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 Need to Be on the Cutting Edge of AI’s Double-Edged Fraud Sword
Banks Need to Be on the Cutting Edge of AI’s Double-Edged Fraud Sword
October 04, 2023  |  Artificial Intelligence

The greatest innovations are those that democratize access to new skills and empower populations. Get the Full Story Complete the form to unlock this article...

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Bankman-Fried’s Defense Seeks to Block Prosecutors From Calling FTX Witnesses
Bankman-Fried’s Defense Seeks to Block Prosecutors From Calling FTX Witnesses
October 03, 2023  |  Legal

The criminal trial of FTX founder Sam Bankman-Fried started Tuesday (Oct. 3). Get the Full Story Complete the form to unlock this article and enjoy...

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Form3: AI and Risk Scoring Help Stop Push Payment Fraud ‘in Its Tracks’
Form3: AI and Risk Scoring Help Stop Push Payment Fraud ‘in Its Tracks’
October 03, 2023  |  Security & Fraud

With the Sibos 2023 financial services conference in the rearview mirror, central bank digital currencies (CBDCs) and blockchain in active discussion, and the FedNow® Service...

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WorkFusion Unveils AI-Powered Transaction Monitoring Investigator
WorkFusion Unveils AI-Powered Transaction Monitoring Investigator
October 02, 2023  |  AML

WorkFusion has unveiled a new AI Transaction Monitoring Investigator designed to automate the review of first-level (L1) transaction monitoring alerts.  Get the Full Story Complete...

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LVMH CEO Bernard Arnault Calls Money Laundering Reports ‘Absurd’
LVMH CEO Bernard Arnault Calls Money Laundering Reports ‘Absurd’
October 02, 2023  |  Retail

The CEO of luxury conglomerate LVMH reportedly dismissed money laundering allegations against him. Get the Full Story Complete the form to unlock this article and...

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Bankman-Fried’s Friends May Be Key to Criminal Trial
Bankman-Fried’s Friends May Be Key to Criminal Trial
October 02, 2023  |  Legal

While the U.S. Department of Justice (DOJ) has precluded the testimony of all of accused crypto fraudster Sam Bankman-Fried’s seven witnesses in his imminent trial,...

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Report: Bankman-Fried’s Alleged Victims Still Believe in Crypto
Report: Bankman-Fried’s Alleged Victims Still Believe in Crypto
October 02, 2023  |  Cryptocurrency

Despite losing millions when FTX collapsed, some investors still believe in the promise of cryptocurrency. Get the Full Story Complete the form to unlock this article and...

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Visa Teams With Expel to Tackle $10.5 Trillion Cybercrime Threat
Visa Teams With Expel to Tackle $10.5 Trillion Cybercrime Threat
October 02, 2023  |  Security & Fraud

Visa has teamed with security firm Expel to help customers guard themselves against cybercrime. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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FTC Strengthens Cooperation With Latin American Partners to Fight Fraud
FTC Strengthens Cooperation With Latin American Partners to Fight Fraud
September 29, 2023  |  Fraud Prevention

The Federal Trade Commission (FTC) has partnered with consumer protection authorities from four Latin American countries — Chile, Colombia, Mexico and Peru — to combat cross-border fraud....

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