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.

Federal Judge Revokes Bail for FTX Founder Sam Bankman-Fried
Federal Judge Revokes Bail for FTX Founder Sam Bankman-Fried
August 11, 2023  |  Legal

FTX founder Sam Bankman-Fried was ordered to jail Friday (Aug. 11) after a federal judge revoked his bail. Get the Full Story Complete the form to unlock this...

READ MORE >
Orange May Be the New Black for FTX’s Sam Bankman-Fried
Orange May Be the New Black for FTX’s Sam Bankman-Fried
August 11, 2023  |  Legal

Sam Bankman-Fried’s fraudulent cryptocurrency empire fell apart last November. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

READ MORE >
Omnichannel Is a Merchant Priority and Fraudster Opportunity
Omnichannel Is a Merchant Priority and Fraudster Opportunity
August 09, 2023  |  Retail

The embrace of omnichannel commerce as the pandemic recedes has brought a “new normal” for merchants, Adam Gunther, senior vice president and chief product officer...

READ MORE >
Social Engineering Enabled $37 Million Theft From Crypto Firm CoinsPaid
Social Engineering Enabled $37 Million Theft From Crypto Firm CoinsPaid
August 07, 2023  |  Cryptocurrency

Social engineering enabled the July 22 hacker attack and theft of $37 million from crypto payments provider CoinsPaid. Get the Full Story Complete the form...

READ MORE >
Riskified Integrates Fraud Prevention Solutions With commercetools’ eCommerce Platform
Riskified Integrates Fraud Prevention Solutions With commercetools’ eCommerce Platform
August 01, 2023  |  Security & Fraud

Riskified has integrated its fraud prevention and risk management solutions with commercetools’ eCommerce platform. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
DocuSign, Microsoft Azure Move to Improve Facial Liveness Detection
DocuSign, Microsoft Azure Move to Improve Facial Liveness Detection
July 27, 2023  |  Security & Fraud

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
DeFi Gets Defanged as Investor Doubts and Regulatory Scrutiny Grow
DeFi Gets Defanged as Investor Doubts and Regulatory Scrutiny Grow
July 25, 2023  |  Cryptocurrency

The year 2023 was supposed to be when decentralized finance (DeFi) platforms proved their value. Get the Full Story Complete the form to unlock this...

READ MORE >
Worldcoin or World Con? Sam Altman’s Newest Venture Draws Skepticism
Worldcoin or World Con? Sam Altman’s Newest Venture Draws Skepticism
July 24, 2023  |  Cryptocurrency

If a technology service is free, you are the product — not the customer. Get the Full Story Complete the form to unlock this article...

READ MORE >
This Week In Payments: Rules for AI, Block Picks a Fee Fight and FedNow Arrives
This Week In Payments: Rules for AI, Block Picks a Fee Fight and FedNow Arrives
July 21, 2023  |  Payment Methods

This week in payments saw the SEC weigh in on artificial intelligence (AI), the long-awaited debut of the FedNow instant payments rail to mixed reviews,...

READ MORE >