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.

Patisserie Valerie Fallout Continues With Late Supplier Payments
Patisserie Valerie Fallout Continues With Late Supplier Payments
December 19, 2018  |  B2B Payments

The fallout from the alleged accounting scandal at U.K. café chain Patisserie Valerie continues, with the firm’s delayed payments to suppliers causing a stir. Get...

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UK Watchdog Takes Heat Over Lloyds’ SMB Compensation Plan
UK Watchdog Takes Heat Over Lloyds’ SMB Compensation Plan
December 18, 2018  |  B2B Payments

The U.K. Financial Conduct Authority (FCA) is facing renewed criticism, this time over its handling of the program set up by Lloyds Bank to compensate...

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Two-Thirds Of Patients Use Passwords For Healthcare Authentication: Why?
Two-Thirds Of Patients Use Passwords For Healthcare Authentication: Why?
December 18, 2018  |  Authentication

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Today In Data: The Challenges Of Finding And Protecting Value
Today In Data: The Challenges Of Finding And Protecting Value
December 17, 2018  |  Today In Data

In recent years, the payments and commerce ecosystem has been about the finding new value – and then finding ways to protect it. It’s why...

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EMVCo Updates Protocol To Prevent CNP Fraud
EMVCo Updates Protocol To Prevent CNP Fraud
December 17, 2018  |  Security & Fraud

EMVCo, the global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions,  announced late last week that it published the EMV 3-D...

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UK Reg Tackles Authorized Push Payment Fraud
UK Reg Tackles Authorized Push Payment Fraud
December 14, 2018  |  Regulation

In an effort to help authorized push payment (APP) fraud victims, The U.K.’s Financial Conduct Authority (FCA) unveiled new rules on Friday (Dec. 14). As...

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Vocalink: Freezing Mule Accounts With AML Tech
Vocalink: Freezing Mule Accounts With AML Tech
December 14, 2018  |  Security & Fraud

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AriseBank To Pay $2.3M Over ICO Violations
AriseBank To Pay $2.3M Over ICO Violations
December 13, 2018  |  Security & Fraud

AriseBank, a startup that ran afoul of regulators in the U.S. with its initial coin offering (ICO), agreed to pay $2.3 million, reported The Wall...

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How Smarter Payments Are Making The Gig Economy Safer
How Smarter Payments Are Making The Gig Economy Safer
December 13, 2018  |  Smarter Payments

Even as technologies and payments get smarter, some firms still employ less-than-smart practices. For example, in the freelance market, says Engage Technology Partners Chief Product...

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