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.

Alloy and Kyckr Streamline KYB Process for Banks and FinTechs
Alloy and Kyckr Streamline KYB Process for Banks and FinTechs
March 21, 2023  |  B2B Payments

Alloy and Kyckr have partnered on a know your business (KYB) solution. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
FTX Lawyers Sue to Keep Bahamian Unit Away From Assets
FTX Lawyers Sue to Keep Bahamian Unit Away From Assets
March 21, 2023  |  Legal

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 >
Card Scheme Tokens Emerge as Latest Payments Tool to Drive Sales of Digital Goods
Card Scheme Tokens Emerge as Latest Payments Tool to Drive Sales of Digital Goods
March 21, 2023  |  Payment Methods

As the digital goods and services market expands globally, merchants and their payment partners must figure out the ideal mix for each market, offering the...

READ MORE >
Mastercard Bolsters Cybersecurity With Baffin Bay Purchase
Mastercard Bolsters Cybersecurity With Baffin Bay Purchase
March 20, 2023  |  Mastercard

Mastercard has acquired security firm Baffin Bay Networks to help its business clients fend off cyberattacks. Get the Full Story Complete the form to unlock...

READ MORE >
FCA Says Many Payments Firms’ Controls Aren’t ‘Sufficiently Robust’
FCA Says Many Payments Firms’ Controls Aren’t ‘Sufficiently Robust’
March 17, 2023  |  Regulation

A United Kingdom regulator has cautioned payments firms that it expects their controls to be “sufficiently robust.” Get the Full Story Complete the form to...

READ MORE >
SEC Alleges Cannabis Company American Patriot Brands Misled Investors
SEC Alleges Cannabis Company American Patriot Brands Misled Investors
March 17, 2023  |  Security & Fraud

Cannabis company American Patriot Brands has been charged with fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

READ MORE >
FTX Says Bankman-Fried Allegedly Took $2.2 Billion From Alameda
FTX Says Bankman-Fried Allegedly Took $2.2 Billion From Alameda
March 16, 2023  |  Cryptocurrency

FTX’s new management has uncovered $3.2 billion in transfers to the company’s founders. Get the Full Story Complete the form to unlock this article and...

READ MORE >
UK Finance: How Far Can AI Go in Fighting Fraud?
UK Finance: How Far Can AI Go in Fighting Fraud?
March 16, 2023  |  Security & Fraud

Much has been said about the potential new technologies like artificial intelligence (AI) and machine learning have in transforming fraud detection and fraud prevention across...

READ MORE >
AI Isn’t New to Payments but Use Cases Like Predictive Forecasting Are
AI Isn’t New to Payments but Use Cases Like Predictive Forecasting Are
March 14, 2023  |  artificial intelligence

The current explosion of interest in artificial intelligence (AI) may seem new to the uninitiated, but truth be told, this cutting-edge tech has been silently...

READ MORE >