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.

Deep Dive: Smart Routing And Transaction Success Rates

Deep Dive: Smart Routing And Transaction Success Rates
Deep Dive: Smart Routing And Transaction Success Rates
July 20, 2020  |  Payments Innovation

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Bitcoin Daily: US DOJ Wants To Hire Crypto Lawyer To Fight Cybercrimes; Centra Tech Co-Founder Pleads In ICO Fraud Case
Bitcoin Daily: US DOJ Wants To Hire Crypto Lawyer To Fight Cybercrimes; Centra Tech Co-Founder...
July 20, 2020  |  Bitcoin

Sohrab Sharma, the third co-founder of Centra Tech, has pled guilty to an initial coin offering fraud, according to CoinDesk. Get the Full Story Complete...

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Fraud: Why Everything Old Is New Again
Fraud: Why Everything Old Is New Again
July 20, 2020  |  Cybersecurity

Fraudsters aren’t usually static. They’re often dynamic when on the hunt for new weaknesses to exploit, new targets to go after and new ways to...

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Wirecard Auditor Flagged KPMG Report, Saying It Needed ‘Context’
Wirecard Auditor Flagged KPMG Report, Saying It Needed ‘Context’
July 19, 2020  |  Cybersecurity

Wirecard AG’s accounting firm said an independent report failed to account for half of the German payment company’s  revenue and all its operating profit, the...

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Twitter Hack Of Kardashian, Obama And 130+ Other A-Listers Invites FBI Probe
Twitter Hack Of Kardashian, Obama And 130+ Other A-Listers Invites FBI Probe
July 17, 2020  |  Cybersecurity

The FBI is investigating the worst security breach in Twitter’s 14-year history, as hackers commandeered more than 100 high-profile accounts, The Wall Street Journal reported....

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New Report: How Alipay Fends Off The Fraudsters
New Report: How Alipay Fends Off The Fraudsters
July 17, 2020  |  AML

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Wirecard Exec Admits Role In German Company’s Collapse, Attorney Says
Wirecard Exec Admits Role In German Company’s Collapse, Attorney Says
July 16, 2020  |  Cybersecurity

One of the unnamed jailed executives in the Wirecard scandal has reportedly admitted guilt to the multi-billion-dollar fraud and money laundering case, according to Reuters....

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BaFin Downplayed Wirecard Complaints, Report Says
BaFin Downplayed Wirecard Complaints, Report Says
July 16, 2020  |  Cybersecurity

German market watchdog Federal Financial Supervisory Authority, or BaFin, has come under fire for its actions in the Wirecard scandal, as the regulator reportedly failed...

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