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.

Invoice Finance Steps Into The Business Recovery Conversation
Invoice Finance Steps Into The Business Recovery Conversation
June 17, 2020  |  B2B Payments

Keeping the trade engines moving is vital to the recovery of the global economy, but even as deals are struck and sales are made, businesses...

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Bitcoin Daily: SIMBA Chain Lands $1.5M Blockchain Contract From US Air Force; Centra Tech Co-Founder Pleads In Crypto Fraud Case
Bitcoin Daily: SIMBA Chain Lands $1.5M Blockchain Contract From US Air Force; Centra Tech Co-Founder...
June 17, 2020  |  Bitcoin

The U.S. Air Force has granted blockchain firm SIMBA Chain a $1.5 million check to help create a new blockchain for supply logistics in the...

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Fixing Banks’ AML Achilles’ Heel — Before The Fraudsters Pounce
Fixing Banks’ AML Achilles’ Heel — Before The Fraudsters Pounce
June 17, 2020  |  AML

In financial fraud, the breaches come when bank standards are lax. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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US House Weighs Response As Cyberattacks Against FIs Jump 238 Pct
US House Weighs Response As Cyberattacks Against FIs Jump 238 Pct
June 16, 2020  |  Security & Fraud

Cyberattacks against the financial industry have jumped by 238 percent in just the first five months of the year, VMware, Inc. Head of Cybersecurity Strategy...

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Deep Dive: The Importance Of Fighting Fake Restaurant Reviews And Social Media Fraud
Deep Dive: The Importance Of Fighting Fake Restaurant Reviews And Social Media Fraud
June 16, 2020  |  Mobile Order Ahead

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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New Data: Why 75 Pct Of Consumers Want More From Card Apps Than They’re Getting
New Data: Why 75 Pct Of Consumers Want More From Card Apps Than They’re Getting
June 16, 2020  |  Mobile Applications

Banks are well aware that they must do more these days than simply provide their debit and credit card holders with monthly account statements. Just...

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Bitcoin Daily: Xapo Stops Credit Payments for Crypto; Former CoinFlux Owner Pleads In Crypto-Laundering Case
Bitcoin Daily: Xapo Stops Credit Payments for Crypto; Former CoinFlux Owner Pleads In Crypto-Laundering Case
June 14, 2020  |  Bitcoin

Xapo, a crypto wallet and bitcoin custodian, will no longer deal in credit card payments for digital asset purchases, according to an email from the...

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Suit Filed Against Merchant Cash Advance Companies For Fraud
Suit Filed Against Merchant Cash Advance Companies For Fraud
June 14, 2020  |  B2B Payments

Three merchant cash advance companies are facing a lawsuit from New York Attorney General Letitia James over reportedly practicing illicit measures when loaning money to...

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