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.

Fiserv’s Davie: Card Reissuance Post-Breach: Why Less Is More
Fiserv’s Davie: Card Reissuance Post-Breach: Why Less Is More
May 08, 2018  |  Security & Fraud

Only 5 to 10 percent of cards whose data is exposed in a breach end up getting used in fraudulent transactions, a Fiserv executive says...

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With Same-Day ACH, You’d Better Have Same-Day Fraud Detection
With Same-Day ACH, You’d Better Have Same-Day Fraud Detection
May 07, 2018  |  B2B Payments

Accelerating payments mean financial institutions have less time to identify fraud before a transaction clears and settles. With Same-Day ACH now a reality in the...

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Can FinTech Walk The FinTalk?
Can FinTech Walk The FinTalk?
April 30, 2018  |  Payments Innovation

Benjamin Franklin is best remembered as a signer of the Declaration of Independence in 1776 and a prolific inventor who created the lightning rod after...

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GDPR & PSD2: A Silver Lining For Fraudsters?
GDPR & PSD2: A Silver Lining For Fraudsters?
April 30, 2018  |  Regulation

The deadlines for compliance with new European data regulations are right around the corner, and the impact of these changes won’t be limited to the...

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Amazon’s Marketplace Struggles With Mislabeled Goods
Amazon’s Marketplace Struggles With Mislabeled Goods
April 27, 2018  |  Amazon

While Amazon has spent years looking into counterfeit and otherwise mislabeled goods, the company continues to face the challenge of overseeing its own eCommerce platform....

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Five On Five: A New Way To Fight Online Counterfeiters
Five On Five: A New Way To Fight Online Counterfeiters
April 26, 2018  |  Payments Innovation

Welcome to Five on Five, your late look at some of the freshest payments news of the day. Today’s stories cover subjects ranging from online...

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Wells Fargo Handling Of Retirement Assets Under Scrutiny
Wells Fargo Handling Of Retirement Assets Under Scrutiny
April 26, 2018  |  Bank Regulation

The Department of Labor is examining if Wells Fargo pushed retirement-planning customers into pricier accounts and toward buying more expensive investment funds, generating more fees...

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Barclays Pegs Cost Of SMB Cybercrime At $55.7 Billion
Barclays Pegs Cost Of SMB Cybercrime At $55.7 Billion
April 26, 2018  |  B2B Payments

More than $55.7 billion in costs are linked to fraud at small businesses (SMBs) in the U.K. to date, according to new analysis from Barclays...

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Cyberattacker Shut Down In Global Police Action
Cyberattacker Shut Down In Global Police Action
April 25, 2018  |  Security & Fraud

Authorities shuttered one of the largest cyberattack organizations in the world yesterday, making arrests in four countries and seizing assets and infrastructure in three others,...

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