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.

Fighting Fraud Via Better Digital IDs

Fighting Fraud Via Better Digital IDs
Fighting Fraud Via Better Digital IDs
February 20, 2017  |  Innovation

The process of identification is one that identifies friend or foe and one that builds trust. In commerce, that process extends to ensure that the...

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Hacker Tracker: Shimmers, Identity Fraud, And Hacked Hotels
Hacker Tracker: Shimmers, Identity Fraud, And Hacked Hotels
February 10, 2017  |  Cybersecurity

Just when payment card data seemed somewhat protected by EMV technology, hackers have found yet another way to steal information and gain access to PINs....

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Data Enablers: Verifi And Fighting The Chargeback
Data Enablers: Verifi And Fighting The Chargeback
February 10, 2017  |  Big Data

Fraud is certainly a focus in the modern market, but the consumer end tends to get a bit more attention than the merchant end. That...

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Alibaba Defends Itself Against Counterfeit Accusations
Alibaba Defends Itself Against Counterfeit Accusations
February 10, 2017  |  Retail

Alibaba Group Holding has alleged that an intellectual property (IP) agency was filing false complaints against vendors on its eCommerce platforms, calling for a boycott of...

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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  |  Real-Time 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  |  Cybersecurity

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  |  Cybersecurity

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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