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.

Lloyds To Make Special £35K Payout To HBOS Fraud Victims

Lloyds To Make Special £35K Payout To HBOS Fraud Victims
Lloyds To Make Special £35K Payout To HBOS Fraud Victims
December 22, 2019  |  B2B Payments

To regain trust following an independent review that deemed its compensation plan to not be “fair and reasonable,” and which had to be redetermined, Lloyds...

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F5 Adds To Portfolio With $1B Shape Security Acquisition
F5 Adds To Portfolio With $1B Shape Security Acquisition
December 20, 2019  |  Partnerships

To add protection from targeted fraud, automated attacks and botnets to its portfolio of application services, F5 will acquire fraud and abuse prevention company Shape Security....

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Wawa Says Thousands Affected By Data Breach
Wawa Says Thousands Affected By Data Breach
December 20, 2019  |  Cybersecurity

Gas station and convenience store chain Wawa said it discovered a data breach in which thousands of customers’ debit and credit card information was stolen,...

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Top News In Payments: Facebook Is Developing Its Own OS; PayPal Acquires 70 Pct Stake In China’s GoPay
Top News In Payments: Facebook Is Developing Its Own OS; PayPal Acquires 70 Pct Stake...
December 20, 2019  |  News

In today’s top news, Facebook is developing its own operating system to increase its independence, and PayPal is acquiring a 70 percent stake in China’s...

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American Airlines And Citi Crack Down On Account Abuse
American Airlines And Citi Crack Down On Account Abuse
December 20, 2019  |  Loyalty & Rewards

Citi and American Airlines have cracked down on customers they say are abusing the airline’s rewards program, signing up for multiple accounts fraudulently just to...

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Digital Fraud And AI Battle To The Death
Digital Fraud And AI Battle To The Death
December 20, 2019  |  Fraud Prevention

All in all, cybercriminals had a pretty good year. In Q3 2019 alone they made off with cryptocurrency valued at almost $4.5 billion. More than...

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Mobile Order-Ahead Delivered The Goods In 2019
Mobile Order-Ahead Delivered The Goods In 2019
December 20, 2019  |  Mobile Order Ahead

“It was the best of times, it was the worst of times.” That famous literary opener could apply to the mobile order-ahead (MOA) space in...

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Priceline Uses AI To Stop Fraudsters In Their Tracks
Priceline Uses AI To Stop Fraudsters In Their Tracks
December 19, 2019  |  Fraud Prevention

The $755 billion online travel industry is a honeypot for bad actors looking to use stolen payment credentials to purchase vacation packages and resell them...

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