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: The Benefits And Challenges Of Real-Time Push Payments
Deep Dive: The Benefits And Challenges Of Real-Time Push Payments
September 26, 2019  |  Faster Payments

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

READ MORE >
How To Trust And Verify In The Platform Economy Age
How To Trust And Verify In The Platform Economy Age
September 25, 2019  |  Fraud Prevention

Not all friction is bad when it comes to payments.  As Stephen Ritter, CTO at Mitek, tells Karen Webster. The sharing economy presents easy and...

READ MORE >
Dr. Alexa? How Voice Assistants Can Cure Patient Billing’s Ills
Dr. Alexa? How Voice Assistants Can Cure Patient Billing’s Ills
September 25, 2019  |  Intelligence of Things

Fifth generation (5G) networks are slated to be in use around the world by 2020. These networks offer higher data processing, lower latencies and more...

READ MORE >
Top News In Payments: Amex To Debut Pay With Bank Transfer; Microsoft Rolls Out Dynamics 365 Commerce
Top News In Payments: Amex To Debut Pay With Bank Transfer; Microsoft Rolls Out Dynamics...
September 24, 2019  |  News

Today in the payments news roundup, American Express is rolling out a new Pay with Bank Transfer product to U.K. consumers. Also, Microsoft has launched...

READ MORE >
MyPayrollHR Founder Faces $70M Fraud Charge
MyPayrollHR Founder Faces $70M Fraud Charge
September 24, 2019  |  Security & Fraud

The CEO and founder of the New York payroll company MyPayrollHR was arrested and charged Monday (Sept. 23) in a $70 million bank fraud scheme...

READ MORE >
For AML, Three ‘I’s: Innovation, Interoperability … And Identity
For AML, Three ‘I’s: Innovation, Interoperability … And Identity
September 24, 2019  |  Security & Fraud

If the backbone of digital commerce is trust, here are a few vertebrae: innovation, interoperability and identity. Zac Cohen, general manager at Trulioo, tells Karen Webster...

READ MORE >
Apple’s iOS13 Said To Have Payment Security Issues
Apple’s iOS13 Said To Have Payment Security Issues
September 23, 2019  |  Security & Fraud

Two Apple iOS 13 users took to Reddit to share some payment security issues they faced when using the tech giant’s newest iteration of its...

READ MORE >
Oracle Offers AI Automation For AML Compliance
Oracle Offers AI Automation For AML Compliance
September 23, 2019  |  Security & Fraud

Financial crimes risk management software company Quantifind and Oracle Financial Services have teamed up to improve anti-money laundering (AML) compliance and to add intelligence and...

READ MORE >
FICO Launches Fraud-Fighting AI Tech
FICO Launches Fraud-Fighting AI Tech
September 23, 2019  |  Security & Fraud

Credit scoring and analytics company FICO is launching the FICO Falcon X and the FICO Financial Crimes Studio to help data scientists leverage artificial intelligence...

READ MORE >