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.

How Spend Tech Helps Power Post-Disaster Reconstruction
How Spend Tech Helps Power Post-Disaster Reconstruction
March 03, 2020  |  Spend Management

Manual expense reports remain plagued with pain points for the employees and employers who must file them. It is thus unsurprising that 95 percent of...

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FTC Sends $2M In Payments To Fake Immigration Center’s Victims
FTC Sends $2M In Payments To Fake Immigration Center’s Victims
March 02, 2020  |  Security & Fraud

In response to fraud from the American Immigration Center, the Federal Trade Commission (FTC) is sending out refunds for those defrauded, according to a press...

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‘Shark Tank’ Judge Recoups $400K Lost In Phishing Scam
‘Shark Tank’ Judge Recoups $400K Lost In Phishing Scam
March 02, 2020  |  Security & Fraud

Barbara Corcoran, a judge on the popular TV show “Shark Tank,” said she is “thrilled” about getting back almost $400,000 that she lost during a...

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Credit Unions Doing Cyber-Battle
Credit Unions Doing Cyber-Battle
March 02, 2020  |  Security & Fraud

Comedy legend Groucho Marx is credited with the famous line, “I don’t want to belong to any club that would have me as a member.”...

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Mastercard: Using AI To Cure Healthcare’s $240B Fraud, Waste And Abuse Problem
Mastercard: Using AI To Cure Healthcare’s $240B Fraud, Waste And Abuse Problem
March 02, 2020  |  Fraud Prevention

Healthcare in the U.S. is a massive industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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AmEx Reportedly Used High-Pressure Tactics To Boost SMB Sales
AmEx Reportedly Used High-Pressure Tactics To Boost SMB Sales
March 01, 2020  |  SMBs

Small- to medium-sized businesses (SMBs) were duped by salespeople from American Express (AmEx) who reportedly misrepresented card rewards and fees in an effort to close...

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Latin America’s Dark, Crypto-Driven, Cybercrime Underbelly
Latin America’s Dark, Crypto-Driven, Cybercrime Underbelly
February 28, 2020  |  Security & Fraud

To get a sense of the new frontiers in cybercrime, and how cryptocurrency helps fraudsters cover their tracks or finance their schemes … look, perhaps,...

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Shark Tank Star Out $400K In Invoice Fraud Scam
Shark Tank Star Out $400K In Invoice Fraud Scam
February 27, 2020  |  B2B Payments

Invoice fraud scams continue to target businesses of all sizes and industries, with experts warning of a major spike in various iterations of business email...

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Today In Payments: US Firms In China Could Miss Projections By 50 Pct; Square Cash App Users Grow 60 Pct YOY
Today In Payments: US Firms In China Could Miss Projections By 50 Pct; Square Cash...
February 27, 2020  |  News

In today’s top payments news, U.S. companies in China warned annual revenue might be off by almost 50 percent due to the coronavirus, Square posted...

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