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.

Travel Management Firm CWT Pays $4.5M In Bitcoin To Hackers
Travel Management Firm CWT Pays $4.5M In Bitcoin To Hackers
July 31, 2020  |  Security & Fraud

Corporate travel manager CWT paid $4.5 million worth of bitcoin in ransom this week to hackers who said they seized control of 30,000 company computers...

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Report: Reinventing The Bean-To-Bar Chocolate Supply Chain
Report: Reinventing The Bean-To-Bar Chocolate Supply Chain
July 31, 2020  |  B2B Payments

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FI Fraud Decisioning Outthinking Cyberthieves
FI Fraud Decisioning Outthinking Cyberthieves
July 30, 2020  |  Fraud Prevention

With so much highbrow industry chatter about topics like payments fraud detection, it’s good to remember that this is actual crime-fighting. On the FBI’s Cyber...

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Germany Asks For Interpol Help To Find Ex-Wirecard COO
Germany Asks For Interpol Help To Find Ex-Wirecard COO
July 30, 2020  |  Security & Fraud

Germany is seeking help from Russia to help locate missing Wirecard executive Jan Marsalek, The Wall Street Journal (WSJ) reported. Get the Full Story Complete...

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Payments And Platforms Play Well Together
Payments And Platforms Play Well Together
July 29, 2020  |  Payments Powering the Platform Economy

As virtual marketplaces displace (and replace) the physical variety at a dizzying pace, payments speed and security are paramount concerns. When transactions and payments occur...

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The Latest Digital Fraud Prevention Technique: Build A Selective Lock
The Latest Digital Fraud Prevention Technique: Build A Selective Lock
July 29, 2020  |  Security & Fraud

When one stops to consider how fast merchants pivoted to offer their consumers digitally-enriched shopping journeys and how many things customers can do now that...

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Deep Dive: How Marketplaces Use Market-Based Approaches To Recruit Sellers
Deep Dive: How Marketplaces Use Market-Based Approaches To Recruit Sellers
July 28, 2020  |  Payments Powering the Platform Economy

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FinTech Dave Reports Data Breach Involving 7.5M Users
FinTech Dave Reports Data Breach Involving 7.5M Users
July 27, 2020  |  Security & Fraud

Hackers boasting that they have “cracked” some of the hashed passwords stolen from digital banking aggregator Dave may be one of the most disturbing elements...

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Fiverr On Fostering Trust Across Global Freelancing Marketplaces
Fiverr On Fostering Trust Across Global Freelancing Marketplaces
July 27, 2020  |  Payments Powering the Platform Economy

Work from home opens the virtual doors for gig workers and employers in need of help, including beyond their national borders. Shany Malbin, director of...

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