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.

Macy’s Online Customers Warned Of Data Breach
Macy’s Online Customers Warned Of Data Breach
July 09, 2018  |  Retail

After Macy’s cyber tools detected suspicious logins on June 11, the retailer is warning customers about a data breach. The retailer said that a threat...

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Tapping Into Expanding Opportunity
Tapping Into Expanding Opportunity
July 06, 2018  |  Today In Data

While cash was once king on a global stage, digitization is marching forward, and quickly. Case in point: Australia, where cash still has a prominent...

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Smaller Firms Targeted For Big Hauls By Payments Fraudsters
Smaller Firms Targeted For Big Hauls By Payments Fraudsters
July 05, 2018  |  B2B Payments

Size matters when it comes to payments fraud, it seems.  Recent stories show local companies targeted for big payouts, done through fake invoices, and of...

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The Use Case For Network Tokens
The Use Case For Network Tokens
July 05, 2018  |  Risk Management

When it comes to personally identifiable information (PII), the words of Gandalf are a good rule for individuals to live by: “Keep it secret. Keep...

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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...

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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...

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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...

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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....

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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...

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