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.

PSCU Prevented $277M In Credit Union Fraud Last Year
PSCU Prevented $277M In Credit Union Fraud Last Year
February 11, 2020  |  Credit Unions

PSCU has prevented over $277 million in would-be fraud last year, 30 percent more than in 2018. Get the Full Story Complete the form to unlock...

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Augmenting Trust With Technology In Global Trade Finance
Augmenting Trust With Technology In Global Trade Finance
February 11, 2020  |  B2B Payments

In cross-border trade, trust has historically been a critical part of the equation. Corporate buyers must trust that their suppliers will deliver what they promised....

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Today In Payments: Chinese Tech Investments In US Plummet; Ransomware Attacks Up 41 Pct In 2019
Today In Payments: Chinese Tech Investments In US Plummet; Ransomware Attacks Up 41 Pct In...
February 10, 2020  |  News

In today’s top news, Chinese tech investments in the U.S. have plummeted in recent years, and ransomware cyberattacks have skyrocketed. Also, Karen Webster compares Uber’s...

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DOJ Indicts Four Chinese Army Spies For Equifax Hack
DOJ Indicts Four Chinese Army Spies For Equifax Hack
February 10, 2020  |  Security & Fraud

Federal prosecutors charged four Chinese intelligence officers on Monday (Feb. 10) with the 2017 cyberattack on credit reporting giant Equifax, which was one of the...

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Deep Dive: Optimizing Subscriptions In The Sharing Economy
Deep Dive: Optimizing Subscriptions In The Sharing Economy
February 10, 2020  |  Subscription Commerce

The sharing economy has rapidly expanded in the U.S., but even the most popular innovations fall out of favor if they do not keep customers...

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MN Man Admits Helping MyPayrollHR With NY Fraud
MN Man Admits Helping MyPayrollHR With NY Fraud
February 09, 2020  |  B2B Payments

Luke Steiner, 31, of Minnesota pleaded guilty on Wednesday (Feb.5) to one charge of conspiracy to commit wire fraud, stating that he assisted New York-based...

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Crypto Fraud Scores More Than $4B In 2019
Crypto Fraud Scores More Than $4B In 2019
February 09, 2020  |  Cryptocurrency

The cost of crimes involving bitcoin and cryptocurrency hit $4.3 billion in 2019, according to Chainalysis and The Wall Street Journal, which was a bigger...

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How Patreon Overcame Its Subscription Struggles
How Patreon Overcame Its Subscription Struggles
February 07, 2020  |  Subscription Commerce

Complex payment plans and hidden processing fees on content sharing platforms can send subscribers looking for services elsewhere — something Patreon learned the hard way...

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After Subscription Stumbles, How Patreon Won Back Customer Trust
After Subscription Stumbles, How Patreon Won Back Customer Trust
February 06, 2020  |  Subscription Commerce

  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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