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.

Deep Dive: Securing Digital Identities Without Relying On Passwords

Deep Dive: Securing Digital Identities Without Relying On Passwords
Deep Dive: Securing Digital Identities Without Relying On Passwords
August 08, 2019  |  Authentication

Digital identification continues to make immense strides in implementation and uptake in the world’s economy, but it is not without vulnerabilities. More than 4.5 billion...

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As SCA Deadline Looms, Merchants Scramble
As SCA Deadline Looms, Merchants Scramble
August 08, 2019  |  Legal & Regulation

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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REPORT: What Sharing Economy Platforms Don’t Get About Digital ID
REPORT: What Sharing Economy Platforms Don’t Get About Digital ID
August 07, 2019  |  Cybersecurity

Sharing economy platforms have permeated every aspect of consumers’ lives. Some 60.1 million Americans hitch rides through ridesharing offerings like Uber or Lyft, for example,...

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How Tech Takes The P-Card Into The Digital Age
How Tech Takes The P-Card Into The Digital Age
August 05, 2019  |  B2B Payments

The corporate purchasing card (p-card) has been a tool in-use for years, allowing employees to make purchases on behalf of businesses without having to trudge...

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FinCEN: BEC Scams Tried to Siphon $9B Since 2016
FinCEN: BEC Scams Tried to Siphon $9B Since 2016
August 05, 2019  |  B2B Payments

BEC is gaining steam, accounting for billions of dollars in attempted (and successful) thefts across all manner of industries, FinCEN finds. Separately, in Lodi City, California,...

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What Check Fraud Can Teach Banks About Preparing For The Instant Payments Future
What Check Fraud Can Teach Banks About Preparing For The Instant Payments Future
August 05, 2019  |  Cybersecurity

If there was a handbook for how to become a successful fraudster, the first sentence of the first chapter would go something like this: “Go...

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KYB, Shell Companies And Pot Payments Gone Rogue
KYB, Shell Companies And Pot Payments Gone Rogue
August 05, 2019  |  Cybersecurity

Fraud comes in many flavors, and a payments-related lawsuit arising from the growing business of legal, recreational marijuana is proof of that point. Get the...

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 How To Cut The Phishing Lines That Bind Us
 How To Cut The Phishing Lines That Bind Us
August 02, 2019  |  Cybersecurity

Fraudsters are ever bolder when it comes to phishing scams, which are up 76 percent year over year.  The best approach to stop the bad...

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