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.

Personalization Decides Which Card Wins … and Which Gets Rotated Out
Personalization Decides Which Card Wins … and Which Gets Rotated Out
September 02, 2025  |  Loyalty & Rewards

In the high-stakes contest for consumer loyalty, rewards are no longer just perks; they are the battlefield. The PYMNTS Intelligence report “Locking in Loyalty: Securing...

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CISA, FBI, NSA Warn on China’s Spy Network
CISA, FBI, NSA Warn on China’s Spy Network
September 01, 2025  |  Cybersecurity

A group of intelligence agencies is warning about the rise of China’s “global espionage systems.” The warning came from agencies that include the Cybersecurity and...

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Fraud Is 31x More Likely on Checks Than Real-Time Payments
Fraud Is 31x More Likely on Checks Than Real-Time Payments
August 29, 2025  |  Real-Time Payments

Banks say they fear fraud on real-time payment rails. The numbers say they shouldn’t. The August 2025 report, “Fact vs. Fiction in Real-Time Payments Fraud,”...

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Lenders Fight Fraud and Find Borrowers With Alternative Data
Lenders Fight Fraud and Find Borrowers With Alternative Data
August 28, 2025  |  Loans

Watch more: Concora Credit Exec on Giving Credit Infrastructure a Data-Driven Overhaul When federal agencies dial back funding for statistical programs, or when traditional credit...

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FCA Cautions Against Rise of Impersonation Scams
FCA Cautions Against Rise of Impersonation Scams
August 27, 2025  |  Fraud Prevention

England’s financial watchdog wants residents to be wary of fraudsters impersonating the agency. The Financial Conduct Authority (FCA) said Wednesday (Aug. 27) that it had...

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Open Banking Shaken by Market-Regulation Clash
Open Banking Shaken by Market-Regulation Clash
August 25, 2025  |  Legal & Regulation

Open banking in the United States is in flux, characterized by fragmented private efforts and escalating bank-FinTech tension, while Europe evolves under regulation-driven market frameworks....

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i2c Urges Banks to Use Caution When Adding AI to Playbooks
i2c Urges Banks to Use Caution When Adding AI to Playbooks
August 25, 2025  |  Data & Research

Watch more: Fueling Payments Innovation with Traditional and Alternative Data Power In the payments industry, data isn’t just a tool; it’s the bloodstream of operations....

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Small Banks Brace for Big Bills in Open Banking Reset
Small Banks Brace for Big Bills in Open Banking Reset
August 22, 2025  |  Bank Regulation

With the Consumer Financial Protection Bureau reopening its open banking rule under Section 1033, the central questions over who pays for what data and how...

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Mastercard, Alloy Join Forces to Fight Fraud
Mastercard, Alloy Join Forces to Fight Fraud
August 20, 2025  |  Partnerships

Mastercard launched a partnership with identity and fraud prevention platform provider Alloy. The collaboration will see the companies develop a solution for banks and FinTechs...

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