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.

ATB Financial’s Front- And Back-End Data Analytics Initiatives
ATB Financial’s Front- And Back-End Data Analytics Initiatives
April 01, 2020  |  Digital-First Banking

Use and analysis of customer data has become key to enabling a personalized and omnichannel digital banking experience. But it’s easy to cross the line...

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Senate Federal CEO On Protecting Member Trust During Digital Overhauls
Senate Federal CEO On Protecting Member Trust During Digital Overhauls
April 01, 2020  |  Credit Unions

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Coronavirus Scams Trigger Surge In FTC Complaints
Coronavirus Scams Trigger Surge In FTC Complaints
March 31, 2020  |  Coronavirus

The Federal Trade Commission (FTC) reported in a press release that it has received over 7,800 complaints from consumers all relating to the coronavirus pandemic,...

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A Debit-Enabled Fix To In-Store Checkout Abandonment
A Debit-Enabled Fix To In-Store Checkout Abandonment
March 30, 2020  |  Next-Gen Debit

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Why Credit Unions’ ‘Mature Trust Model’ Matters For Members
Why Credit Unions’ ‘Mature Trust Model’ Matters For Members
March 30, 2020  |  Credit Unions

As COVID-19, the disease caused by the coronavirus, ravages the economy, and millions of Americans shelter in place to figure out their next financial moves...

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Today In Payments: Western Union Debuts Tool For Home Money Transfers; Target Pauses Curbside Pickup Plans
Today In Payments: Western Union Debuts Tool For Home Money Transfers; Target Pauses Curbside Pickup...
March 27, 2020  |  News

In today’s top news, Western Union is launching a new tool for people to send money from home over a voice or video call, and...

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Deep Dive: Why New Hacking Technology Has Made Application Fraud More Difficult To Fight
Deep Dive: Why New Hacking Technology Has Made Application Fraud More Difficult To Fight
March 27, 2020  |  Fraud Prevention

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Hackers Hit Cybersecurity Insurance Co Chubb
Hackers Hit Cybersecurity Insurance Co Chubb
March 26, 2020  |  Fraud Attack

Cybersecurity insurance company Chubb, which provides aid to companies affected by data breaches, has been hit by one itself, according to a report by TechCrunch....

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Fraud Decisioning And Friendly Friction
Fraud Decisioning And Friendly Friction
March 25, 2020  |  Security & Fraud

It is known that negative friction is bad, ruining customer experiences and leading to abandoned carts and all manner of dissatisfaction. Friendly friction, on the...

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