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.

More Than Half of Retailers Now Use AI to Catch Fraudsters

More Than Half of Retailers Now Use AI to Catch Fraudsters
More Than Half of Retailers Now Use AI to Catch Fraudsters
October 29, 2025  |  Cybersecurity

The holiday season is the most lucrative and perilous time of the year for retailers. The PYMNTS Intelligence report “Securing the Season: Fighting Fraud Without...

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CFPB Revokes Rule Requiring Public Reporting of Non-Bank Enforcement Orders
CFPB Revokes Rule Requiring Public Reporting of Non-Bank Enforcement Orders
October 28, 2025  |  Legal & Regulation

The Consumer Financial Protection Bureau is set to rescind its Nonbank Registry Rule (NBR Rule) that requires nonbank financial companies that have broken consumer laws...

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i2c Says Complacency, Not Fraud, Is the Real Threat
i2c Says Complacency, Not Fraud, Is the Real Threat
October 28, 2025  |  Artificial Intelligence

Watch more: WNIP: i2C, Matthew Pearce The fraud landscape in payments is evolving faster than many financial institutions can adapt. For Matthew Pearce, vice president...

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Mastercard Debuts Threat Intelligence Solution for Issuers and Acquirers
Mastercard Debuts Threat Intelligence Solution for Issuers and Acquirers
October 27, 2025  |  Fraud Prevention

Mastercard has introduced a threat intelligence solution designed to help cybersecurity and fraud teams at issuing and acquiring banks combat payment fraud. The Mastercard Threat...

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HSBC Taps ValidiFi for Account Validation and Risk Detection
HSBC Taps ValidiFi for Account Validation and Risk Detection
October 27, 2025  |  Cybersecurity

Banking giant HSBC turned to ValidiFi and its account validation and risk detection solutions. These solutions will help improve the integrity of bank accounts used...

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Hackers Use AI to Supercharge Social Engineering Attacks
Hackers Use AI to Supercharge Social Engineering Attacks
October 24, 2025  |  Artificial Intelligence

Cybercriminals are using generative artificial intelligence and synthetic media tools to scale phishing, vishing and callback scams into high-volume, high-precision operations that are harder to...

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Authorized Push Payment Fraud Losses in UK Rise 12%
Authorized Push Payment Fraud Losses in UK Rise 12%
October 24, 2025  |  Fraud Prevention

Authorized push payment (APP) fraud drove an increase in losses to payment fraud and scams in the first half of the year in the United...

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Inside Visa’s $1 Billion AI Fraud Fight
Inside Visa’s $1 Billion AI Fraud Fight
October 23, 2025  |  Payment Methods

Watch more: Need to Know: Visa, Michael Jabbara Fraud is moving fast, and artificial intelligence is both the weapon and the shield. As scammers harness...

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