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 Location Is Personalization’s Superpower for Merchants
Why Location Is Personalization’s Superpower for Merchants
August 16, 2024  |  Connected Economy

In the current business landscape, consumers crave personalized experiences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Chainalysis: Value of Crypto Hacks, Ransomware Payments Rise in 2024
Chainalysis: Value of Crypto Hacks, Ransomware Payments Rise in 2024
August 15, 2024  |  Security & Fraud

The value of funds taken in hacking activities and ransomware attacks rose during the first seven months of the year. Get the Full Story Complete...

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This Week in Web3: Blockchain Looks to Create, Not Just Store, Real-World Value
This Week in Web3: Blockchain Looks to Create, Not Just Store, Real-World Value
August 14, 2024  |  Blockchain

Blockchain, at this point a significant industry, perpetually appears to be on the verge of mainstream acceptance. Get the Full Story Complete the form to...

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Experian Expands Fraud Detection Capabilities With NeuroID Acquisition
Experian Expands Fraud Detection Capabilities With NeuroID Acquisition
August 13, 2024  |  Acquisitions

Experian has added behavioral analytics to its fraud detection capabilities by acquiring NeuroID. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Collaborative Defense: The Role of ‘Intelligent Friction’ and AI in Fraud Prevention
Collaborative Defense: The Role of ‘Intelligent Friction’ and AI in Fraud Prevention
August 13, 2024  |  Security & Fraud

Every now and then, an executive in the payments business comes up with a catchphrase that captures a complex concept, and you know it’s going...

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SEC Alleges NovaTech Ltd Ran Fraudulent Crypto-Centered Scheme
SEC Alleges NovaTech Ltd Ran Fraudulent Crypto-Centered Scheme
August 12, 2024  |  Cryptocurrency

The Securities and Exchange Commission (SEC) charged NovaTech Ltd, its operators, Cynthia and Eddy Petion, and the company’s top promoters with running a fraudulent scheme centered on...

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77% of Consumers Expect Banks to Use AI to Fight Fraud
77% of Consumers Expect Banks to Use AI to Fight Fraud
August 12, 2024  |  Fraud Prevention

Real-time payments, known for their speed and immediacy, have faced adoption hurdles primarily due to perceptions about security. As financial institutions (FIs) and payments providers...

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They Said That: Notable Quotables for the Week of August 5
They Said That: Notable Quotables for the Week of August 5
August 09, 2024  |  Technology

While you were watching track and field, basketball, fencing and swimming we were keeping our usual close eye on the “faster, higher, stronger” world of...

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Fed Enforcements Now Focus on Instant Payments and Tokens
Fed Enforcements Now Focus on Instant Payments and Tokens
August 09, 2024  |  Bank Regulation

A recent enforcement action by the Federal Reserve taken against Customers Bancorp and its Customers Bank subsidiary has taken note of the risks and challenges...

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