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.

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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Analytics Co RELX Buys Anti-Fraud Startup Emailage For $480M
Analytics Co RELX Buys Anti-Fraud Startup Emailage For $480M
February 05, 2020  |  Partnerships / Acquisitions

RELX will acquire Arizona-based Emailage for $480 million in the former’s push to establish a footprint in the fraud prevention market, according to Financial Times...

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