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.

Liability Remains Murky Despite Reduction in UK Push Payments Fraud Fine
Liability Remains Murky Despite Reduction in UK Push Payments Fraud Fine
September 04, 2024  |  Security & Fraud

It’s said in jurisprudence that hard cases make bad law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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OCC’s Hsu: Agility and Teamwork Critical as Banks Confront New Risks
OCC’s Hsu: Agility and Teamwork Critical as Banks Confront New Risks
September 04, 2024  |  Security & Fraud

Banks are confronting new, digital risks, and guarding against them demands a more agile, teamwork-focused approach. Get the Full Story Complete the form to unlock...

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Report: UK Regulator Makes Massive Cut to Fraud Reimbursement Plan
Report: UK Regulator Makes Massive Cut to Fraud Reimbursement Plan
September 04, 2024  |  Security & Fraud

The U.K.’s payment regulator is reportedly making a drastic cut to its fraud reimbursement plan. Get the Full Story Complete the form to unlock this...

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FTC Reports Tenfold Increase in Scams Involving Bitcoin ATMs
FTC Reports Tenfold Increase in Scams Involving Bitcoin ATMs
September 03, 2024  |  Security & Fraud

As bitcoin ATMs have been installed in more locations, they have become a “payment portal for scammers,” the Federal Trade Commission (FTC) said in a...

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From Partnerships to Problem Banks: FDIC Report Looms Large
From Partnerships to Problem Banks: FDIC Report Looms Large
September 03, 2024  |  Regulation

Technology and third-party relationships — with service providers and digitally-focused FinTechs — have helped transform banks’ operations. Get the Full Story Complete the form to...

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Intellicheck CEO Warns: Every Data Breach Is a Step Closer to Someone Else Stealing Your Life
Intellicheck CEO Warns: Every Data Breach Is a Step Closer to Someone Else Stealing Your...
September 03, 2024  |  Security & Fraud

In the wrong hands, digital footprints can turn into a blueprint for fraud. Get the Full Story Complete the form to unlock this article and...

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Finexio CEO: Security Offers Competitive Edge in Payments Landscape
Finexio CEO: Security Offers Competitive Edge in Payments Landscape
September 03, 2024  |  Opinion

Staying ahead in fraud prevention is a competitive advantage for today’s businesses, Finexio CEO Ernest Rolfson writes in a new PYMNTS eBook, “Beyond the Horizon:...

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AWS and Mastercard Lead Industry Coalition to Fight Economic Crime
AWS and Mastercard Lead Industry Coalition to Fight Economic Crime
September 02, 2024  |  Fraud Prevention

The Centre for Finance, Innovation and Technology (CFIT) has formed an anti-financial crime group. Get the Full Story Complete the form to unlock this article...

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Nigeria’s Tingo CEO Fined $250 Million Over ‘Fabricated’ FinTechs
Nigeria’s Tingo CEO Fined $250 Million Over ‘Fabricated’ FinTechs
September 02, 2024  |  Legal

A federal court has fined Nigerian businessman Dozy Mmobuosi $250 million following a fraud investigation. Get the Full Story Complete the form to unlock this...

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