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.

Bitcoin Daily: AU Police Charge Five In Crypto Cold-Calling Scam; EZ365 To Launch Blockchain Ecosystem For Crypto Trading And Betting

Bitcoin Daily: AU Police Charge Five In Crypto Cold-Calling Scam; EZ365 To Launch Blockchain Ecosystem For Crypto Trading And Betting
Bitcoin Daily: AU Police Charge Five In Crypto Cold-Calling Scam; EZ365 To Launch Blockchain Ecosystem...
August 08, 2019  |  Bitcoin

Authorities in Australia have charged five individuals in connection with a digital currency investment scheme, which reportedly bilked victims out of $2.7 million, TheNextWeb reported....

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Fighting Fraud With Identity Verification In The Sharing Economy
Fighting Fraud With Identity Verification In The Sharing Economy
August 08, 2019  |  Today In Data

The verification and authentication processes of many sharing economy platforms are poorly equipped to combat the growing risk of fraud. In technology news, smartwatches and wearables are among the...

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Deep Dive: Securing Digital Identities Without Relying On Passwords
Deep Dive: Securing Digital Identities Without Relying On Passwords
August 08, 2019  |  Authentication

Digital identification continues to make immense strides in implementation and uptake in the world’s economy, but it is not without vulnerabilities. More than 4.5 billion...

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As SCA Deadline Looms, Merchants Scramble
As SCA Deadline Looms, Merchants Scramble
August 08, 2019  |  Regulation

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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REPORT: What Sharing Economy Platforms Don’t Get About Digital ID
REPORT: What Sharing Economy Platforms Don’t Get About Digital ID
August 07, 2019  |  Security & Fraud

Sharing economy platforms have permeated every aspect of consumers’ lives. Some 60.1 million Americans hitch rides through ridesharing offerings like Uber or Lyft, for example,...

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How Tech Takes The P-Card Into The Digital Age
How Tech Takes The P-Card Into The Digital Age
August 05, 2019  |  B2B Payments

The corporate purchasing card (p-card) has been a tool in-use for years, allowing employees to make purchases on behalf of businesses without having to trudge...

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FinCEN: BEC Scams Tried to Siphon $9B Since 2016
FinCEN: BEC Scams Tried to Siphon $9B Since 2016
August 05, 2019  |  B2B Payments

BEC is gaining steam, accounting for billions of dollars in attempted (and successful) thefts across all manner of industries, FinCEN finds. Separately, in Lodi City, California,...

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What Check Fraud Can Teach Banks About Preparing For The Instant Payments Future
What Check Fraud Can Teach Banks About Preparing For The Instant Payments Future
August 05, 2019  |  Security & Fraud

If there was a handbook for how to become a successful fraudster, the first sentence of the first chapter would go something like this: “Go...

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KYB, Shell Companies And Pot Payments Gone Rogue
KYB, Shell Companies And Pot Payments Gone Rogue
August 05, 2019  |  Security & Fraud

Fraud comes in many flavors, and a payments-related lawsuit arising from the growing business of legal, recreational marijuana is proof of that point. Get the...

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