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.

Visa: Card Present Fraud Soars as Consumers Return In-Store
Visa: Card Present Fraud Soars as Consumers Return In-Store
October 07, 2022  |  Security & Fraud

The great reopening is upon us. Life is returning to normal, in many parts of the world. Get the Full Story Complete the form to...

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Visa, MIT Reports: Card-Present Fraud Rising as In-Store Shopping Returns
Visa, MIT Reports: Card-Present Fraud Rising as In-Store Shopping Returns
October 06, 2022  |  Cybersecurity

As consumers have returned to shopping in physical stores, scammers have stepped up their use of card-present threats.  Get the Full Story Complete the form...

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LinkedIn Faces Flood of AI-Generated Fake Profiles
LinkedIn Faces Flood of AI-Generated Fake Profiles
October 05, 2022  |  Security & Fraud

Fake LinkedIn executive profiles are creating an issue for the business networking site, a report from KrebsOnSecurity said. Get the Full Story Complete the form...

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New FinCEN Transparency Rules Require Naming Beneficial Owners
New FinCEN Transparency Rules Require Naming Beneficial Owners
October 05, 2022  |  Regulation

In a bid to crack down on illicit finance, the Financial Crimes Enforcement Network (FinCEN) has issued a final rule creating a beneficial ownership information...

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Mastercard Partners With Ravelin to Drive Quick Commerce Fraud Reduction
Mastercard Partners With Ravelin to Drive Quick Commerce Fraud Reduction
October 05, 2022  |  Fraud Prevention

Fraud detection and prevention powered by machine learning (ML) platform Ravelin is partnering with global payments giant Mastercard to deliver an enhanced solution that integrates digital identity...

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44% of Disputed Credit Card Transactions Stem From Consumers
44% of Disputed Credit Card Transactions Stem From Consumers
October 05, 2022  |  Credit Cards

Unhappy — or simply confused — consumers can upend merchants and other enterprises’ top lines when they opt to dispute card transactions. Processing errors can...

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Addressing Government Assistance Pain Points for Small Business
Addressing Government Assistance Pain Points for Small Business
October 05, 2022  |  Money Mobility

In this month’s “Money Mobility Tracker®,” PYMNTS analyzes why the record surge in stimulus checks made clear why governments need the ability to make digital...

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60% of Subscribers Admit to Gaming the System
60% of Subscribers Admit to Gaming the System
October 04, 2022  |  Subscription Commerce

Many consumers using online subscription services have developed staying one step ahead of having to pay for them into an art form — a fact...

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TCH Outlines Best Practices for Spotting, Fixing P2P Errors
TCH Outlines Best Practices for Spotting, Fixing P2P Errors
October 04, 2022  |  Digital Payments

With any nascent payments offering, as consumers embrace new, digital means of transacting and volumes surge, regulations and guidelines take shape. Those rules lay out...

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