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.

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...

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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...

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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...

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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...

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How ButcherBox ‘Meats’ The Challenges Of Subscription Commerce
How ButcherBox ‘Meats’ The Challenges Of Subscription Commerce
September 23, 2019  |  Subscription Commerce

Americans are eager carnivores, with more than 54.3 billion pounds of beef and pork expected to be produced (and presumably consumed) this year alone. Meat...

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Banks’ Definitive B2B Payments Guide To Sibos
Banks’ Definitive B2B Payments Guide To Sibos
September 23, 2019  |  B2B Payments

Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business unit to another...

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Some Fraudsters Go Low-Tech To Grab Credit Card, Personal Data
Some Fraudsters Go Low-Tech To Grab Credit Card, Personal Data
September 23, 2019  |  B2B Payments

Paper checks, photocopies.  Fraudulent companies.  Banks and other firms may think payments fraud is all about BEC, but low-tech also has its place in the...

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Post-Data Breach, Ecuador Pushes For Stricter Privacy Laws
Post-Data Breach, Ecuador Pushes For Stricter Privacy Laws
September 22, 2019  |  Security & Fraud

Ecuador’s government has rushed a draft privacy law to Congress after the nation was hit with a massive data breach impacting more than 20 million...

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Reducing Uncertainty In Retail And Payments
Reducing Uncertainty In Retail And Payments
September 20, 2019  |  Today In Data

Brexit looms, and issues related to payments and commerce are still getting worked out – though some clarity is emerging. Meanwhile, there is new energy...

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