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.

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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Allstate On Using AI To Fight Insurance Claims Fraud
Allstate On Using AI To Fight Insurance Claims Fraud
April 21, 2020  |  Fraud Prevention

Cybersecurity experts are scrambling to fight the sheer number of different digital fraud forms that are on the rise, and the ongoing COVID-19 pandemic has...

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Today In Payments: Shake Shack To Give Back $10M PPP Funds; Uber Expands Delivery Options
Today In Payments: Shake Shack To Give Back $10M PPP Funds; Uber Expands Delivery Options
April 20, 2020  |  News

In today’s top news, Shake Shack said it would return the $10 million Paycheck Protection Program (PPP) loan from the government, and Uber expanded its...

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Mobile Order-Ahead Takes On Account Takeovers
Mobile Order-Ahead Takes On Account Takeovers
April 20, 2020  |  Security & Fraud

Can you put a price tag on a pandemic? There’s no shortage of figures (most of them bad) trying to tally up the damage. But...

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Deep Dive: How Automation Helps Thwart Internal and External AP Fraud
Deep Dive: How Automation Helps Thwart Internal and External AP Fraud
April 20, 2020  |  Next-Gen AP Automation

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