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.

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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Bitcoin Daily: BankLine Aids Crypto Banking, Belgium Issues Crypto Scam Warnings
Bitcoin Daily: BankLine Aids Crypto Banking, Belgium Issues Crypto Scam Warnings
November 01, 2019  |  Bitcoin

Miami-based BankLine has partnered with a variety of crypto-friendly financial institutions on banking and cash logistics services for the cryptocurrency industry. Get the Full Story...

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Deutsche Blew The Whistle On Its Own Russian Deal
Deutsche Blew The Whistle On Its Own Russian Deal
October 31, 2019  |  Security & Fraud

Deutsche Bank officials in the U.S. reported to federal regulators that it was concerned about a business deal with Russia, The New York Times reported...

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Building A More Trustworthy eCommerce Marketplace
Building A More Trustworthy eCommerce Marketplace
October 31, 2019  |  Fraud Prevention

The thrill of the hunt — and chance to snag a good deal — is what drives millennials to local marketplaces. In this month’s Digital...

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Why Slow Payments Aren’t Necessarily Safer Payments
Why Slow Payments Aren’t Necessarily Safer Payments
October 30, 2019  |  Faster Payments

As of late 2019, there are few people left who need to be talked into the “why” of instant payments — that case has already...

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Facebook Accuses Cybersecurity Firm Of Using WhatsApp In Malware Attack
Facebook Accuses Cybersecurity Firm Of Using WhatsApp In Malware Attack
October 29, 2019  |  Facebook

Facebook is filing a lawsuit against NSO Group, an Israeli cybersecurity company, alleging that it hacked WhatsApp users, according to CNBC. Get the Full Story...

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DataVisor Launches Partner Program To Help Fraud-Proof Larger Businesses
DataVisor Launches Partner Program To Help Fraud-Proof Larger Businesses
October 29, 2019  |  Security & Fraud

Cybersecurity and fraud protection company DataVisor, which uses artificial intelligence to help with fraud solutions, has launched a program called ExtenD, with the intention of...

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Why Data-Centric Means Member-Centric for CUs
Why Data-Centric Means Member-Centric for CUs
October 29, 2019  |  Credit Unions

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

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IDnow Lands $40M To Grow Online Identity Verification Service
IDnow Lands $40M To Grow Online Identity Verification Service
October 28, 2019  |  Investments

ID verification startup IDnow has received a $40 million growth equity investment from private equity group Corsair Capital, according to reports. Corsair focuses on industries...

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