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.

PNC Bank Tests CNP Fraud Solution For Commercial Cards
PNC Bank Tests CNP Fraud Solution For Commercial Cards
November 08, 2018  |  B2B Payments

PNC Bank’s Treasury Management unit is testing a new solution to address card-not-present (CNP) fraud for commercial clients. The company said in a press release Wednesday...

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When Billionaires Break Bad: Living Large Through Outsized Accounting Scams
When Billionaires Break Bad: Living Large Through Outsized Accounting Scams
November 07, 2018  |  Security & Fraud

Even the very rich are sometimes tempted to steal. And often when they steal, they steal … big. Get the Full Story Complete the form...

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Why Real-Time Payments Need Real-Time Trust
Why Real-Time Payments Need Real-Time Trust
November 06, 2018  |  B2B Payments

It can be a moment of anxiety, worry and mistrust: that moment when a digital payment is sent into what was once called the ether....

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Why KYC Is As Critical For Political Ads As It Is For Payments Transactions
Why KYC Is As Critical For Political Ads As It Is For Payments Transactions
November 05, 2018  |  Facebook

There are only hours to go before the U.S. midterm elections. Much is at stake, but beyond who controls the House and Senate, social media...

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How Open Banking Will Test Banks’ Data Security Strategies
How Open Banking Will Test Banks’ Data Security Strategies
November 02, 2018  |  B2B Payments

Whether driven by regulation or market competition, the financial services sector in several jurisdictions is progressing toward open banking, interconnectivity and a freer flow of...

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Shell Companies Eyed In Fraud At Aegean Marine
Shell Companies Eyed In Fraud At Aegean Marine
November 02, 2018  |  B2B Payments

Payments fraud on the high seas, perhaps, as a global shipper may have been involved with fake transactions and shell companies. Elsewhere, ransomware gets a roadblock...

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Instant Onboarding: A Payments ‘Red Herring?’
Instant Onboarding: A Payments ‘Red Herring?’
November 02, 2018  |  Faster Payments

Instant onboarding — the ability for a merchant to complete a one-page digital application, then instantly process payments — has, more or less, been heralded as the best thing to happen in...

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Yooz Taps SnapCheck To Digitize Checks In Accounts Payable
Yooz Taps SnapCheck To Digitize Checks In Accounts Payable
November 01, 2018  |  B2B Payments

Invoicing and payments Software-as-a-Service company Yooz has struck a strategic partnership with SnapCheck to address the friction of companies paying suppliers by check. Get the Full...

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Faster Payments, Real-Time Payments And A Few Glitches
Faster Payments, Real-Time Payments And A Few Glitches
November 01, 2018  |  Faster Payments

Speed matters in payments, and as B2B moves away from checks, some recent infrastructure initiatives and announcements show traction in Europe and Asia.  However, as...

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