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.

PYMNTS Intelligence: Deploying Behavioral Analytics to Smooth Friction Points in the Customer Journey
PYMNTS Intelligence: Deploying Behavioral Analytics to Smooth Friction Points in the Customer Journey
August 22, 2022  |  Authentication

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

READ MORE >
Cross River Bank’s PPP Lending Practices Raise Questions
Cross River Bank’s PPP Lending Practices Raise Questions
August 21, 2022  |  Loans

While Cross River Bank had been doing massive amounts of work helping small businesses get Paycheck Protection Program (PPP) loans at the beginning of the...

READ MORE >
Academic Study Finds Signs of Insider Trading at Crypto Exchange Coinbase Global
Academic Study Finds Signs of Insider Trading at Crypto Exchange Coinbase Global
August 17, 2022  |  Security & Fraud

A new study by three academics has found that insider trading at cryptocurrency exchange Coinbase Global may be more widespread than a case being pursued...

READ MORE >
COVID Fraud Could Hit $163B, Experts Say
COVID Fraud Could Hit $163B, Experts Say
August 17, 2022  |  Security & Fraud

While 1,500 people have been charged with pandemic fraud and 450 have been convicted, investigators are still chasing down abundant leads in what could top...

READ MORE >
Authorized Push Payment Fraud Is Fastest Growing Scam for One Good Reason
Authorized Push Payment Fraud Is Fastest Growing Scam for One Good Reason
August 17, 2022  |  Security & Fraud

The financial services industry has done a good job safeguarding consumers from third-party fraud — that age-old ruse in which bad actors steal personal information,...

READ MORE >
76% of Merchants Prefer to Manage Chargeback Disputes With Third-Party Tools
76% of Merchants Prefer to Manage Chargeback Disputes With Third-Party Tools
August 08, 2022  |  Security & Fraud

An unwelcome side effect of the eCommerce and digital payments boom is the burden of chargebacks and disputes, and more merchants and brands are finding...

READ MORE >
CFPB Fine Prompts Senators to Demand More Info From US Bank 
CFPB Fine Prompts Senators to Demand More Info From US Bank 
August 08, 2022  |  CFPB

Several Democratic senators fired off a letter to U.S. Bank CEO Andrew Cecere demanding additional information after the Consumer Financial Protection Bureau (CFPB) fined the...

READ MORE >
Report: Experian Faces Class-Action Lawsuit Over Security Concerns
Report: Experian Faces Class-Action Lawsuit Over Security Concerns
August 07, 2022  |  Legal

Consumer credit bureau Experian is facing a class-action lawsuit over allegations that it didn’t do enough to prevent identity thieves from sabotaging peoples’ accounts. Get...

READ MORE >
Risk Managers Find Themselves Wearing Multiple Hats as New Threats Mount
Risk Managers Find Themselves Wearing Multiple Hats as New Threats Mount
August 04, 2022  |  Risk Management

“Each day looks wildly different.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

READ MORE >