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.

Visa: AI Helped Block 85% More Fraud on Cyber Monday
Visa: AI Helped Block 85% More Fraud on Cyber Monday
December 17, 2024  |  Fraud Prevention

Visa’s artificial intelligence (AI) and machine learning capabilities enabled it to block 85% more suspected fraud globally on Cyber Monday compared to a year earlier....

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Revolut Introduces Fraud Protection for Crypto Customers
Revolut Introduces Fraud Protection for Crypto Customers
December 17, 2024  |  Cryptocurrency

Revolut will reportedly offer new anti-fraud security measures to its cryptocurrency customers starting next year. Get the Full Story Complete the form to unlock this article...

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Fraud Expert Claims Four Key Pillars of Risk Threaten Consumer and Merchant Circle of Trust
Fraud Expert Claims Four Key Pillars of Risk Threaten Consumer and Merchant Circle of Trust
December 17, 2024  |  Security & Fraud

Trust is a balancing act as companies, banks and merchants collaborate to make everyday financial life and commerce a reality. Get the Full Story Complete...

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Rhode Island Urges Residents to Protect Personal Information Amid Data Breach
Rhode Island Urges Residents to Protect Personal Information Amid Data Breach
December 16, 2024  |  Security & Fraud

Rhode Island is urging the state’s residents to protect their personal information amid a data breach of RIBridges, a system that handles many of the...

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HSBC Australia Sued for ‘Widespread’ Anti-Fraud Failings
HSBC Australia Sued for ‘Widespread’ Anti-Fraud Failings
December 16, 2024  |  Bank Regulation

Banking giant HSBC is facing a lawsuit in Australia over alleged fraud-prevention failures. Get the Full Story Complete the form to unlock this article and...

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AI Validates Trading Partners While Playing Role of B2B Fraud Fighter
AI Validates Trading Partners While Playing Role of B2B Fraud Fighter
December 16, 2024  |  B2B Payments

The paper check endures, perhaps bafflingly so, in the digital age. There are easier ways to pay, of course, but for commercial transactions, the paper...

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Why More Connectivity Means More Vulnerability for Cross-Border Payments
Why More Connectivity Means More Vulnerability for Cross-Border Payments
December 16, 2024  |  Safety and Security

Today’s interconnected world is, well, increasingly connected. Fundamentally, that means it relies on trust. Get the Full Story Complete the form to unlock this article...

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FTC Warns of ‘Massive Jump’ in Online Job Scams
FTC Warns of ‘Massive Jump’ in Online Job Scams
December 12, 2024  |  Security & Fraud

The Federal Trade Commission (FTC) is warning consumers about a “massive jump” in a form of online job scams called “task scams.” Get the Full Story...

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AWS and TSYS Say Financial Services’ Shift to the Cloud Includes Responsible Innovation
AWS and TSYS Say Financial Services’ Shift to the Cloud Includes Responsible Innovation
December 12, 2024  |  Innovation

It seems like everything is moving to the cloud — from data to infrastructure — as companies seek to cut costs and scale their operations....

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