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.

UK Wants to Turn Faster Payments Into Four-Day Payments
UK Wants to Turn Faster Payments Into Four-Day Payments
March 12, 2024  |  Fraud Prevention

When it comes to innovation, the United Kingdom can find itself on a literal island. And the kingdom’s latest regulatory push, one that is targeting...

READ MORE >
UK Publishes Draft Legislation to Combat Authorized Push Payment Fraud
UK Publishes Draft Legislation to Combat Authorized Push Payment Fraud
March 12, 2024  |  Fraud Prevention

The government of the United Kingdom has published draft legislation that would allow payment service providers (PSPs) to delay outbound payments processing by up to...

READ MORE >
APIs and Points of Vulnerability Spotlight BaaS Risks as Platforms Evolve 
APIs and Points of Vulnerability Spotlight BaaS Risks as Platforms Evolve 
March 11, 2024  |  Banking

If there’s a surety in financial services, it’s that hackers and bad actors probe ecosystems and platforms for points of vulnerability, looking for weak links...

READ MORE >
eCommerce Merchants Fail to Connect Failed Payments and Fraud
eCommerce Merchants Fail to Connect Failed Payments and Fraud
March 08, 2024  |  Fraud Prevention

Despite the many fraudsters on the prowl seeking to exploit any vulnerabilities they can find in the payments ecosystem, only about one-third of eCommerce merchants...

READ MORE >
Strong Authentication Fosters Trust Among Open Banking Users
Strong Authentication Fosters Trust Among Open Banking Users
March 07, 2024  |  Fraud Prevention

The payments journey, and landscape, is an ever evolving one, but one thing is certain: fraudsters will try to exploit any vulnerability they can to...

READ MORE >
Banks Say Better to Be Proactive Than Reactive When Making Payments Real Time
Banks Say Better to Be Proactive Than Reactive When Making Payments Real Time
March 07, 2024  |  Faster Payments

Faster payments solve many traditional pain points endemic to legacy payment methods. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
Leonteq Says It’s Not Aware of French Regulators Reporting Irregularities
Leonteq Says It’s Not Aware of French Regulators Reporting Irregularities
March 06, 2024  |  Regulation

Swiss-listed investment services company Leonteq said Wednesday (March 6) it was unaware that French regulators told prosecutors of possible irregularities at the firm.  Get the Full...

READ MORE >
Digital Currency Group Wants NY Fraud Lawsuit Tossed
Digital Currency Group Wants NY Fraud Lawsuit Tossed
March 06, 2024  |  Legal

Digital Currency Group (DCG) wants a lawsuit accusing it of defrauding cryptocurrency investors dismissed. Get the Full Story Complete the form to unlock this article and...

READ MORE >
2024’s Top Trends CFOs Need to Know
2024’s Top Trends CFOs Need to Know
March 06, 2024  |  CFO

If you don’t know what’s coming, you can’t prepare for it.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >