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.

Retail And The Long Fought Cybercrime Battle
Retail And The Long Fought Cybercrime Battle
November 13, 2018  |  Security & Fraud

Stopping cybercriminals takes more than just money — those funds must be directed at the right tools, technologies and techniques if retailers want to curb...

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Ripple, XRP Investors Lawsuit Heads To Federal Court
Ripple, XRP Investors Lawsuit Heads To Federal Court
November 12, 2018  |  Legal

Ripple, the cryptocurrency startup behind the XRP tokens, and its affiliated defendants have filed documents to move a consolidated class action lawsuit to federal court. According...

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PODCAST: Why Merchants Should Go ‘Auth Shopping’
PODCAST: Why Merchants Should Go ‘Auth Shopping’
November 12, 2018  |  Merchant Innovation

Decline rates are on the rise, reaching 30 percent of CNP transactions, depending on where one looks. Bruce Parker, CEO of ModoPayments, said that’s a...

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How Neiman Marcus Safeguards Purchases When Sales Surge
How Neiman Marcus Safeguards Purchases When Sales Surge
November 12, 2018  |  Security & Fraud

Cyberattacks targeting retailers have more than doubled in the last year, leading merchants to invest in AI and machine learning to protect customer data. While...

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B2B Startups Welcome Another Unicorn With TripActions Funding
B2B Startups Welcome Another Unicorn With TripActions Funding
November 09, 2018  |  B2B Payments

It was another busy week for B2B FinTech startups, with globally and vertically diverse companies securing new funding for their enterprise-targeting tools. The big news...

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AT&T, T-Mobile Sued Over Mobile Crypto Thefts
AT&T, T-Mobile Sued Over Mobile Crypto Thefts
November 09, 2018  |  Legal

Silver Miller — America’s leading cryptocurrency investor law firm — announced it has filed lawsuits against AT&T and T-Mobile on behalf of crypto asset holders who were...

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TRENDING: Neiman Marcus On Why AI Isn’t Enough To Outsmart Cybercriminals
TRENDING: Neiman Marcus On Why AI Isn’t Enough To Outsmart Cybercriminals
November 09, 2018  |  Security & Fraud

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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MoneyGram Settles With FTC For $125M
MoneyGram Settles With FTC For $125M
November 08, 2018  |  Security & Fraud

The Federal Trade Commission (FTC) said on Thursday (Nov. 8) that MoneyGram will pay $125 million in penalties after having violated a six-year-old settlement tied to...

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French Prosecutors Call For UBS To Pay 3.7B Euros For Tax Evasion
French Prosecutors Call For UBS To Pay 3.7B Euros For Tax Evasion
November 08, 2018  |  International

UBS, the Swiss bank, is facing calls from French prosecutors to pay a fine of 3.7 billion euros for what it contends is helping wealthy...

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