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.

March Madness: Payments And Commerce Style

March Madness: Payments And Commerce Style
March Madness: Payments And Commerce Style
March 15, 2018  |  News

Is your bracket ready? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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The ai Corporation Targets Issuers, Fuel Retailers With Fleet Solution
The ai Corporation Targets Issuers, Fuel Retailers With Fleet Solution
March 09, 2018  |  B2B Payments

U.K.-based The ai Corporation (ai) has announced the launch of a fleet card solution, reports in Bobs Guide said on Thursday (March 8). Get the Full...

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Fiserv First To Offer Mastercard Decision Intelligence
Fiserv First To Offer Mastercard Decision Intelligence
March 07, 2018  |  Fraud Prevention

Fiserv, a provider of financial services technology, announced news on Tuesday (March 6) that it is now offering Mastercard Decision Intelligence, a fraud detection service....

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iTunes Gift Cards Help IRS Scammers Net $54M
iTunes Gift Cards Help IRS Scammers Net $54M
March 06, 2018  |  Security & Fraud

With taxes due soon, consumers are being targeted with tax scams, which have been making the bad guys big bucks. Get the Full Story Complete...

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Gold Was The Bribe Of Choice In India’s Diamond Heist Scandal
Gold Was The Bribe Of Choice In India’s Diamond Heist Scandal
March 05, 2018  |  Security & Fraud

An official of India’s Punjab National Bank received gold and diamond jewelry as bribes for his involvement in a scandal that defrauded the lender of...

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Feds File Charges In International Fraud Scheme Involving A Picasso
Feds File Charges In International Fraud Scheme Involving A Picasso
March 02, 2018  |  Security & Fraud

For their alleged roles in a massive stock fraud and money laundering scam involving a Picasso, the U.S. Department of Justice has criminally charged 10...

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Millennials Lose More Money To Scams Than Seniors
Millennials Lose More Money To Scams Than Seniors
March 02, 2018  |  Security & Fraud

Millennials are apparently reporting losing money to fraud more often than seniors. But when seniors do become financial victims, they typically take a bigger hit...

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TransNational Rolls Out Payments API With AI-Powered Security
TransNational Rolls Out Payments API With AI-Powered Security
March 02, 2018  |  B2B Payments

TransNational Payments is launching a payments application programming interface (API) for developers, the company announced on Thursday (March 1). Get the Full Story Complete the...

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Trade Finance Takes Hit From India’s $2 Billion Bank Fraud Fallout
Trade Finance Takes Hit From India’s $2 Billion Bank Fraud Fallout
February 28, 2018  |  B2B Payments

The fallout continues from the $2 billion fraud scandal that hit India’s financial services market, according to news from Bloomberg on Tuesday (Feb. 27), with consequences now spreading...

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