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.

Today In Data: New Solutions For Old Problems
Today In Data: New Solutions For Old Problems
January 17, 2019  |  Today In Data

Some problems are as old as time itself: managing cash flow as an SMB or consumer, or finding better ways to fight off fraudsters. Some...

READ MORE >
Signet Jewelers To Pay $11M After Creating Fake Accounts
Signet Jewelers To Pay $11M After Creating Fake Accounts
January 17, 2019  |  Retail

According to a settlement that was signed with a wholly owned subsidiary, Signet Jewelers Ltd. is to pay federal and state regulators penalties of $11 million for...

READ MORE >
UK Gov’t Taps Banking Heavyweights To Fight Money Laundering
UK Gov’t Taps Banking Heavyweights To Fight Money Laundering
January 14, 2019  |  Security & Fraud

Aiming to fight more financial crime, the U.K. government has recruited senior executives from Barclays, Lloyds Banking and Banco Santander. Get the Full Story Complete...

READ MORE >
In UK, Larger Firms Pay Suppliers Later
In UK, Larger Firms Pay Suppliers Later
January 14, 2019  |  B2B Payments

The late payments epidemic continues in the U.K., and larger firms take longer to pay. Separately, it’s no cakewalk for Patisserie Valerie to get suppliers paid...

READ MORE >
LuLaRoe Founders Accused Of Hiding Millions From Creditors
LuLaRoe Founders Accused Of Hiding Millions From Creditors
January 10, 2019  |  Legal

A multi-million dollar lawsuit is accusing the founders of LuLaRoe of hiding tens of millions of dollars in shell companies to avoid paying their creditors....

READ MORE >
How AP Can Tip The Scales In Favor Of Virtual Cards
How AP Can Tip The Scales In Favor Of Virtual Cards
January 10, 2019  |  B2B Payments

In the world of payments, rife with friction, there is no such thing as a silver bullet. Even when technologies come close to addressing multiple...

READ MORE >
Today In Data: Nothing Ventured, Nothing Gained
Today In Data: Nothing Ventured, Nothing Gained
January 09, 2019  |  Today In Data

Gambling isn’t new to payments and commerce players – every new idea is a gamble, in a sense – but creating instant payment schemes for...

READ MORE >
Faster Payments, Open Banking Should Keep Treasurers On High Alert
Faster Payments, Open Banking Should Keep Treasurers On High Alert
January 09, 2019  |  B2B Payments

While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to...

READ MORE >
Luxury Retail, Luxury Fraud: How Neiman Marcus Is Battling Fraudsters
Luxury Retail, Luxury Fraud: How Neiman Marcus Is Battling Fraudsters
January 09, 2019  |  Security & Fraud

Retailers are increasingly using new tools to differentiate between legit and fraudulent transactions. In the latest Digital Fraud Tracker, Neiman Marcus’ Chief Information Security Officer...

READ MORE >