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.

Spike in BNPL Fraud Prompts Cybersecurity ‘Arms Race’
Spike in BNPL Fraud Prompts Cybersecurity ‘Arms Race’
June 24, 2022  |  Security & Fraud

Paper checks, credit cards, bank accounts — all have been favored targets of fraudsters over the years. Enter buy now, pay later (BNPL), the latest...

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Today in TechREG: CFPB Probes Late Fees; UK FCA to Tap AI, Tackle Online Scams
Today in TechREG: CFPB Probes Late Fees; UK FCA to Tap AI, Tackle Online Scams
June 23, 2022  |  Technology

Today in technology regulation news, the U.K.’s Financial Conduct Authority (FCA) announced a new plan to use data analytics and AI to identify and prevent...

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Reserve Bank of India to Test Blockchain-Based Trade Financing Effort
Reserve Bank of India to Test Blockchain-Based Trade Financing Effort
June 23, 2022  |  Digital Banking

The Reserve Bank of India (RBI) has locked in HDFC Bank, ICICI Bank and State Bank of India among almost a dozen lenders across the...

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FedEx ‘Picture Proof’ Is Latest Salvo vs. Friendly Fraud
FedEx ‘Picture Proof’ Is Latest Salvo vs. Friendly Fraud
June 23, 2022  |  Delivery

For eCommerce, call it a photo finish. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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PYMNTS AM Radar: Outsmarting Fraudsters; Bitcoin History Tell-All; BNPL Regs; Faster Access; ICYMI
PYMNTS AM Radar: Outsmarting Fraudsters; Bitcoin History Tell-All; BNPL Regs; Faster Access; ICYMI
June 22, 2022  |  Technology

Today is Wednesday, June 22 and Google News is turning 20 this year and getting a facelift. The redesign is inspired by user feedback and...

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FTC Warns Congress About Using AI to Combat Harmful Speech
FTC Warns Congress About Using AI to Combat Harmful Speech
June 22, 2022  |  artificial intelligence

The U.S. Federal Trade Commission (FTC) issued a report to Congress last week, on June 16, warning about using artificial intelligence (AI) to combat online...

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Travel Recovery in South Korea Makes Strong Case for Localized Payments
Travel Recovery in South Korea Makes Strong Case for Localized Payments
June 22, 2022  |  Travel Payments

Neither pandemic flareups nor inflation will deter adventurous South Korean travelers from booking travel in a recovery year, but it’s an advanced market that demands...

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How to Catch a Cyberthief
How to Catch a Cyberthief
June 22, 2022  |  Security & Fraud

It’s a scary fact, but anti-fraud experts agree that cybertheft rings are now well-funded multinationals with revenue goals of their own. Even worse, they now...

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FTC Sending $9.7M to Yellowstone Capital Victims
FTC Sending $9.7M to Yellowstone Capital Victims
June 21, 2022  |  Security & Fraud

The U.S. Federal Trade Commission announced Tuesday (June 21) that it is sending 7,731 checks totaling more than $9.7 million to small businesses hurt by...

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