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.

Businesses Get Wary Of Trade-Based Money Laundering

Businesses Get Wary Of Trade-Based Money Laundering
Businesses Get Wary Of Trade-Based Money Laundering
January 03, 2021  |  B2B Payments

The Financial Action Task Force (FATF) is warning of new ways of money laundering via exports like onions, potatoes, soft fruits or expensive cars, a...

READ MORE >
T-Mobile: Hackers Accessed Customer Call Data
T-Mobile: Hackers Accessed Customer Call Data
January 03, 2021  |  Cybersecurity

T-Mobile has told some customers of a “security incident” in which a malicious party “may have impacted some of your T-Mobile account information.” Get the...

READ MORE >
Bitcoin Daily: Unicas Opens Physical Crypto Bank Branch In India; Mayor Eyes Investing 1 Pct Of Miami’s Reserves In Bitcoin
Bitcoin Daily: Unicas Opens Physical Crypto Bank Branch In India; Mayor Eyes Investing 1 Pct...
January 01, 2021  |  Cryptocurrency

Indian FinTech Cashaa and the country’s United Multistate Credit Cooperative Society teamed up to launch what they say is the world’s first cryptocurrency bank branch...

READ MORE >
Tracking The Trends That Shaped 2020’s The Digital-First Economy
Tracking The Trends That Shaped 2020’s The Digital-First Economy
January 01, 2021  |  Data & Research

This year, the PYMNTS data and analytics team published 252 reports that tracked the data, innovations and disruptive thinking that are reshaping the payments and...

READ MORE >
Deep Dive: Why ML Plays A Key Role In Debit Issuers’ Fraud-Fighting Strategies
Deep Dive: Why ML Plays A Key Role In Debit Issuers’ Fraud-Fighting Strategies
December 31, 2020  |  Next-Gen Debit

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
New SMB Stimulus Package Could Again Be Vulnerable To Fraud
New SMB Stimulus Package Could Again Be Vulnerable To Fraud
December 30, 2020  |  Cybersecurity

Although the $900 billion COVID-19 relief package passed by the White House this week includes $284 billion for small and mid-size businesses (SMBs), there are...

READ MORE >
Turkish Authorities Search For Suspect In US Tax Fraud Scheme
Turkish Authorities Search For Suspect In US Tax Fraud Scheme
December 29, 2020  |  Cybersecurity

Turkish prosecutors have issued a detention warrant for Turkish businessman Sezgin Baran Korkmaz, who has ties to Utah business executives who recently pleaded guilty to...

READ MORE >
Machine Learning Supercharges Banks’ Efforts To Fight Debit Fraud
Machine Learning Supercharges Banks’ Efforts To Fight Debit Fraud
December 29, 2020  |  Next-Gen Debit

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >