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.

FTC Refunding $2.6M To Companies Duped By A-1 Janitorial
FTC Refunding $2.6M To Companies Duped By A-1 Janitorial
December 17, 2019  |  Security & Fraud

The Federal Trade Commission (FTC) is refunding over $2.6 million to small businesses that were scammed by A-1 Janitorial, a New York-based office supply company,...

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BIS Looks For ‘Prudential’ Crypto Rules
BIS Looks For ‘Prudential’ Crypto Rules
December 17, 2019  |  Bank Regulation

The Basel Committee has said in a paper that a “prudential” regulatory framework should be constructed by stakeholders in a bid to address concerns over...

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Deep Dive: How The Challenger Bank Technology Gap Is Helping Fraudsters
Deep Dive: How The Challenger Bank Technology Gap Is Helping Fraudsters
December 17, 2019  |  Digital Banking

Fraudsters are approaching their less-than-ethical business models with healthy work ethics. Headlines are filled with reports of service outages and data breaches, and both banks...

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Caribou Coffee Spills The Beans On Customer Loyalty In The Mobile Age
Caribou Coffee Spills The Beans On Customer Loyalty In The Mobile Age
December 17, 2019  |  Mobile Order Ahead

Consumers’ preference for mobile order-ahead is now driving how physical restaurants are designed and renovated. Nowhere is this change more pronounced than in the coffee...

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Lawyers Demand Proof That QuadrigaCX Founder Is Really Dead
Lawyers Demand Proof That QuadrigaCX Founder Is Really Dead
December 16, 2019  |  Cryptocurrency

Perhaps call it “habeas corpus” of a different sort. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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AI Firm Breaches Facial Recognition At Airports, Stores
AI Firm Breaches Facial Recognition At Airports, Stores
December 16, 2019  |  Security & Fraud

Photos of faces and 3D masks have fooled facial recognition checkpoints at airports, as well as payment systems, but they can’t fool Apple’s Face ID...

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How N26 Is Changing Its Expansion Strategy, Competing For US Customers
How N26 Is Changing Its Expansion Strategy, Competing For US Customers
December 16, 2019  |  Digital Banking

Move fast and break the conventional mold is a strategy practically synonymous with challenger banks. But to gain traction in markets where established banks keep...

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How B2B Payments Balances Compliance With A Better User Experience
How B2B Payments Balances Compliance With A Better User Experience
December 16, 2019  |  B2B Payments

With the U.K. one of the largest FinTech hubs of the world today, initiatives like Open Banking demonstrate the opportunity for regulatory mandates to encourage...

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Holiday Season Brings Corporate Payments Fraud Spike
Holiday Season Brings Corporate Payments Fraud Spike
December 16, 2019  |  B2B Payments

’Tis the season for corporate fraud? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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