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.

PwC Probe Uncovers $7.4B Steinhoff Accounting Fraud
PwC Probe Uncovers $7.4B Steinhoff Accounting Fraud
March 18, 2019  |  B2B Payments

According to Reuters, in what the publication described as the largest corporate scandal in South Africa, corporate auditing firm PwC has uncovered a $7.4 billion accounting...

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Bitcoin Daily: Bitcoin Trading Tops $11B; Infected Chrome App Steals Crypto
Bitcoin Daily: Bitcoin Trading Tops $11B; Infected Chrome App Steals Crypto
March 17, 2019  |  Bitcoin

Daily trading volume for bitcoin topped $11 billion on Friday (March 15) — its highest point in almost one year. Get the Full Story Complete...

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What Is The Perfect Payments Experience?
What Is The Perfect Payments Experience?
March 15, 2019  |  Payment Methods

Here’s an exercise that may come off as too academic – like a debate over how many angels fit on a pinhead – but is really...

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Wirecard: Internal Investigation Clears Accounting Manager
Wirecard: Internal Investigation Clears Accounting Manager
March 14, 2019  |  Security & Fraud

Wirecard, a German payments company, said an internal investigation has cleared its Asia-Pacific accounting manager who was accused of faking transactions to boost revenue numbers....

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Senators Seek Stronger SEC Clawbacks In Financial Crimes
Senators Seek Stronger SEC Clawbacks In Financial Crimes
March 14, 2019  |  Legal

Legislation is bowing in Congress from a pair of U.S. senators that would broaden the ability of the Securities and Exchange Commission (SEC) to recover...

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Trade Disputes, Fraud Aren’t Treasurers Biggest Concerns
Trade Disputes, Fraud Aren’t Treasurers Biggest Concerns
March 14, 2019  |  B2B Payments

Corporate treasurers are increasingly concerned about a complex regulatory environment, according to the latest analysis from Strategic Treasurer and TD Bank. Get the Full Story...

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Citi: Global Payments In Crosshairs Of Treasurers’ Biggest Challenges
Citi: Global Payments In Crosshairs Of Treasurers’ Biggest Challenges
March 14, 2019  |  B2B Payments

Volatile times make for sleepless nights for corporate executives, particularly those whose job it is to manage the cash positions of their organizations. For corporate...

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India Lender Warns Of WhatsApp Scam That Steals Bank Details
India Lender Warns Of WhatsApp Scam That Steals Bank Details
March 13, 2019  |  Security & Fraud

State Bank of India (SBI), the country’s biggest lender, has issued a warning that account holders are being tricked into offering up personal banking details....

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The Evolution Of Digital Banking Security
The Evolution Of Digital Banking Security
March 13, 2019  |  Today In Data

Digital banking customers are looking for an institution that can keep their data safe, with security mishaps creating the possibility that they can move to other apps....

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