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.

Mitek and Alogent Partner to Prevent Check Fraud
Mitek and Alogent Partner to Prevent Check Fraud
August 21, 2024  |  Partnerships

Fraud prevention firm Mitek expanded a partnership with payments processor Alogent. The collaboration will see Alogent integrate Mitek’s Check Fraud Defender (CFD) into its Unify...

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UK Banks Struggle With ‘Ambiguous’ Fraud Reimbursement Rules
UK Banks Struggle With ‘Ambiguous’ Fraud Reimbursement Rules
August 21, 2024  |  Security & Fraud

Banks, FinTechs and payments companies in the United Kingdom are reportedly struggling with the country’s new fraud rules. The entities have until Oct. 7 to...

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Spreedly CTO Shares Back-to-Basics Approach for Combating Fraud
Spreedly CTO Shares Back-to-Basics Approach for Combating Fraud
August 21, 2024  |  Security & Fraud

As payment fraud continues to become more sophisticated, many payments companies advocate for a return to fundamental security practices while using new technologies to protect...

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The Trust Factor: Why It’s Crucial for Business Continuity and Resilience
The Trust Factor: Why It’s Crucial for Business Continuity and Resilience
August 21, 2024  |  B2B Payments

In a business landscape where the only certainty is uncertainty, the power of preparation, adaptability and a strong, resilient culture are increasingly important. The digital...

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Cybercrime Goes Corporate as Ransomware Gangs Seek Bigger Payouts
Cybercrime Goes Corporate as Ransomware Gangs Seek Bigger Payouts
August 20, 2024  |  Security & Fraud

In periods of softening consumer spend, businesses are increasingly turning to the vast B2B marketplace to boost their bottom-line. They aren’t alone. Criminals have taken...

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Account Onboarding Gets Its AI Makeover
Account Onboarding Gets Its AI Makeover
August 20, 2024  |  Fraud Prevention

Here’s the thing about fraud: You don’t want to have to calculate the ROI of fraud when it’s too late. Because the flip side can...

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Mastercard Executive Urges Companies to Embed Security in Their Business DNA
Mastercard Executive Urges Companies to Embed Security in Their Business DNA
August 20, 2024  |  Cybersecurity

In today’s operating landscape, cybersafety and business success tend to go hand in hand. While understanding the tactics, techniques and procedures (TTPs) employed by a...

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Cyberattack Surge Demands Culture of Proactive Security
Cyberattack Surge Demands Culture of Proactive Security
August 19, 2024  |  Cybersecurity

Death and taxes have long been life’s unavoidable realities. Now, add to that list the rising prevalence of cyberattacks — and the growing imperative for...

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The Clearing House CISO Says Multilayered Defense Key to Operational Resilience
The Clearing House CISO Says Multilayered Defense Key to Operational Resilience
August 19, 2024  |  Cybersecurity

In today’s hyper-connected operating environment, the question is not if a business will face a cyberthreat, but when. “Security events and security alerts are something...

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