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 AI Helps FIs Fight False Chargebacks

Deep Dive: How AI Helps FIs Fight False Chargebacks
Deep Dive: How AI Helps FIs Fight False Chargebacks
September 14, 2020  |  Fraud Prevention

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Grab Fined For Privacy Breach For The Fourth Time
Grab Fined For Privacy Breach For The Fourth Time
September 13, 2020  |  Cybersecurity

GrabCar, a unit of Grab Holdings, a Singapore-based ridesharing company, has been issued a $10,000 Singapore dollar ($7,311) fine for a personal data breach, Bloomberg...

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Philippines Investigates 57 Potential Participants In Wirecard Scandal
Philippines Investigates 57 Potential Participants In Wirecard Scandal
September 11, 2020  |  Cybersecurity

Fifty-seven local and international “persons of interest” who possibly participated in the Wirecard AG scandal are subjects of a probe by government officials in the...

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Deep Dive: Securing The Growth Of CNP Debit
Deep Dive: Securing The Growth Of CNP Debit
September 11, 2020  |  Next-Gen Debit

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How The Supplier Guides The Accounts Payable Evolution
How The Supplier Guides The Accounts Payable Evolution
September 11, 2020  |  B2B Payments

In a pre-COVID environment, accounts payable (AP) departments had three major struggles, according to Nasser Chanda, CEO of Paymerang. Get the Full Story Complete the...

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How Data Analysis And Communication Get To The Bottom Of Chargeback Claims
How Data Analysis And Communication Get To The Bottom Of Chargeback Claims
September 11, 2020  |  Fraud Prevention

Chargeback options are meant to protect consumers, but shoppers also sometimes file claims over purchases they simply don’t recall or don’t want to pay for....

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DOJ: 57 People Charged With Alleged PPP Fraud As Of May
DOJ: 57 People Charged With Alleged PPP Fraud As Of May
September 10, 2020  |  Cybersecurity

Fifty-seven people have been charged by the U.S. Department of Justice (DOJ) as of May for attempting to misappropriate over $175 million from the Paycheck...

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Report: JPMorgan Staffers Fired Over Relief Fund Thefts
Report: JPMorgan Staffers Fired Over Relief Fund Thefts
September 10, 2020  |  Cybersecurity

One day after JPMorgan Chase & Co. CEO Jamie Dimon threatened to take action against employees who stole COVID-19 relief funds, several workers have reportedly been fired....

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