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.

Why Context Makes Virtual Assistants Smart Digital Bankers

Why Context Makes Virtual Assistants Smart Digital Bankers
Why Context Makes Virtual Assistants Smart Digital Bankers
October 30, 2018  |  Banking

AI and ML-powered services can help fight banking fraud. However, to layer the tech into viable solutions to assist customers with banking, robo-advisors need to...

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NEW DATA: Why One-Third Of Businesses Want Real-Time Payments
NEW DATA: Why One-Third Of Businesses Want Real-Time Payments
October 30, 2018  |  Real-Time Payments

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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Data Dive, Halloween Edition: Fines And Fraudsters
Data Dive, Halloween Edition: Fines And Fraudsters
October 29, 2018  |  Today In Data

There will be no shortage of ways to try to scare yourself through the first half of this week — scary movies, scary costumes, scary receipts for...

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SFO Chief Recuses Herself From Barclays Case
SFO Chief Recuses Herself From Barclays Case
October 29, 2018  |  B2B Payments

The new director of the Serious Fraud Office (SFO) has stepped down from the prosecution of four former Barclays bankers over potential conflicts of interest....

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Chinese Banks Embrace Facial Recognition To Fight Fraud
Chinese Banks Embrace Facial Recognition To Fight Fraud
October 29, 2018  |  Biometrics

Banks in China have embraced micro-expressions technology as they try to combat fraud earlier by studying the facial movements of customers. Get the Full Story...

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Mapping Fraud’s DNA
Mapping Fraud’s DNA
October 29, 2018  |  Fraud Prevention

Payments and commerce fraud has its own ecosystem, one that includes criminals, servers and other computing devices, IP addresses, compromised payment cards and stolen personal...

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Govt Eyes BEC, Govt Slammed By BEC
Govt Eyes BEC, Govt Slammed By BEC
October 26, 2018  |  Cybersecurity

  Even as the SEC wants companies to be vigilant about cybersecurity, BEC claims new victims, among them DC government officials.  Elsewhere, a trio of...

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Hong Kong’s New Faster Payment System Marred By Fraud Claims
Hong Kong’s New Faster Payment System Marred By Fraud Claims
October 26, 2018  |  B2B Payments

Hong Kong’s Faster Payments System (FSP) has only been live for a few weeks, but already it’s facing claims regarding allegations of fraudulent use. Get...

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