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.

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

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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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Merchants Deal With Data Regs As COVID-19 Clears
Merchants Deal With Data Regs As COVID-19 Clears
May 05, 2020  |  Regulation

Open banking was ready for its close-up when COVID-19 placed many such advanced initiatives on hold, in lieu of more practical and urgent considerations like...

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Why Understanding Commerce’s New Normal Is Key To Fraud-Fighting Strategies
Why Understanding Commerce’s New Normal Is Key To Fraud-Fighting Strategies
May 05, 2020  |  Fraud Prevention

The last eight weeks has scrambled financial institutions’ tried and tested fraud-fighting approaches as transactions once seen as "abnormal" have become the new "normal." In...

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Mastercard’s Playbook On Fighting Online Fraud’s Big Surge
Mastercard’s Playbook On Fighting Online Fraud’s Big Surge
May 05, 2020  |  Security & Fraud

The shift to online commerce in the wake of the coronavirus pandemic is unprecedented. Get the Full Story Complete the form to unlock this article...

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Fight Card-Not-Present Fraud In A Card-Not-Present World
Fight Card-Not-Present Fraud In A Card-Not-Present World
May 05, 2020  |  Security & Fraud

In the age of the coronavirus, everyone is conducting all facets of daily life – commerce, banking, schooling, working – from home. Get the Full...

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Today In Payments: Google Phone Data: Mixed Stay-Home Compliance; India’s Jio Gets $750M Boost From Silver Lake
Today In Payments: Google Phone Data: Mixed Stay-Home Compliance; India’s Jio Gets $750M Boost From...
May 04, 2020  |  News

In today’s top news, Google phone data shows variance around the globe for how people are following stay-at-home orders, and Silver Lake is investing $750...

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Wells Fargo on Fraud Decisioning And The New Consumer’s New Normal
Wells Fargo on Fraud Decisioning And The New Consumer’s New Normal
May 04, 2020  |  Fraud Prevention

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