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.

Faster Payments, Real-Time Payments And A Few Glitches

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...

READ MORE >
Why Context Makes Virtual Assistants Smart Digital Bankers
Why Context Makes Virtual Assistants Smart Digital Bankers
October 30, 2018  |  Digital Banking

AI and ML-powered services can help fight banking fraud. However, to layer the tech into viable solutions to assist customers with banking, robo-advisors need to...

READ MORE >
NEW DATA: Why One-Third Of Businesses Want Real-Time Payments
NEW DATA: Why One-Third Of Businesses Want Real-Time Payments
October 30, 2018  |  Faster Payments

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, Halloween Edition: Fines And Fraudsters
Data Dive, Halloween Edition: Fines And Fraudsters
October 29, 2018  |  Data Dive

There will be no shortage of ways to try to scare yourself through the first half of this week — scary movies, scary costumes, scary receipts for...

READ MORE >
SFO Chief Recuses Herself From Barclays Case
SFO Chief Recuses Herself From Barclays Case
October 29, 2018  |  B2B Payments

The new director of the Serious Fraud Office (SFO) has stepped down from the prosecution of four former Barclays bankers over potential conflicts of interest....

READ MORE >
Chinese Banks Embrace Facial Recognition To Fight Fraud
Chinese Banks Embrace Facial Recognition To Fight Fraud
October 29, 2018  |  Biometrics

Banks in China have embraced micro-expressions technology as they try to combat fraud earlier by studying the facial movements of customers. Get the Full Story...

READ MORE >
Mapping Fraud’s DNA
Mapping Fraud’s DNA
October 29, 2018  |  Fraud Prevention

Payments and commerce fraud has its own ecosystem, one that includes criminals, servers and other computing devices, IP addresses, compromised payment cards and stolen personal...

READ MORE >
Govt Eyes BEC, Govt Slammed By BEC
Govt Eyes BEC, Govt Slammed By BEC
October 26, 2018  |  Security & Fraud

  Even as the SEC wants companies to be vigilant about cybersecurity, BEC claims new victims, among them DC government officials.  Elsewhere, a trio of...

READ MORE >
Hong Kong’s New Faster Payment System Marred By Fraud Claims
Hong Kong’s New Faster Payment System Marred By Fraud Claims
October 26, 2018  |  B2B Payments

Hong Kong’s Faster Payments System (FSP) has only been live for a few weeks, but already it’s facing claims regarding allegations of fraudulent use. Get...

READ MORE >