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.

Navigating Compliance And Tech As Video KYC Adoption Grows
Navigating Compliance And Tech As Video KYC Adoption Grows
May 11, 2020  |  B2B Payments

It was a valuable coincidence that the Reserve Bank of India (RBI) amended Know Your Customer (KYC) rules in January of this year to allow...

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Why Unified Commerce Is Critical For Merchants — And Catnip For Fraudsters
Why Unified Commerce Is Critical For Merchants — And Catnip For Fraudsters
May 08, 2020  |  Retail

The shift to digital commerce is more urgent than ever — and so are some of the potential pitfalls as fraudsters recalibrate their attacks and...

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Helping SMBs Step Up And Scale Securely In The New Digital Economy
Helping SMBs Step Up And Scale Securely In The New Digital Economy
May 08, 2020  |  Podcasts

Winston Churchill is often credited with the expression: “Never let a crisis go to waste.” It is up for debate whether he actually coined the...

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Out-Thinking Hackers With Adaptive AI
Out-Thinking Hackers With Adaptive AI
May 07, 2020  |  Fraud Prevention

Whether the objective is teaching behavior to kids, being an effective team member, or building more impenetrable cyber defenses, learning from a good example works....

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Senators Push FTC To Shield SMBs From PPP Scams
Senators Push FTC To Shield SMBs From PPP Scams
May 06, 2020  |  Security & Fraud

A group of senators is asking the Federal Trade Commission (FTC) to take more steps to protect small- to medium-sized business (SMB) owners from scams...

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Two Men Charged In First US Case Of PPP Stimulus Fraud
Two Men Charged In First US Case Of PPP Stimulus Fraud
May 06, 2020  |  Security & Fraud

Two men were charged in Rhode Island with fraudulently seeking loans through the Paycheck Protection Program (PPP), the U.S. Department of Justice said in a...

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Deep Dive: How FIs Are Confronting Data Lag, Inadequacies In The Face Of Sophisticated Fraudsters
Deep Dive: How FIs Are Confronting Data Lag, Inadequacies In The Face Of Sophisticated Fraudsters
May 06, 2020  |  Fraud Prevention

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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Federal, State Investigators Question Wells Fargo Over PPP Loans
Federal, State Investigators Question Wells Fargo Over PPP Loans
May 06, 2020  |  Security & Fraud

Federal and state officials are investigating Wells Fargo regarding the bank’s management of Paycheck Protection Program (PPP) loans. Get the Full Story Complete the form...

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Credit Unions, CUSOs Fighting Fraudsters
Credit Unions, CUSOs Fighting Fraudsters
May 05, 2020  |  Security & Fraud

“Credit unions across the country are on high alert for scammers looking to take advantage of members during the pandemic and are stepping up fraud...

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