ Wants To Hire Crypto Lawyer To Fight Cybercrimes; Centra Tech Co-Founder...
July 20, 2020  |  Bitcoin

Sohrab Sharma, the third co-founder of Centra Tech, has pled guilty to an initial coin offering fraud, according to CoinDesk. Get the Full Story Complete...

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Fraud: Why Everything Old Is New Again
Fraud: Why Everything Old Is New Again
July 20, 2020  |  Security & Fraud

Fraudsters aren’t usually static. They’re often dynamic when on the hunt for new weaknesses to exploit, new targets to go after and new ways to...

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