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.

Vesta Corporation Shows Innovation A Hidden Victim Of Fraud
Vesta Corporation Shows Innovation A Hidden Victim Of Fraud
June 22, 2017  |  B2B Payments

The threat cybersecurity holds over corporations today is massive. From email scams to malware, businesses have to keep their guard up or risk losing big...

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How To Feed The Fraud Fighting Machine
How To Feed The Fraud Fighting Machine
June 22, 2017  |  CEO Series

How do machines learn to learn? In Episode Three of PYMNTS’ machine learning podcast, Socure CEO Sunil Madhu and PYMNTS CEO Karen Webster get technical...

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Fighting Fraud By Not Focusing On It
Fighting Fraud By Not Focusing On It
June 22, 2017  |  Fraud Prevention

Machine learning can help find real cyber transaction fraud while letting the “good” payments go through. TSYS’ EVP Karim Ahmad and Featurespace CEO Martina King...

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How Porch Pirates Subtly Steer E-commerce
How Porch Pirates Subtly Steer E-commerce
June 22, 2017  |  eCommerce

While we tend to associate high-tech fraud with eCommerce thieves, as it turns out, it’s a big ecosystem with room enough for good old-fashioned, smash-and-grab...

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AimBrain Raises £4 Million For Its Biometrics-As-A-Service Platform
AimBrain Raises £4 Million For Its Biometrics-As-A-Service Platform
June 21, 2017  |  Authentication

AimBrain, a London-based startup providing clients with biometric identity fraud protection services, has raised £4 million in Series A funding. Get the Full Story Complete...

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NTechLab’s FindFace Facial Recognition Technology Has Applications In Retail, Public Safety
NTechLab’s FindFace Facial Recognition Technology Has Applications In Retail, Public Safety
June 20, 2017  |  Safety and Security

FindFace started as a futuristic social technology for identifying strangers by scanning their faces with a smartphone camera. Two years later, the facial recognition technology is...

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TeleSign Offers New iOS Capabilities For App Verify, Protects From Fraud
TeleSign Offers New iOS Capabilities For App Verify, Protects From Fraud
June 16, 2017  |  Mobile Applications

TeleSign, the world’s first end-to-end communications platform as a service, announced new iOS capabilities for its mobile app verification service, App Verify. Get the Full...

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FTC Announces NetSpend Is Refunding Customers As Part Of A Settlement
FTC Announces NetSpend Is Refunding Customers As Part Of A Settlement
June 16, 2017  |  Security & Fraud

The Federal Trade Commission announced Thursday (June 15) that NetSpend, the operator of a debit card, is providing refunds to settle charges that people couldn’t...

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FTC Sends Out Checks To Consumers Affected By Auto Loan Modification Scheme
FTC Sends Out Checks To Consumers Affected By Auto Loan Modification Scheme
June 16, 2017  |  Fraud Prevention

The Federal Trade Commission (FTC) announced news that it is mailing 288 checks totaling more than $109,000 to victims of an auto loan modification scam. Get...

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