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.

US Gov’t Sues Firms, Individuals For Fraudulent Robocalls
US Gov’t Sues Firms, Individuals For Fraudulent Robocalls
January 29, 2020  |  Security & Fraud

A lawsuit by the U.S. government is targeting five companies and three individuals accused of perpetuating hundreds of millions of fraudulent robocalls, according to Reuters....

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BMO On Taking A Digital-First Approach To Retail Banking
BMO On Taking A Digital-First Approach To Retail Banking
January 29, 2020  |  Digital Banking

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Digital Fraud Is An Inside Job
Digital Fraud Is An Inside Job
January 28, 2020  |  Fraud Prevention

Is there no end to the devious creativity of cybercrooks? If they’re not grabbing stolen credentials off the Dark Web then they’re neck-deep in buyer-seller...

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Top News In Payments: Grubhub CEO Open To Deals; Chinese Consumers Shut Wallets In Face Of Coronavirus
Top News In Payments: Grubhub CEO Open To Deals; Chinese Consumers Shut Wallets In Face...
January 27, 2020  |  News

In today’s top payments news, Grubhub’s CEO says he is open to a merger, although no offers have been made yet, and Shanghai Disney Resort...

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Restaurants Tap Into Mobile Order-Ahead Innovations
Restaurants Tap Into Mobile Order-Ahead Innovations
January 27, 2020  |  Today In Data

Consumers are using mobile order-ahead for additional purposes beyond ordering and payment, as they tap into apps to search for menu items and coupons. But fraudsters continue to...

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Deep Dive: Payment Service Providers Level Up KYC, AML Strategies
Deep Dive: Payment Service Providers Level Up KYC, AML Strategies
January 27, 2020  |  AML

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Wells Faces Continued Scrutiny After Scandals
Wells Faces Continued Scrutiny After Scandals
January 24, 2020  |  Bank Regulation

Wells Fargo’s woes, which began in earnest in 2016 when a scandal involving millions of fake accounts created to boost numbers came to light, are...

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Protecting eCommerce Merchants From Fraud
Protecting eCommerce Merchants From Fraud
January 24, 2020  |  Today In Data

Merchants have to participate in eCommerce if they want to maintain relevancy in today’s economy, but their engagement in online transactions also exposes them to new forms...

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Worldpay On Staying One Step Ahead of eCommerce Fraud
Worldpay On Staying One Step Ahead of eCommerce Fraud
January 24, 2020  |  AML

The world of eCommerce fraud changes so unpredictably that merchants often struggle to defend against all possible lines of attack — rendering old-school tactics like...

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