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.

Automating Digital Identity Boosts Business Satisfaction With Fraud Tools
Automating Digital Identity Boosts Business Satisfaction With Fraud Tools
November 01, 2022  |  B2B Payments

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Sen Warren Urges CFPB to Develop Stronger Rules for P2P Payments
Sen Warren Urges CFPB to Develop Stronger Rules for P2P Payments
October 28, 2022  |  Bank Regulation

Three weeks after releasing a report focused on frauds and scams on Zelle, U.S. Sen. Elizabeth Warren has sent a letter to the Consumer Financial...

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Indian Minister Reports Rising Use of Crypto in Drug Smuggling
Indian Minister Reports Rising Use of Crypto in Drug Smuggling
October 27, 2022  |  Cryptocurrency

Those responsible for drug smuggling and terrorism in India are increasingly making use of the darknet and cryptocurrencies, Indian Home Minister Amit Shah reportedly said....

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Hacktober’s $718M Losses Are an Existential Threat to DeFi
Hacktober’s $718M Losses Are an Existential Threat to DeFi
October 26, 2022  |  Cryptocurrency

October hasn’t been kind to crypto, with $730 million lost to 18 hacks this month alone, driving the 2022 total loss to $3 billion. Get...

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FTC Takes Action Against Drizly, CEO Following 2020 Data Breach
FTC Takes Action Against Drizly, CEO Following 2020 Data Breach
October 24, 2022  |  Regulation

The Federal Trade Commission (FTC) is taking action against both online alcohol marketplace Drizly and its CEO, James Cory Rellas, pointing to allegations that they...

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Korean Regulators to Probe Stablecoin, Money Laundering Link
Korean Regulators to Probe Stablecoin, Money Laundering Link
October 24, 2022  |  AML

In a bid to stop money launderers, South Korea’s Financial Services Commission (FSC) is planning a probe into the amount of stablecoins being used on...

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Report: Binance Nears Identification of Those Behind Oct. 6 Hack
Report: Binance Nears Identification of Those Behind Oct. 6 Hack
October 24, 2022  |  Security & Fraud

With help from law enforcement and using its own resources, cryptocurrency exchange Binance is reportedly closing in on identifying the person or people behind an...

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Diebold Nixdorf Teams With Featurespace on Fraud Prevention Tech Integration
Diebold Nixdorf Teams With Featurespace on Fraud Prevention Tech Integration
October 23, 2022  |  Security & Fraud

Retail technology company Diebold Nixdorf has joined forces with financial crime prevention firm Featurespace to integrate Featurespace’s fraud prevention tech into Diebold Nixdorf’s Vynamic Payments...

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Mobile Check Deposit Offers Tempting Fraud Target
Mobile Check Deposit Offers Tempting Fraud Target
October 21, 2022  |  Fraud Prevention

Despite rallying cries like “kill the paper check,” this form of payment survived the pandemic digital shift, remaining popular as a form of mass disbursement...

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