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.

Innovating the ATM Beyond Cash

Innovating the ATM Beyond Cash
Innovating the ATM Beyond Cash
May 27, 2020  |  Credit Unions

The COVID-19 pandemic is accelerating the pace of digital innovation across the financial sector, and credit unions (CUs) are no exception. Get the Full Story...

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How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel
How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel
May 27, 2020  |  Fraud Prevention

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

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WA Man Charged With Seeking $1.5M In PPP Loans For Fake Companies
WA Man Charged With Seeking $1.5M In PPP Loans For Fake Companies
May 25, 2020  |  Cybersecurity

A 35-year-old Washington State resident is charged with allegedly attempting to defraud the Paycheck Protection Program (PPP) by requesting loans for companies and employees that...

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Deploying A Multilayered Fraud Prevention System During The COVID-19 Pandemic
Deploying A Multilayered Fraud Prevention System During The COVID-19 Pandemic
May 22, 2020  |  Fraud Prevention

Financial crimes are increasing amid the COVID-19 pandemic, with fraudsters impersonating tax officials to steal personal data. Multi-faceted approaches are necessary, as simply using automated...

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FTC: Active Duty Troops 76 Pct More Likely To Report Identity Theft
FTC: Active Duty Troops 76 Pct More Likely To Report Identity Theft
May 21, 2020  |  Cybersecurity

Active-duty service members are 76 percent more likely to report identity theft than most people, according to data from the Federal Trade Commission (FTC). Get...

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How PNC Is Fighting Pandemic-Fueled Financial Crime
How PNC Is Fighting Pandemic-Fueled Financial Crime
May 21, 2020  |  Fraud Prevention

Financial crime is a never-ending concern for banks, credit unions (CUs) and other financial institutions (FIs), with trillions of dollars and untold terabytes of personal...

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Bitcoin Usage On The Dark Web Up 65 Pct YoY
Bitcoin Usage On The Dark Web Up 65 Pct YoY
May 20, 2020  |  Cybersecurity

The digital age, of course, has given rise to digital scams. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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