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.

CFPB: Citizens Bank to Pay $9 Million Fine Over Credit Card Billing Errors
CFPB: Citizens Bank to Pay $9 Million Fine Over Credit Card Billing Errors
May 23, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) and Citizens Financial Group have reached a settlement on a CFPB complaint. Get the Full Story Complete the form to unlock this article...

READ MORE >
Stytch Launches Authentication Solution for B2B Products and Applications
Stytch Launches Authentication Solution for B2B Products and Applications
May 23, 2023  |  B2B Payments

Stytch has added B2B authentication to its platform that already provides B2C authentication. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Half of Merchants Say Managing the Cost of Chargebacks Is Their Biggest Problem
Half of Merchants Say Managing the Cost of Chargebacks Is Their Biggest Problem
May 22, 2023  |  Fraud Prevention

When half of merchants report wrestling with their most costly and contentious problem, it demands attention. Chargebacks are just such an issue and one that...

READ MORE >
China Cracks Down on AI Amid Rise in Deepfake Scams
China Cracks Down on AI Amid Rise in Deepfake Scams
May 22, 2023  |  Security & Fraud

China has reportedly heightened scrutiny of “deepfake” tech amid a rise in artificial intelligence (AI)-driven fraud. Get the Full Story Complete the form to unlock...

READ MORE >
DOJ: Las Vegas Man Charged in $45 Million CoinDeal Scheme
DOJ: Las Vegas Man Charged in $45 Million CoinDeal Scheme
May 19, 2023  |  Security & Fraud

Another person has been charged for allegedly participating in the multimillion-dollar CoinDeal investment fraud scheme that was announced in January. Get the Full Story Complete...

READ MORE >
Unemployment Numbers Drop Sharply Following Fraudulent Claims
Unemployment Numbers Drop Sharply Following Fraudulent Claims
May 18, 2023  |  Economy

Unemployment claims plummeted following the revelation that fraudulent claims had driven up recent figures. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Apple: App Store Blocked $2+ Billion in Fraud in 2022
Apple: App Store Blocked $2+ Billion in Fraud in 2022
May 17, 2023  |  Fraud Prevention

Apple says it prevented more than $2 billion in fraudulent app store transactions last year. Get the Full Story Complete the form to unlock this...

READ MORE >
Generative AI Co-Pilots Help Banks Beat Back $4 Trillion in Financial Crime
Generative AI Co-Pilots Help Banks Beat Back $4 Trillion in Financial Crime
May 17, 2023  |  Artificial Intelligence

Today’s online world offers more vulnerabilities to exploit, and criminals have taken notice. Get the Full Story Complete the form to unlock this article and...

READ MORE >
ComplyAdvantage Debuts AI-Powered Fraud Fighting Tool
ComplyAdvantage Debuts AI-Powered Fraud Fighting Tool
May 16, 2023  |  Fraud Prevention

ComplyAdvantage says it is using artificial intelligence (AI) to ferret out financial crime. Get the Full Story Complete the form to unlock this article and...

READ MORE >