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.

Cybercrooks’ Latest Trick: Steal Less Money

Cybercrooks’ Latest Trick: Steal Less Money
Cybercrooks’ Latest Trick: Steal Less Money
April 10, 2019  |  Cybersecurity

A report by Bloomberg said that after one of the biggest cyber heists in history involving the theft of $100 million from the Bangladeshi central...

READ MORE >
Measuring Technology’s Promise Against Its Progress
Measuring Technology’s Promise Against Its Progress
April 10, 2019  |  Today In Data

There is no shortage of wonders in payments and commerce, which are advertised as the next big disruption in how consumers transact. Instant payments, voice...

READ MORE >
Medical Equipment Cos Charged In $1.2B Healthcare Fraud
Medical Equipment Cos Charged In $1.2B Healthcare Fraud
April 10, 2019  |  Cybersecurity

U.S. authorities announced that they have charged a number of individuals in connection with one of the biggest healthcare frauds ever prosecuted in the nation....

READ MORE >
MPs Accuse Lloyds Execs Of HBOS Fraud ‘Cover-Up’
MPs Accuse Lloyds Execs Of HBOS Fraud ‘Cover-Up’
April 09, 2019  |  B2B Payments

The All-Party Parliamentary Group (APPG) on Fair Business Banking is calling for a new investigation into Lloyds and how much its executives knew about the...

READ MORE >
Startup Riskified Wants $200M To Fight eCommerce Fraud
Startup Riskified Wants $200M To Fight eCommerce Fraud
April 08, 2019  |  Investments

An Israeli startup that creates anti-fraud services that deal with online transactions wants to raise $200 million for expansion, according to a report in Bloomberg....

READ MORE >
Dozens Of Cybercrime Groups Found On Facebook
Dozens Of Cybercrime Groups Found On Facebook
April 05, 2019  |  Cybersecurity

Dozens of cybercriminal groups have found a home on Facebook, using the platform’s online marketplace to sell illegal services such as stolen credit card information,...

READ MORE >
UK Study: Businesses See Fraudsters As ‘Ahead Of Industry’
UK Study: Businesses See Fraudsters As ‘Ahead Of Industry’
April 05, 2019  |  B2B Payments

 In the UK, might the fraudsters be getting ahead of the firms they are bilking? A recent study from Vocalink points to that sentiment, while...

READ MORE >
UW Credit Union’s Lessons For Serving College Students
UW Credit Union’s Lessons For Serving College Students
April 04, 2019  |  Credit Unions

Every year, nearly 2.8 million students enroll in college for the first time, and many arrive with bank accounts tied to their hometowns. For on-campus...

READ MORE >