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.

New Tool Allows UK Facebook Users To Report Ad Scams
New Tool Allows UK Facebook Users To Report Ad Scams
July 16, 2019  |  Security & Fraud

Facebook has launched a tool for U.K. users to report suspicious ads that they suspect of being scams. Get the Full Story Complete the form...

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Can AI Help Fix A Broken AML System?
Can AI Help Fix A Broken AML System?
July 16, 2019  |  Innovation

Criminals are not the only elements that can vex financial institutions when it comes to protecting against money laundering. False positives — instances of potential...

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Why Digital Platforms Will Be The Bridge To The Omnichannel Future 
Why Digital Platforms Will Be The Bridge To The Omnichannel Future 
July 16, 2019  |  Commerce

When people talk about omnichannel as a concept, they are usually referring to the classic retail use case: The customer buys something online and then...

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In Australia, Card (And Other Payments) Fraud Is Big Business
In Australia, Card (And Other Payments) Fraud Is Big Business
July 15, 2019  |  B2B Payments

Attacks on Australia’s government — including payments fraud — have been on the rise, scoring, cumulatively, tens of millions of dollars.  Elsewhere, individual cases of...

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Bitcoin Daily: Brazil Debuts Blockchain Solution For Gov’t Bids; BitFunder CEO Gets 14 Months For Crypto Fraud
Bitcoin Daily: Brazil Debuts Blockchain Solution For Gov’t Bids; BitFunder CEO Gets 14 Months For...
July 14, 2019  |  Cryptocurrency

The Brazilian state of Bahia has rolled out a blockchain application to monitor the public bidding process of contracts with the government, Cointelegraph reported. Design...

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Fighting Crypto’s $1.2B+ Fraud Problem
Fighting Crypto’s $1.2B+ Fraud Problem
July 12, 2019  |  AML

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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GIACT Systems Launches New Enhancement To Compliance Solution
GIACT Systems Launches New Enhancement To Compliance Solution
July 11, 2019  |  Security & Fraud

Identity verification solutions provider GIACT Systems has announced the launch of gOFAC Monitoring, a new Office of Foreign Assets Control (OFAC) compliance solution to eliminate...

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