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.

How Walgreens Relies On Digital Deals To Fight Promotion Fraud

How Walgreens Relies On Digital Deals To Fight Promotion Fraud
How Walgreens Relies On Digital Deals To Fight Promotion Fraud
December 18, 2020  |  Fraud Prevention

Promotions have not just become a lifeline for retailers looking to boost revenues during the pandemic, but also fraudsters looking for a quick and easy...

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Deep Dive: How 2020’s Fraud Trends Will Shape Security Measures Going Forward
Deep Dive: How 2020’s Fraud Trends Will Shape Security Measures Going Forward
December 18, 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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Microsoft Products Targeted In Russian Hack, Report Says
Microsoft Products Targeted In Russian Hack, Report Says
December 18, 2020  |  Cybersecurity

Microsoft has been hacked as part of what officials say could be a Russian campaign that hit multiple U.S. government agencies, Reuters reports. Get the...

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Swiss Prosecutors Charge Credit Suisse Over Alleged Drug Money Laundering
Swiss Prosecutors Charge Credit Suisse Over Alleged Drug Money Laundering
December 18, 2020  |  AML

Credit Suisse has been indicted by Swiss prosecutors for allegedly failing to prevent money laundering, Bloomberg reports, adding that a former bank manager was also...

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Fraudsters Find New Opportunities With Vaccine And Stimulus Scams
Fraudsters Find New Opportunities With Vaccine And Stimulus Scams
December 17, 2020  |  Cybersecurity

With every dark cloud comes a silver lining – or at least that’s how the old and oft-repeated expression goes. Said less often though, no less...

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Kount, FreedomPay Join Forces To Offer Payments Platform, Fraud Prevention Package
Kount, FreedomPay Join Forces To Offer Payments Platform, Fraud Prevention Package
December 17, 2020  |  Authentication

Fraud protection specialist Kount and Philadelphia-based payments platform FreedomPay are teaming up to offer “an integrated, complete solution to enable international expansion with fraud-free payments and frictionless customer” experiences....

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IBM Payments On The Future Of Virtual Cards
IBM Payments On The Future Of Virtual Cards
December 17, 2020  |  CFO

Virtual cards can reduce fraud for businesses transacting online by keeping sensitive payment details safer from cybercriminals, says Mike Cook, senior partner at IBM Payments...

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ChowNow On How Independent Eateries Can Navigate Pandemic-Related Challenges
ChowNow On How Independent Eateries Can Navigate Pandemic-Related Challenges
December 17, 2020  |  Mobile Order Ahead

The pandemic devastated the restaurant industry this year, with independent eateries especially taking a hit from the surge in digital fraud — mainly the testing...

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