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.

Reflecting On The UK’s Decade Of Faster Payments — And Fraud
Reflecting On The UK’s Decade Of Faster Payments — And Fraud
July 04, 2018  |  Faster Payments

From enabling new messaging capabilities in the U.S. to cross-border push payments for expats in Kuwait and Zimbabwe, access to faster payments tools is rapidly...

READ MORE >
Payday Loan Tycoon Charged With Bankruptcy Fraud
Payday Loan Tycoon Charged With Bankruptcy Fraud
July 03, 2018  |  Loans

After allegedly creating millions of fake debts and selling them to bill collectors, payday loan magnate Joel Tucker was indicted on federal charges. Tucker reportedly...

READ MORE >
PwC Charged $625.3M For Colonial Bank Fraud Scheme
PwC Charged $625.3M For Colonial Bank Fraud Scheme
July 03, 2018  |  Security & Fraud

Following a non-jury trial in March, a federal judge has said that PricewaterhouseCoopers LLP (PwC) must pay the Federal Deposit Insurance Corp. (FDIC) $625.3 million...

READ MORE >
Despite Regulation, ICOs Raise Nearly $12B Through May
Despite Regulation, ICOs Raise Nearly $12B Through May
July 02, 2018  |  Investments

Despite a regulation crackdown and other issues, investors have continued to fund cryptocurrency startups in 2018, with ICOs raising $11.8 billion this year through May....

READ MORE >
Two-Sided Markets Sizzle, Swipe Fees Fizzle And Exactis Leaks A Lot Of Data
Two-Sided Markets Sizzle, Swipe Fees Fizzle And Exactis Leaks A Lot Of Data
June 29, 2018  |  Sizzle/Fizzle

Fizzle of the Week: Exactis Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

READ MORE >
Investors Bolster Startups That Safeguard The Enterprise
Investors Bolster Startups That Safeguard The Enterprise
June 29, 2018  |  B2B Payments

 VC funding found its way across B2B verticals, from fraud prevention to leasing, and from U.S. shores to Malaysia. This week, funding is geared toward...

READ MORE >
Latin America Tries To Tackle Its Digital Security Problem
Latin America Tries To Tackle Its Digital Security Problem
June 28, 2018  |  Fraud Prevention

One of the recent cyberattacks against Latin American financial institutions, this one targeting Mexico’s central bank, resulted in the theft of a reported $15.2 million....

READ MORE >
Amid UK Payment Woes, Firms Face Fraud Risk
Amid UK Payment Woes, Firms Face Fraud Risk
June 27, 2018  |  B2B Payments

England gets its fair share of late payments coverage, with recent headlines tied to the fallout from Carillion’s collapse. The fact remains that some progress...

READ MORE >
Amid DDoS, No Smooth Sailing For Travel Firms
Amid DDoS, No Smooth Sailing For Travel Firms
June 26, 2018  |  Security & Fraud

Faster payments are smarter payments. Safer payments are smarter payments, too. However, though speed matters, so does safety. Get the Full Story Complete the form...

READ MORE >