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.

Wells’ ‘Cross-Selling’ Biz Draws $65M Fine
Wells’ ‘Cross-Selling’ Biz Draws $65M Fine
October 23, 2018  |  Regulation

The New York Attorney General announced that Wells Fargo & Company has agreed to pay a $65 million fine in connection with its “cross-sell” business...

READ MORE >
TRENDING: Dynamic Rules And Global Authentication
TRENDING: Dynamic Rules And Global Authentication
October 23, 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....

READ MORE >
Data Dive, Fall Chill Edition: Fraudsters, Sears And India’s Data Privacy Laws
Data Dive, Fall Chill Edition: Fraudsters, Sears And India’s Data Privacy Laws
October 22, 2018  |  Data Dive

L.A. fans traveling to Boston for the start of the World Series will want to pack — and possibly purchase for the first time —...

READ MORE >
CGI Elevates Fraud, Compliance Risk Mitigation For Banks
CGI Elevates Fraud, Compliance Risk Mitigation For Banks
October 22, 2018  |  B2B Payments

CGI has announced the launch of CGI HotScan360, an enhanced version of its industry leading HotScan solution. Get the Full Story Complete the form to...

READ MORE >
Australia Moves To Standardize eInvoicing
Australia Moves To Standardize eInvoicing
October 22, 2018  |  B2B Payments

Australia and New Zealand are planning to create trans-Tasman standards for electronic invoicing in an effort to save $30 billion over 10 years. Get the...

READ MORE >
Invoice Fraud Hits Microsoft?
Invoice Fraud Hits Microsoft?
October 19, 2018  |  B2B Payments

Invoice fraud — changing details so that money is routed to fraudsters’ bank accounts — may have hit Microsoft through one of its own employees. Elsewhere,...

READ MORE >
Citi, HSBC Join Bank Group In Global Trade Finance Effort
Citi, HSBC Join Bank Group In Global Trade Finance Effort
October 19, 2018  |  B2B Payments

Citi, HSBC and Banco Santander are among seven major global banks that are banding together to form a cross-border trade finance network, Reuters reported Thursday (Oct....

READ MORE >
To Fight Fake IDs And Online Fraud, Know Thy Enemy Better
To Fight Fake IDs And Online Fraud, Know Thy Enemy Better
October 19, 2018  |  Fraud Prevention

To really beat someone, or something, one must respect and understand that person or organization, even if they dislike or loathe them. That’s ancient wisdom...

READ MORE >