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.

Weekly TechREG US: Federal Agencies Respond to Biden’s Crypto Executive Order; Bank Regulators Urged Banks to Conduct Customer Due Diligence, Avoid De-risking Practices 
Weekly TechREG US: Federal Agencies Respond to Biden’s Crypto Executive Order; Bank Regulators Urged Banks...
July 08, 2022  |  Regulation

This week, the U.S. Treasury proposed to the White House a plan to strengthen international cooperation on crypto regulation to make sure that the country...

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PYMNTS AM Radar: Age of Change; Smart Convenience; Digital Transformation Momentum; Fighting Professional Fraudsters; ICYMI
PYMNTS AM Radar: Age of Change; Smart Convenience; Digital Transformation Momentum; Fighting Professional Fraudsters; ICYMI
July 08, 2022  |  News

Today is Friday, July 8 and in one of the world’s safest countries, a former prime minister was shot dead while giving a speech. Shinzo...

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Cybersecurity Firms Challenge ‘Professional Fraudsters’ With Customer-Friendly Protections
Cybersecurity Firms Challenge ‘Professional Fraudsters’ With Customer-Friendly Protections
July 08, 2022  |  Security & Fraud

Is “fraudster” a title or job description of some kind? Perhaps it should be, because when shopping or sending money online, you’re never totally sure...

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AML Software Firm Lucinity Raises $17M
AML Software Firm Lucinity Raises $17M
July 07, 2022  |  Investments

Anti-money laundering (AML) software maker Lucinity has raised $17 million in a Series B round, the Icelandic company announced Thursday (July 7). Get the Full...

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Today in TechREG: Boris Johnson Resignation May Delay Crypto, BNPL Legislation; US Banks Urged to Take More Measured Approach to Customer Due Diligence 
Today in TechREG: Boris Johnson Resignation May Delay Crypto, BNPL Legislation; US Banks Urged to...
July 07, 2022  |  Regulation

Today the U.K. Prime Minister announced his resignation, and this decision may delay the adoption of new regulation on crypto assets and Buy Now Pay...

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Money Mobility Tracker: Adopting Security, AML, Anti-Fraud Measures
Money Mobility Tracker: Adopting Security, AML, Anti-Fraud Measures
July 07, 2022  |  Security & Fraud

Figuring out the best way to maximize money mobility is the goal in today’s digital-first economy, but digital banking’s vulnerability to bad actors has made...

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Today in TechREG: Amazon Faces a New UK Antitrust Investigation; Department of Commerce Urged to Slow Roll CBDCs and Clarify Crypto Rules 
Today in TechREG: Amazon Faces a New UK Antitrust Investigation; Department of Commerce Urged to...
July 06, 2022  |  Regulation

Today, the U.K. Competition Markets Authority launched an investigation against Amazon for allegedly giving its own sellers an unfair advantage in its marketplace over third...

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Anti-Fraud and Anti-Money Laundering: Two Sides of the Same Coin
Anti-Fraud and Anti-Money Laundering: Two Sides of the Same Coin
July 06, 2022  |  AML

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

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Law Firm Probes Zelle’s Unauthorized Fraud Reimbursement Position
Law Firm Probes Zelle’s Unauthorized Fraud Reimbursement Position
July 06, 2022  |  Security & Fraud

A San Francisco law firm says it is investigating the fraud reimbursement practices of a number of major American banks that use the Zelle peer-to-peer...

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