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.

Fraud Firm Rippleshot Scores $2.6M, Plans Growth
Fraud Firm Rippleshot Scores $2.6M, Plans Growth
February 09, 2017  |  Investments

Chicago-based fraud analytics startup Rippleshot recently announced it raised $2.6 million in venture capital funding from a number of contributors. The funding round was led by...

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No Fraud Spike With Same Day ACH, Says NACHA
No Fraud Spike With Same Day ACH, Says NACHA
February 07, 2017  |  Faster Payments

NACHA wants to quell any anxieties about the rollout of Same Day ACH, and the latest data from the payments group should breathe new confidence...

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Businesses Worried Over EBA’s New Standards For Online Payments
Businesses Worried Over EBA’s New Standards For Online Payments
February 07, 2017  |  Security & Fraud

Businesses and banks are concerned over new proposed standards from the European Banking Authority (EBA) that would require “strong customer authentication” for all electronic payments over...

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Fraud’s $50B Identity Crisis
Fraud’s $50B Identity Crisis
February 06, 2017  |  Security & Fraud

The use of fake or synthetic identities is actually scarier than it may sound, in fact, the fraud perpetrated by the cybercriminals behind these identities...

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PYMNTS Daily Data Dive: Identity Fraud
PYMNTS Daily Data Dive: Identity Fraud
February 02, 2017  |  Security & Fraud

Most people never dream that identity fraud could happen to them in their lifetime. And if it’s not caught quickly, there’s a significant chance of nefarious...

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YapStone And Making Marketplaces Manageable
YapStone And Making Marketplaces Manageable
February 02, 2017  |  Payment Methods

These days, there is literally an online marketplace for every need. Whether it be workers, office space, rides, vacation homes, food delivery, graphic designers or...

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PYMNTS Daily Data Dive: Trump’s Cybersecurity Executive Order
PYMNTS Daily Data Dive: Trump’s Cybersecurity Executive Order
February 01, 2017  |  Daily Data Dive

We’ve seen quite a flurry of activity in the new Trump administration over the past week and a half. Get the Full Story Complete the...

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Vesta’s Vista On The Merchant’s Fraud Challenge
Vesta’s Vista On The Merchant’s Fraud Challenge
February 01, 2017  |  Security & Fraud

ECommerce merchants: Call it a trifecta of pressures hitting you right where you live — at the top and bottom lines. Vesta’s Tom Byrnes, CMO,...

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FBI Arrests Fugitive Wanted for $200M in Credit Card Fraud
FBI Arrests Fugitive Wanted for $200M in Credit Card Fraud
January 26, 2017  |  Security & Fraud

After nearly four years of evading authorities, a fugitive implicated in one of the Justice Department’s largest credit card fraud schemes gave himself up. Get...

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