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.

Today in Crypto: High School Hacker to Pay $22M in AT&T Case
Today in Crypto: High School Hacker to Pay $22M in AT&T Case
October 16, 2022  |  Cryptocurrency

Twenty-year-old crypto hacker Ellis Pinsky will have to pay $22 million to the victim of his scheme, crypto investor Michael Terpin, Coindesk wrote. Get the...

READ MORE >
AI Provides Context Needed to Help Banks Stop Financial Scams
AI Provides Context Needed to Help Banks Stop Financial Scams
October 13, 2022  |  Security & Fraud

In a recent conversation with Karen Webster, Featurespace Founder Dave Excell and MidFirst Bank Vice President and Director of Enterprise Fraud Candler Eve sounded the...

READ MORE >
Experts Say Digital Makeover of Receivables Yields Returns Beyond AR
Experts Say Digital Makeover of Receivables Yields Returns Beyond AR
October 11, 2022  |  Innovation

The pandemic ushered in a receivables revolution as disruption forced an “innovate or perish” urgency in cash management, money movement, payout options and related fraud...

READ MORE >
CFOs Bring New Risk Mindset to Digitization 3 Years After Urgent COVID Shutdown 
CFOs Bring New Risk Mindset to Digitization 3 Years After Urgent COVID Shutdown 
October 10, 2022  |  B2B Payments

With any luck, there will never be another end-of-the-world business shutdown moment like that which was seen in March 2020, where companies large and small...

READ MORE >
Financial Scams up the Ante for FI Investment in AI-Powered Tools
Financial Scams up the Ante for FI Investment in AI-Powered Tools
October 10, 2022  |  B2B Payments

Something’s got to give, as the old song goes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

READ MORE >
Fraudsters Shift Focus to Big-Ticket Real Estate Closing Scams
Fraudsters Shift Focus to Big-Ticket Real Estate Closing Scams
October 09, 2022  |  Security & Fraud

The Secret Service has been looking into identifying scammers moving millions of stolen dollars through banks around the New York tri-state area. Get the Full...

READ MORE >
What Are Cross-Chain Transactions and Why Are They Being Hacked?
What Are Cross-Chain Transactions and Why Are They Being Hacked?
October 07, 2022  |  Blockchain

With the cross-chain payments bridge of top global exchange Binance’s BNB Chain blockchain the victim of a $570 million cryptocurrency hack — the latest in...

READ MORE >
Binance Blockchain Back in Action Following $100M Cross-Chain Bridge Hack
Binance Blockchain Back in Action Following $100M Cross-Chain Bridge Hack
October 07, 2022  |  Security & Fraud

Cryptocurrency exchange Binance’s BNB Chain is back up and running following an estimated $100M cross-chain bridge hack that led to the illicit transfer of digital...

READ MORE >
‘Self-Service’ Dispute Management Saves Merchants Time, Money — and Keeps Consumers Happy
‘Self-Service’ Dispute Management Saves Merchants Time, Money — and Keeps Consumers Happy
October 07, 2022  |  Credit Cards

To err is human. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

READ MORE >