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.

Why Bank Security Is About More Than Preventing Attacks
Why Bank Security Is About More Than Preventing Attacks
October 12, 2018  |  Security & Fraud

Nick Shevelyov, chief security officer at Silicon Valley Bank, says FIs can no longer expect, or hope, to stop every incoming cyberattack — and using...

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Why Faster Payments Don’t Have To Mean Faster Fraud
Why Faster Payments Don’t Have To Mean Faster Fraud
October 12, 2018  |  Security & Fraud

For all the buzz about the advent of real-time payments, and the various opportunities it can reportedly unlock, the lingering uneasiness is that speed also brings the potential for more fraud....

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Newsweek Parent Co Defrauds Lenders In $10M Scheme
Newsweek Parent Co Defrauds Lenders In $10M Scheme
October 11, 2018  |  Legal

Newsweek’s former parent company has been charged with defrauding lenders out of millions of dollars in order to help the media organization stay in business....

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PSCU CEO: The Quiet Power Of Credit Unions’ 100M-Member Network
PSCU CEO: The Quiet Power Of Credit Unions’ 100M-Member Network
October 11, 2018  |  Credit Unions

Credit unions can be easy to overlook and underestimate — individually, they generally don’t have a massive amount of assets, their membership bases are often...

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AscendantFX Makes The Case For Wire Transfer
AscendantFX Makes The Case For Wire Transfer
October 10, 2018  |  B2B Payments

In the battle of the payment rails, a few technologies tend to dominate the conversation. When it comes to business-to-business (B2B) transactions, paper checks are...

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Today In Data: Writing New Rules For New Risks
Today In Data: Writing New Rules For New Risks
October 09, 2018  |  Today In Data

The world is a rapidly changing place for payments – consumer payments, B2B payments, cross-border payments. We are very much not in Kansas anymore when it...

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Data Dive, Columbus Edition: Square, PayPal And One Brave Bank Teller
Data Dive, Columbus Edition: Square, PayPal And One Brave Bank Teller
October 08, 2018  |  Data Dive

Today is Columbus Day, a celebration of Christopher Columbus’ “discovery” of Americas 526 years ago. The “discovery” is in quotes for three reasons. First, Christopher...

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CFTC Ups Crypto Regulation In 2018
CFTC Ups Crypto Regulation In 2018
October 08, 2018  |  Regulation

The Commodity Futures Trading Commission (CFTC) reported an increase in enforcement actions in the last fiscal year, partly due to a rise in cryptocurrency cases...

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NEW DATA: 40 Percent Of  Consumers Think Online Security Can Be Better, Faster
NEW DATA: 40 Percent Of Consumers Think Online Security Can Be Better, Faster
October 08, 2018  |  Authentication

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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