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.

Finding Payments’ 2020 Hidden Value Today
Finding Payments’ 2020 Hidden Value Today
November 07, 2019  |  Payments Innovation

One of the themes of the coming decade — we’ve sprung for a top-shelf crystal ball here at PYMNTS, so we can state such things...

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Inside Affirm’s ID Verification And Fraud Prevention Techniques
Inside Affirm’s ID Verification And Fraud Prevention Techniques
November 06, 2019  |  Authentication

Stringent ID verification is crucial for online lenders to prevent fraudsters from using stolen identities to rip them off. This means lenders must utilize hard-to-falsify...

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When Being Proactive Creates Fraud Blind Spots
When Being Proactive Creates Fraud Blind Spots
November 06, 2019  |  Security & Fraud

When it comes to fighting fraud, it’s not really what you know – not exactly, at least. It’s what you don’t know, and how you...

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Bitcoin Daily: UK Tax Agency Defines Crypto As Commodities; Crypto Exchange Bittrex Sued For SIM Card Bitcoin Theft
Bitcoin Daily: UK Tax Agency Defines Crypto As Commodities; Crypto Exchange Bittrex Sued For SIM...
November 05, 2019  |  Bitcoin

The U.K.’s tax authority has released cryptocurrency tax guidance for businesses, revealing that crypto assets will still be defined as commodities. That means that companies...

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Why Friendly Fraud Is Anything But Friendly
Why Friendly Fraud Is Anything But Friendly
November 05, 2019  |  Fraud Prevention

While there is little good to be said about criminal fraudsters who plague merchants by stealing credentials to snag goods with absolutely no intention of...

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The Science Behind Affirm’s Identity Data Play
The Science Behind Affirm’s Identity Data Play
November 05, 2019  |  Authentication

Digital identities are gaining popularity across industries as businesses, services and other operations increasingly move online. Consumers are normalizing the use of digital identifiers, such...

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Why Online Retail Fraud Is On the Rise
Why Online Retail Fraud Is On the Rise
November 04, 2019  |  Security & Fraud

Amazon has struggled with preventing counterfeit goods from infiltrating its marketplace. In the company’s ongoing efforts to prevent fraud on its site, Amazon announced a new program,...

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UK Election Puts Big Tech Digital Tax On Hold
UK Election Puts Big Tech Digital Tax On Hold
November 04, 2019  |  Regulation

A silver lining looms for Big Tech in the chaos that is Brexit. Get the Full Story Complete the form to unlock this article and...

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UK Regulators Want First-Time Payments Delay To Avert Fraudsters
UK Regulators Want First-Time Payments Delay To Avert Fraudsters
November 01, 2019  |  Bank Regulation

U.K. legislators are calling for a mandatory 24-hour waiting period on all first-time payments between bank accounts as a way to reduce fraud, Reuters reported...

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