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.

Taking A Customer-Centric Approach To Fighting Fraud
Taking A Customer-Centric Approach To Fighting Fraud
May 28, 2020  |  Fraud Prevention

Social distancing mandates are pushing consumers to embrace digital-first banking services, creating opportunity for fraudsters to bury their scams across multiple channels. In this month’s...

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Google Reports Resurgence In Pandemic Hacking, Phishing
Google Reports Resurgence In Pandemic Hacking, Phishing
May 28, 2020  |  Security & Fraud

Google’s security experts had their hands full in April, as its Threat Analysis Group (TAG) emailed 1,755 warnings to users whose accounts were targets, the...

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An API-Driven Fix To Digital-First Banking
An API-Driven Fix To Digital-First Banking
May 28, 2020  |  Digital-First Banking

The global financial space has been severely impacted by the ongoing COVID-19 pandemic, with social distancing and stay-at-home guidelines preventing customers from visiting bank branches...

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Today In Payments: Amazon Eyes Zoox Acquisition For Autonomous Cars; Walmart, ThredUp Join For Pre-Owned Clothes
Today In Payments: Amazon Eyes Zoox Acquisition For Autonomous Cars; Walmart, ThredUp Join For Pre-Owned...
May 27, 2020  |  News

In today’s top news, Amazon is in talks to acquire self-driving startup Zoox, Walmart is partnering with ThredUp to sell pre-owned clothes and Google Assistant...

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Innovating the ATM Beyond Cash
Innovating the ATM Beyond Cash
May 27, 2020  |  Credit Unions

The COVID-19 pandemic is accelerating the pace of digital innovation across the financial sector, and credit unions (CUs) are no exception. Get the Full Story...

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How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel
How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel
May 27, 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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WA Man Charged With Seeking $1.5M In PPP Loans For Fake Companies
WA Man Charged With Seeking $1.5M In PPP Loans For Fake Companies
May 25, 2020  |  Security & Fraud

A 35-year-old Washington State resident is charged with allegedly attempting to defraud the Paycheck Protection Program (PPP) by requesting loans for companies and employees that...

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Deploying A Multilayered Fraud Prevention System During The COVID-19 Pandemic
Deploying A Multilayered Fraud Prevention System During The COVID-19 Pandemic
May 22, 2020  |  Fraud Prevention

Financial crimes are increasing amid the COVID-19 pandemic, with fraudsters impersonating tax officials to steal personal data. Multi-faceted approaches are necessary, as simply using automated...

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