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.

AI Becomes the Human-Machine Bridge That Makes Payments Safe and Smart
AI Becomes the Human-Machine Bridge That Makes Payments Safe and Smart
February 28, 2023  |  Artificial Intelligence

As the world buzzes about ChatGPT, the payments and financial sectors are already sizing up advanced new artificial intelligence (AI) tools relating to how they...

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Invoice Verification Slows Pace of Real-Time Business Payments Fraud
Invoice Verification Slows Pace of Real-Time Business Payments Fraud
February 28, 2023  |  B2B Payments

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FinCEN Warns of Rise in Mail-Related Check Fraud
FinCEN Warns of Rise in Mail-Related Check Fraud
February 27, 2023  |  Security & Fraud

The Financial Crimes Enforcement Network (FinCEN) is warning banks of a nationwide surge in check fraud. Get the Full Story Complete the form to unlock...

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TD Bank and HBSC Make ‘Monumental’ Settlement in $7B Ponzi Case
TD Bank and HBSC Make ‘Monumental’ Settlement in $7B Ponzi Case
February 27, 2023  |  Legal

A group of banks have agreed to settle a lawsuit tied to a $7 billion Ponzi scheme. Get the Full Story Complete the form to...

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PYMNTS Intelligence: CUs Can Do More to Address Members’ Fraud Concerns
PYMNTS Intelligence: CUs Can Do More to Address Members’ Fraud Concerns
February 27, 2023  |  Credit Unions

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Former MoviePass Executive Charged with Wire Fraud and Money Laundering
Former MoviePass Executive Charged with Wire Fraud and Money Laundering
February 24, 2023  |  Security & Fraud

A former executive at MoviePass was charged with wire fraud and money laundering for allegedly taking money to pay for a party at Coachella. Get...

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New Criminal Charges Allege Bankman-Fried Used FTX Funds as Personal Piggy Bank
New Criminal Charges Allege Bankman-Fried Used FTX Funds as Personal Piggy Bank
February 24, 2023  |  Legal

Sam Bankman-Fried’s associates have flipped on him, and now here comes the script. Get the Full Story Complete the form to unlock this article and...

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New Indictment Portrays Bankman-Fried’s ‘Savior’ Image as a Smokescreen
New Indictment Portrays Bankman-Fried’s ‘Savior’ Image as a Smokescreen
February 23, 2023  |  Legal

Federal prosecutors have indicted FTX founder Sam Bankman-Fried for a host of new crimes. Get the Full Story Complete the form to unlock this article...

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Report: Mysterious ‘Nevada Group’ Launches Mass Ransomware Attack
Report: Mysterious ‘Nevada Group’ Launches Mass Ransomware Attack
February 23, 2023  |  Security & Fraud

Hackers dubbed the “Nevada Group” have reportedly launched one of the largest ever ransomware attacks. Get the Full Story Complete the form to unlock this...

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