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 Insurance Fraud Hurts Both Companies And Consumers
Deep Dive: How Insurance Fraud Hurts Both Companies And Consumers
April 23, 2020  |  Fraud Prevention

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DOJ Warns Against COVID-19-Related Scams
DOJ Warns Against COVID-19-Related Scams
April 22, 2020  |  Security & Fraud

A cooperative effort between police and businesses has shut down hundreds of websites established to exploit the coronavirus pandemic, according to the U.S Department of...

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How Allstate Leverages AI To Show Insurance Fraudsters The Door
How Allstate Leverages AI To Show Insurance Fraudsters The Door
April 22, 2020  |  Fraud Prevention

Fraudulent claims in the U.S. account for more than $80 billion in payments a year, with legitimate customers paying higher premiums to make up for...

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Deep Dive: The Need For Real-Time Data To Keep Onboarding Fast And Secure
Deep Dive: The Need For Real-Time Data To Keep Onboarding Fast And Secure
April 22, 2020  |  Digital Onboarding

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Stemming The SIM-Swapping Tide In Fraud Friendlier Times
Stemming The SIM-Swapping Tide In Fraud Friendlier Times
April 22, 2020  |  Security & Fraud

While being the victim of fraud is never good, there is something to be said for at least being able to identify where exactly one...

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Ripple Files Lawsuit Against YouTube For Not Removing Crypto Scams Fast Enough
Ripple Files Lawsuit Against YouTube For Not Removing Crypto Scams Fast Enough
April 21, 2020  |  Legal

Ripple announced on Tuesday (April 21) that it is filing a lawsuit against YouTube, alleging that the popular video platform isn’t doing its due diligence...

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Behind Quontic Bank’s Data-Driven Approach To Faster Onboarding
Behind Quontic Bank’s Data-Driven Approach To Faster Onboarding
April 21, 2020  |  Digital Onboarding

With 48 percent of the money pocketed by fraudsters coming from funds stolen from day-old accounts, secure customer onboarding is more critical than ever. In...

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AP Automation Combats COVID Scams
AP Automation Combats COVID Scams
April 21, 2020  |  Security & Fraud

COVID-19 has afforded internet villains what will certainly go down as the greatest cybertheft opportunity of their shadowy lifetimes. Business email compromise (BEC), B2B phishing...

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Royal Bank Of Canada Rolls Out Digital ID Verification For Account Opening
Royal Bank Of Canada Rolls Out Digital ID Verification For Account Opening
April 21, 2020  |  Authentication

Consumers now flock online to do their banking but remotely verifying customers' IDs is not without its challenges, as fraudsters are becoming increasingly skilled at...

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