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.

LuLaRoe Founders Accused Of Hiding Millions From Creditors

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....

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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...

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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...

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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...

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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...

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Finexio Targets B2B Payments Compliance With Cass
Finexio Targets B2B Payments Compliance With Cass
January 07, 2019  |  B2B Payments

Smart B2B payments network Finexio announced a partnership with Cass Information Systems on financial exchange services. Get the Full Story Complete the form to unlock this...

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Payments Fraud Rides Money Mules Into 2019
Payments Fraud Rides Money Mules Into 2019
January 04, 2019  |  B2B Payments

Mule scams spur warnings from the FBI and other agencies headed into 2019. In the meantime, individual payments fraud cases in the U.S. show some...

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InfoSec CTO: How To Improve The Privacy IQ Of Smart Devices
InfoSec CTO: How To Improve The Privacy IQ Of Smart Devices
January 04, 2019  |  Security & Fraud

When it comes to the world of cybercrime touching the connected smart devices that consumers are increasingly using, it is easy to come across some...

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Study: Merchants To Lose $130B In Digital CNP Fraud
Study: Merchants To Lose $130B In Digital CNP Fraud
January 03, 2019  |  Retail

A new study has revealed that retailers will lose around $130 billion in digital CNP (Card-not-Present) fraud between 2018 and 2023. Get the Full Story...

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