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.

Real-Time Networks Getting Really Serious About Fraud In 2021

Real-Time Networks Getting Really Serious About Fraud In 2021
Real-Time Networks Getting Really Serious About Fraud In 2021
January 26, 2021  |  Real-Time Payments

As real-time payment (RTP) schemes move from pilot to implementation worldwide, cybercrooks follow, drawn by the lure of instant ill-gotten gains at scale. Get the...

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Bitcoin Daily: Russian Government Bans Officials From Holding Crypto; BuyUCoin Hack Leaks Private Data Of 325,000 Users
Bitcoin Daily: Russian Government Bans Officials From Holding Crypto; BuyUCoin Hack Leaks Private Data Of...
January 25, 2021  |  Bitcoin

Russia’s Ministry of Labor has banned federal and local governmental officials — and their spouses and underage children — from holding digital currencies, CoinDesk reported....

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Deep Dive: How P2P Payment App Providers Can Tackle Rising Fraud
Deep Dive: How P2P Payment App Providers Can Tackle Rising Fraud
January 25, 2021  |  Real-Time Payments

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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First Bank Takes Two-Pronged Approach To Fighting Internal, External Fraud Threats
First Bank Takes Two-Pronged Approach To Fighting Internal, External Fraud Threats
January 25, 2021  |  Banking

The banking industry is still grappling with the pandemic’s unprecedented effects, including a broad digital shift across numerous sectors. Digital banking apps in particular have...

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Bitcoin Daily: Crypto-Related Crime Fell To $10 Billion In 2020; Singapore Exchange, Temasek Team On Digital Asset Market Infrastructure
Bitcoin Daily: Crypto-Related Crime Fell To $10 Billion In 2020; Singapore Exchange, Temasek Team On...
January 24, 2021  |  Bitcoin

Cryptocurrency-related crime fell in 2020, according to a blog post from Chainalysis. Get the Full Story Complete the form to unlock this article and enjoy...

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Arrests Made For Organizing Wirecard’s Marsalek’s Escape
Arrests Made For Organizing Wirecard’s Marsalek’s Escape
January 24, 2021  |  Cybersecurity

Two Austrian men have been arrested in Vienna for allegedly helping rogue Wirecard exec Jan Marsalek escape arrest after the payment company’s downfall last year,...

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Kount: Doing What It Takes To Protect Partners And Customers From Digital Fraud
Kount: Doing What It Takes To Protect Partners And Customers From Digital Fraud
January 22, 2021  |  Cybersecurity

Brad Wiskirchen, CEO of Kount, dives into the pandemic’s effect on payments, eCommerce and fraud prevention, and the importance of businesses to address account protection...

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Debit Issuers Turning The Tech Tables On Fraudsters
Debit Issuers Turning The Tech Tables On Fraudsters
January 22, 2021  |  Next-Gen Debit

That the pandemic has been a fraudster’s playground is not in doubt. Were it not for a flurry of digital transformation all through 2020 the...

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