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.

The Week in AI: Chatbots Fuel Cybercrime; Google, Meta and OpenAI Announce Upgrades
The Week in AI: Chatbots Fuel Cybercrime; Google, Meta and OpenAI Announce Upgrades
September 27, 2024  |  Artificial Intelligence

Artificial intelligence is reshaping industries, from cybercriminals exploiting chatbots to Google supercharging Gemini for business breakthroughs. Get the Full Story Complete the form to unlock...

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Visa Buys Featurespace to Add AI-Based Real-Time Fraud Defense
Visa Buys Featurespace to Add AI-Based Real-Time Fraud Defense
September 26, 2024  |  Acquisitions

Visa says it is acquiring payments protection technology firm Featurespace to boost its anti-fraud capabilities. Get the Full Story Complete the form to unlock this article and enjoy...

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Stablecoins, Tokenization and Caroline Ellison Headline This Week in Web3
Stablecoins, Tokenization and Caroline Ellison Headline This Week in Web3
September 25, 2024  |  Blockchain

Cryptocurrency’s wild ride isn’t over yet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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FTC Enforcement Sweep Targets ‘Fever Pitch’ of AI Scams
FTC Enforcement Sweep Targets ‘Fever Pitch’ of AI Scams
September 25, 2024  |  artificial intelligence

The Federal Trade Commission (FTC) announced five law enforcement actions that it said are part of a crackdown on deceptive artificial intelligence (AI) claims and...

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SEC Charges Skael Founder With Inflating Automation Startup’s Revenue
SEC Charges Skael Founder With Inflating Automation Startup’s Revenue
September 25, 2024  |  Security & Fraud

The co-founder of business automation startup Skael has been accused of illegally inflating its revenues. Get the Full Story Complete the form to unlock this...

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Meta, Klarna and Spotify Join Call for EU Regulations for AI
Meta, Klarna and Spotify Join Call for EU Regulations for AI
September 25, 2024  |  Artificial Intelligence

As European tech leaders urge regulatory clarity to stay competitive in artificial intelligence, New York lawmakers contemplate stricter controls, highlighting the global struggle to balance...

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MoneyGram Works to Restore Systems After ‘Cybersecurity Issue’
MoneyGram Works to Restore Systems After ‘Cybersecurity Issue’
September 24, 2024  |  Cybersecurity

MoneyGram said Tuesday (Sept. 24) that it is working “around the clock” to bring its systems back online and resume normal business operations after finding...

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Caroline Ellison Gets 2 Years in Prison for Role in FTX Collapse
Caroline Ellison Gets 2 Years in Prison for Role in FTX Collapse
September 24, 2024  |  Legal

Caroline Ellison, the former executive who played a role in the collapse of the FTX crypto exchange and later became the star witness in the...

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HSBC: Tech Sector Should Help Refund APP Fraud Victims
HSBC: Tech Sector Should Help Refund APP Fraud Victims
September 24, 2024  |  Security & Fraud

British banking giant HSBC wants the tech industry’s help with new fraud reimbursement rules. Get the Full Story Complete the form to unlock this article...

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