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.

Banks Must Advance Tech for Payments Security and Meet Consumer Expectations
Banks Must Advance Tech for Payments Security and Meet Consumer Expectations
January 10, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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Attack Vectors 2024: Protecting Against What’s Next in Deepfake Fraud 
Attack Vectors 2024: Protecting Against What’s Next in Deepfake Fraud 
January 09, 2024  |  Fraud Prevention

“Dad, please send them the money. They say they are going to hurt me.” Get the Full Story Complete the form to unlock this article...

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Crypto Firms Fined $5.8 Billion in 2023 For Loose Financial Controls
Crypto Firms Fined $5.8 Billion in 2023 For Loose Financial Controls
January 09, 2024  |  Cryptocurrency

Cryptocurrency and FinTech companies were fined $5.8 billion in 2023 for lax financial controls. Get the Full Story Complete the form to unlock this article...

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Visa Wants to Eliminate Friendly Fraud Without Alienating Honest Consumers 
Visa Wants to Eliminate Friendly Fraud Without Alienating Honest Consumers 
January 09, 2024  |  Fraud Prevention

Friendly fraud is a bit of a misnomer; first-party card misuse would be more accurate. Get the Full Story Complete the form to unlock this article...

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The Impact Quantum-Powered AI Could Have on Payments 
The Impact Quantum-Powered AI Could Have on Payments 
January 08, 2024  |  Artificial Intelligence

The 21st century has seen an incredible progression of business capabilities from an innovation standpoint. Get the Full Story Complete the form to unlock this...

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Instant Payments Speed Need for Fraud Prevention
Instant Payments Speed Need for Fraud Prevention
January 08, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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Beyond Faster Transfers: How Payment Modernization Shapes Customer Experiences
Beyond Faster Transfers: How Payment Modernization Shapes Customer Experiences
January 08, 2024  |  Payment Methods

The payments ecosystem remains a highly fragmented one as we enter the new year. Get the Full Story Complete the form to unlock this article...

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Larger FIs More Likely to Use AI and ML to Fight Financial Crime
Larger FIs More Likely to Use AI and ML to Fight Financial Crime
January 08, 2024  |  Fraud Prevention

Financial institutions (FIs) are increasingly recognizing the importance of fraud-fighting technologies as they confront more sophisticated fraud and financial crimes. In fact, the surge in...

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NIST Says Defending AI Systems From Cyberattacks ‘Hasn’t Been Solved’
NIST Says Defending AI Systems From Cyberattacks ‘Hasn’t Been Solved’
January 05, 2024  |  Artificial Intelligence

New technologies bring with them new opportunities — and new threats. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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