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.

China Cracks Down on AI Amid Rise in Deepfake Scams

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...

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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...

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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...

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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...

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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...

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Pay.UK Says Controlling UK’s Payments Fraud Epidemic Needs More than AI
Pay.UK Says Controlling UK’s Payments Fraud Epidemic Needs More than AI
May 16, 2023  |  Security & Fraud

Over £1.2 billion ($1.5 billion) in the U.K. was stolen through authorized and unauthorized financial fraud in 2022, according to a recently published UK Finance report....

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How a 190-Year-Old UK Bank Is Reimagining Payments
How a 190-Year-Old UK Bank Is Reimagining Payments
May 15, 2023  |  Cross-border Payments

Slow processing times, high banking fees, and complex and overlapping regulatory requirements continue to create pain points for individuals sending and receiving remittances worldwide. And...

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UK Records $1.5 Billion in Fraud in 2022
UK Records $1.5 Billion in Fraud in 2022
May 14, 2023  |  Security & Fraud

Fraudsters stole more than £1.2 billion ($1.5 billion) in the U.K. last year, down 8% since 2021. Get the Full Story Complete the form to...

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