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.

How QSRs Balance Security With A Great Order-Ahead Experience
How QSRs Balance Security With A Great Order-Ahead Experience
May 31, 2019  |  Mobile Order Ahead

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

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Making Sense Of The New Omnichannel Experience
Making Sense Of The New Omnichannel Experience
May 30, 2019  |  Omnicommerce

As far as buzzwords go, one must tip their hat to the enduring power of “omnichannel.” Get the Full Story Complete the form to unlock...

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UK Banks Create Money Pool To Refund Fraud Victims
UK Banks Create Money Pool To Refund Fraud Victims
May 29, 2019  |  B2B Payments

A group of U.K. financial institutions are signing a voluntary code to refund consumer and small business victims for fraud schemes, the BBC reported on...

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Indictment Names Major Banks In Cum-Ex Case
Indictment Names Major Banks In Cum-Ex Case
May 28, 2019  |  Security & Fraud

A German investigation of Cum-Ex tax deals involves as much as 447.5 million euros ($500 million) lost to the government centers around two London bankers...

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Visa CyberSource: AI’s Role Is To ‘Predict’ — Not To ‘Know’
Visa CyberSource: AI’s Role Is To ‘Predict’ — Not To ‘Know’
May 28, 2019  |  VISA

Marvin Minsky, cognitive scientist and co-founder of MIT’s AI lab, said decades ago that computers can only do what we tell them to do.  Scott...

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Criminals Use Universal Credit System To Defraud Families
Criminals Use Universal Credit System To Defraud Families
May 27, 2019  |  Security & Fraud

Fraudsters are using the universal credit (UC) benefits system to defraud U.K. families, leaving them without any money. Get the Full Story Complete the form...

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Crypto Diamonds Are For … Never(?)
Crypto Diamonds Are For … Never(?)
May 24, 2019  |  Security & Fraud

Charles Ponzi built his eponymous schemes on the promise of profits tied to postage stamps. But ours is a decidedly high-tech world, where fortunes are...

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Travel Managers Battle Growing Fraud Threats
Travel Managers Battle Growing Fraud Threats
May 24, 2019  |  B2B Payments

Travel managers are battling against card skimming and other types of fraud — and the instances of fraud are on the rise, according to a...

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Can IoT Developers, Lawmakers Ever See Eye To Eye?
Can IoT Developers, Lawmakers Ever See Eye To Eye?
May 24, 2019  |  Intelligence of Things

Intelligence of Things (IoT) devices are continuing to gain popularity. By some estimates, more than 14 billion devices are expected to be in use by...

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