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.

In Payments Fraud, A Crypto Scam

In Payments Fraud, A Crypto Scam
In Payments Fraud, A Crypto Scam
June 14, 2019  |  B2B Payments

It’s not just about invoices and BEC.  In one recent example, payments fraud reached into the crypto realm – and a publicly listed company.  Elsewhere,...

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Deep Dive: How Account Takeovers Are Affecting The $138B Gaming Industry
Deep Dive: How Account Takeovers Are Affecting The $138B Gaming Industry
June 14, 2019  |  Fraud Prevention

The $138 billion video game market has become a lightning rod for cybercriminals looking to make a quick buck. Game-related crime such as piracy is...

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Fraudsters Find New Bank Stomping Grounds
Fraudsters Find New Bank Stomping Grounds
June 14, 2019  |  Cybersecurity

The good news in the world of fighting fraud and cybercrime is that, by the numbers, the battle against the thieves has been shown to...

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Two Auditors Implicated In India Fraud Case
Two Auditors Implicated In India Fraud Case
June 13, 2019  |  Cybersecurity

India has implicated two auditors working with Leasing & Financial Services (IL&FS) with 22 auditing violations that the country called “organized crime,” according to a...

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BNY Mellon’s AI-Based Fraud Detection Initiative
BNY Mellon’s AI-Based Fraud Detection Initiative
June 13, 2019  |  Cybersecurity

With the speed and volume of digital transactions increasing every year, fraudsters have become better at concealing their tracks. Hunting cybercriminals has become much like...

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Deep Dive: Striking A Balance In Digital ID Security
Deep Dive: Striking A Balance In Digital ID Security
June 13, 2019  |  Authentication

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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Mastercard Bets On Biometric Cards To Advance Inclusion
Mastercard Bets On Biometric Cards To Advance Inclusion
June 13, 2019  |  Mastercard

In early May, Mastercard, in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test in Mexico’s Sonora...

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Online University WGU’s Strategy For Fraud-Free Test-Taking
Online University WGU’s Strategy For Fraud-Free Test-Taking
June 12, 2019  |  Authentication

Online universities have become a popular alternative to a traditional campus experience for their affordability and flexible class schedules. But with tests conducted remotely, how...

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