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.

Payments Fraud Rides Money Mules Into 2019

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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What Lies Beneath: FIs’ Biggest Cyberthreat
What Lies Beneath: FIs’ Biggest Cyberthreat
January 03, 2019  |  Fraud Prevention

Well, let’s start with the bad news first, even at the risk of robbing some of the joy and optimism that comes with the new...

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Hackers Cull Nearly $900K In 2018 Crypto Bug Bounties
Hackers Cull Nearly $900K In 2018 Crypto Bug Bounties
January 02, 2019  |  Security & Fraud

New data shows that blockchain companies awarded $878,504 in bug bounties to hackers in 2018. Get the Full Story Complete the form to unlock this...

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Modo CEO: 2018 Was The Year Of Utility
Modo CEO: 2018 Was The Year Of Utility
December 28, 2018  |  Commentary

Bruce Parker, founder and CEO of Modo, contributed the following piece as part of PYMNTS’ 2018 year-end eBook. Get the Full Story Complete the form...

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Why ‘Knowing More Up Front’ Means Knowing Credit Unions’ Digital Future
Why ‘Knowing More Up Front’ Means Knowing Credit Unions’ Digital Future
December 28, 2018  |  Credit Unions

It may come as no surprise to readers that, when asked about what influences the use of one payment method over another, credit union (CU)...

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Coinbase: Why It’s Time To Up Crypto’s Digital ID Game
Coinbase: Why It’s Time To Up Crypto’s Digital ID Game
December 27, 2018  |  Authentication

Amidst the growth in number of cyberattacks and security breaches, consumers are growing increasingly concerned over the security of their personal data and privacy. In response,...

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FBI Warns Of ‘Money Mule’ Fraud
FBI Warns Of ‘Money Mule’ Fraud
December 27, 2018  |  Security & Fraud

The Federal Bureau of Investigation (FBI) is warning about a new form of fraud that targets companies, schools and nonprofits around the United States. Get the...

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