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.

Video App Snaptube Charges For Fake Purchases, Runs Invisible Ads
Video App Snaptube Charges For Fake Purchases, Runs Invisible Ads
October 17, 2019  |  Security & Fraud

An Android video app called Snaptube has been taking unauthorized premium purchases from its users and generating fraudulent ad clicks. Get the Full Story Complete...

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AML Compliance Controls Can Be Costly
AML Compliance Controls Can Be Costly
October 16, 2019  |  Digital Banking

Recent scandals involving Deutsche Bank and Swedbank have made consumers reconsider their trust in financial institutions, many of which are scrambling to keep fraudsters out...

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Bringing Autonomous Smart Shuttles To the Masses
Bringing Autonomous Smart Shuttles To the Masses
October 16, 2019  |  Intelligence of Things

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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White-Hat Hacker Swipes 26M Stolen Credit Cards From Dark Web
White-Hat Hacker Swipes 26M Stolen Credit Cards From Dark Web
October 15, 2019  |  Security & Fraud

Data from more than 26 million credit and debit cards was stolen from BriansClub, an underground marketplace for stolen credit card information, KrebsOnSecurity reported Tuesday...

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How Platform Economy Innovators Aim To Reduce eCommerce Friction
How Platform Economy Innovators Aim To Reduce eCommerce Friction
October 15, 2019  |  Retail

In the platform economy, marketplaces and their partners want to satisfy shoppers who are comfortable with eCommerce and expect seamless payments experiences. The last thing...

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REPORT: How Subscription Merchants Can Avoid The SCA Conversion Cliff
REPORT: How Subscription Merchants Can Avoid The SCA Conversion Cliff
October 15, 2019  |  Subscription Commerce

Subscriptions are not just for magazines anymore. The business model has grown well beyond streaming services like Netflix to encompass an ever-expanding variety of services...

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Deep Dive: How Banks Are Innovating AML Strategies In The Face of Global Fraud
Deep Dive: How Banks Are Innovating AML Strategies In The Face of Global Fraud
October 14, 2019  |  Digital Banking

Money laundering and similar forms of fraud have become more concerning for FIs as reports of cybercrime circulate globally. Between $800 billion and $2 trillion...

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Is Self-Checkout Catnip For Criminals?
Is Self-Checkout Catnip For Criminals?
October 11, 2019  |  Security & Fraud

Great news for innovative retailers. Less so for cashiers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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For Commercial Cards, Mixing Rails A Promising Path To Adoption
For Commercial Cards, Mixing Rails A Promising Path To Adoption
October 11, 2019  |  B2B Payments

Commercial card acceptance remains one of the largest barriers to the adoption of cards in accounts payable, largely thanks to suppliers’ reluctance to absorb interchange...

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