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.

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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Kount Launches Solution To Protect Businesses From Friendly Fraud
Kount Launches Solution To Protect Businesses From Friendly Fraud
October 28, 2019  |  Security & Fraud

Digital fraud prevention company Kount is rolling out a complete solution to protect companies from criminal and friendly fraud, the firm announced in a press...

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How FanFood Brings Mobile Ordering To Sports And Concerts
How FanFood Brings Mobile Ordering To Sports And Concerts
October 28, 2019  |  Mobile Order Ahead

Sports arenas are embracing mobile ordering to help consumers skip long concession lines, and avoid missing out on the action. Yet, offering mobile ordering isn't...

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Jumio’s New AI Tool Verifies Identity In Real Time
Jumio’s New AI Tool Verifies Identity In Real Time
October 28, 2019  |  Security & Fraud

Jumio has announced the beta release of Jumio Go, the company’s first real-time, fully automated identity verification solution. Get the Full Story Complete the form...

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SMBs Struggle Amid MyPayrollHR Fraud Inquiry
SMBs Struggle Amid MyPayrollHR Fraud Inquiry
October 24, 2019  |  B2B Payments

The closure of New York-based payroll processing firm MyPayrollHR left some 8,000 people and about 400 companies without their paychecks. Get the Full Story Complete...

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Flight Attendants Charged With Money Laundering In Miami
Flight Attendants Charged With Money Laundering In Miami
October 23, 2019  |  Security & Fraud

Four flight attendants for American Airlines were arrested and charged with money laundering after police seized $22,671 between them at Miami International Airport on Monday...

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FTC Settles With Sunday Riley Over Fake Sephora Reviews
FTC Settles With Sunday Riley Over Fake Sephora Reviews
October 22, 2019  |  Retail

Sunday Riley has settled with the FTC over an accusation that it posted fake customer reviews on the Sephora site. Get the Full Story Complete...

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Bitcoin’s Murky Trail Across Dark Web Gets Some Light
Bitcoin’s Murky Trail Across Dark Web Gets Some Light
October 18, 2019  |  Cryptocurrency

Proponents of cryptos tout anonymity, the fact that digital coin transactions are hard to trace, and that blockchain allows for transactions to occur pretty much...

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FATF Warns Crypto Could Hamper AML Efforts
FATF Warns Crypto Could Hamper AML Efforts
October 18, 2019  |  Cryptocurrency

The Financial Action Task Force (FATF) said it is worried about “stablecoins,” like Facebook’s Libra, and how they could be used for illicit purposes. Get...

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