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.

Instant and Automated Payments Make Tempting Targets for Fraud
Instant and Automated Payments Make Tempting Targets for Fraud
November 07, 2022  |  Security & Fraud

Faster B2B payments, back-office automation and alternative payments are all advancing rapidly, but these advances are creating new opportunities for fraudsters, so expect the innovation...

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DOJ Says Ex-MoviePass Execs Misled Investors
DOJ Says Ex-MoviePass Execs Misled Investors
November 06, 2022  |  Legal

The U.S. Department of Justice has charged a pair of former MoviePass executives with fraud, saying they misled investors about the health of the subscription...

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Who’s a Friend and Who’s a Fraudster?
Who’s a Friend and Who’s a Fraudster?
November 05, 2022  |  Security & Fraud

We’ve got more ways to communicate than ever, and when people get chatty, talk often turns to stuff we want to buy. In some cases,...

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PYMNTS Intelligence: Confronting the Challenge of B2B Payments Fraud
PYMNTS Intelligence: Confronting the Challenge of B2B Payments Fraud
November 04, 2022  |  B2B Payments

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

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Finding the Utility in Authentication Friction
Finding the Utility in Authentication Friction
November 04, 2022  |  Digital Identity

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One-Third of Cybercrime Losses Stem From Compromised Business Email
One-Third of Cybercrime Losses Stem From Compromised Business Email
November 03, 2022  |  B2B Payments

When criminals impersonate company executives or business partners to deceive employees into diverting funds their way, that’s business email compromise (BEC). Get the Full Story...

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Privacy-Enhancing Technologies Promote Greater EU Inter-Bank Collaboration in Fighting Fraud
Privacy-Enhancing Technologies Promote Greater EU Inter-Bank Collaboration in Fighting Fraud
November 03, 2022  |  Fraud Prevention

Banks are not the police. And yet, for many crimes, financial institutions (FIs) are often on the front lines when it comes to preventing and...

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East-West Commerce Gets Biometrics Boost and Automated Compliance
East-West Commerce Gets Biometrics Boost and Automated Compliance
November 02, 2022  |  Cross-border Payments

The promise of cross-border commerce is always the opportunity to tap into new markets. Get the Full Story Complete the form to unlock this article...

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FinCEN Says Ransomware Attacks Reported by FIs Leapt 108% in 2021
FinCEN Says Ransomware Attacks Reported by FIs Leapt 108% in 2021
November 01, 2022  |  Security & Fraud

The number of ransomware attacks reported by financial institutions (FIs) and occurring in 2021 was double the number that occurred during the previous year. Get...

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