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.

Treasury Department to Use ‘Automation and Innovation’ to Fight Illicit Finance
Treasury Department to Use ‘Automation and Innovation’ to Fight Illicit Finance
May 16, 2024  |  AML

The Department of the Treasury has outlined the priorities it will pursue this year to step up the fight against illicit finance. Get the Full Story...

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Proof and Socure Team to Combat Fraud on Consumer Forms
Proof and Socure Team to Combat Fraud on Consumer Forms
May 16, 2024  |  Fraud Prevention

Online notarization firm Proof has launched a partnership with digital identity verification provider Socure. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Customer Satisfaction Concerns Drive eCommerce Merchants’ Security Upgrades
Customer Satisfaction Concerns Drive eCommerce Merchants’ Security Upgrades
May 15, 2024  |  Security & Fraud

Ninety-five percent of eCommerce merchants have either already started enhancing their anti-fraud resources or plan to do so before the year is out. Get the...

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British Payments Sector Protests Fraud Reimbursement Rules
British Payments Sector Protests Fraud Reimbursement Rules
May 15, 2024  |  Security & Fraud

The U.K. payments sector is protesting the government’s plan to have companies reimburse fraud victims. Get the Full Story Complete the form to unlock this...

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Prove: Spike in Business Identity Theft Calls for Phone-Based Approach to Authentication
Prove: Spike in Business Identity Theft Calls for Phone-Based Approach to Authentication
May 15, 2024  |  Fraud Prevention

As the company that laid claim to the concept of “digital identity” more than 10 years ago, Prove Identity takes verification seriously, even when it’s...

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Apple Says App Store Stopped $1.8B in Fraudulent Transactions in 2023
Apple Says App Store Stopped $1.8B in Fraudulent Transactions in 2023
May 14, 2024  |  Apple

Apple’s App Store blocked over $7 billion in fraudulent activity from 2020 through 2023. Get the Full Story Complete the form to unlock this article and enjoy...

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CFPB Pays $384 Million to Victims of Think Finance Scheme
CFPB Pays $384 Million to Victims of Think Finance Scheme
May 14, 2024  |  CFPB

Eleven years ago, Think Finance was named one of Forbes’ most promising companies. Get the Full Story Complete the form to unlock this article and enjoy...

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75% of Large Banks Agree to Reimburse Victims of Authorized Fraud
75% of Large Banks Agree to Reimburse Victims of Authorized Fraud
May 14, 2024  |  Security & Fraud

The Federal Reserve’s FraudClassifier divides fraud into two categories: authorized fraud and its unauthorized counterpart. Get the Full Story Complete the form to unlock this article and enjoy...

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Report: Cyber Threats Growing at 90% of Companies
Report: Cyber Threats Growing at 90% of Companies
May 13, 2024  |  Cybersecurity

For American businesses, the threat of cyberattacks continues to grow. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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