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.

Manual Payments, Maximum Risk: How AP/AR Automation Beefs Up Security
Manual Payments, Maximum Risk: How AP/AR Automation Beefs Up Security
October 01, 2024  |  B2B Payments

Old-school manual B2B payments, particularly checks, are sitting ducks for fraudsters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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New Approaches to Fraud Prevention Needed as Card Issuance Ecosystem Expands
New Approaches to Fraud Prevention Needed as Card Issuance Ecosystem Expands
September 30, 2024  |  Security & Fraud

The expanding ecosystem of card issuance demands a new approach to defending against fraud as criminals become more sophisticated and employ advanced technologies to steal...

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3 Reasons B2B Payments Data Is So Valuable
3 Reasons B2B Payments Data Is So Valuable
September 30, 2024  |  B2B Payments

In a digital-first B2B landscape, data is more than just numbers — it’s a secret weapon. Get the Full Story Complete the form to unlock...

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British Banks Split on Charging Fraud Reimbursement Fees
British Banks Split on Charging Fraud Reimbursement Fees
September 30, 2024  |  Banking

British lenders are reportedly divided over whether to charge scam victims under new fraud reimbursement rules. Get the Full Story Complete the form to unlock...

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Fraudsters Attack B2B Payments as Supply Chains Prove to Be Vulnerable
Fraudsters Attack B2B Payments as Supply Chains Prove to Be Vulnerable
September 30, 2024  |  Security & Fraud

As the world of business payments continues to grow, so does the threat of fraud. Get the Full Story Complete the form to unlock this...

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FDIC Consent Orders Show Internal and External Risk Exposure
FDIC Consent Orders Show Internal and External Risk Exposure
September 27, 2024  |  Security & Fraud

A spate of recent enforcement decisions from the FDIC underscores risks that banks face — external as well as internal ones, where employees have allegedly...

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CFOs Suit Up for Cyberwar as Risk Management Evolves
CFOs Suit Up for Cyberwar as Risk Management Evolves
September 27, 2024  |  Security & Fraud

Managing risk effectively is one of the best ways to unlock business growth. Get the Full Story Complete the form to unlock this article and...

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Making Sense of How Point-to-Point Encryption Protects Payment Data
Making Sense of How Point-to-Point Encryption Protects Payment Data
September 27, 2024  |  Cybersecurity

The payments landscape has transformed more in the past five years than the prior 50. Get the Full Story Complete the form to unlock this...

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Fidelity Investments Restricts Cash Management Accounts to Shut Down Fraud
Fidelity Investments Restricts Cash Management Accounts to Shut Down Fraud
September 27, 2024  |  Security & Fraud

Fidelity Investments reportedly shut down an online check fraud scheme similar to one that recently struck J.P. Morgan Chase by tightening some restrictions on cash...

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