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.

4 Ways Businesses Can Better Handle Fraud Risk
4 Ways Businesses Can Better Handle Fraud Risk
June 06, 2022  |  Security & Fraud

At this point, it’s not a matter of if a business will be victimized by fraud; it’s a matter of when. That air of inevitability,...

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The Data Point: 47% of Firms Say Growth Is Being Slowed Due to Fraud Fears
The Data Point: 47% of Firms Say Growth Is Being Slowed Due to Fraud Fears
June 06, 2022  |  Fraud Prevention

More business is going into digital channels and will continue to, and that fact is driving historic spikes in online fraud that are holding businesses...

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PYMNTS AM Radar: Ant Banks on Singapore; Healthcare Convenience; Stunted by Fraud; ICYMI
PYMNTS AM Radar: Ant Banks on Singapore; Healthcare Convenience; Stunted by Fraud; ICYMI
June 06, 2022  |  News

Today is Monday, June 6 and Tesla is slashing 20% of its workforce while Elon Musk’s deal to buy Twitter hangs in limbo after scaling...

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FTC: Consumers Lost Over $1B to Crypto Scams in ’21, Q1 ’22
FTC: Consumers Lost Over $1B to Crypto Scams in ’21, Q1 ’22
June 05, 2022  |  Security & Fraud

Crypto fraud claimed more than $1 billion in losses from consumers between January 2021 and March 2022, according to a Friday (June 3) press release...

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Today in Data: Banking Customers Pick Security Over Convenience
Today in Data: Banking Customers Pick Security Over Convenience
June 03, 2022  |  Today In Data

Today in data, a majority of digital banking customers in the U.S. say they value security more than convenience. Get the Full Story Complete the...

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Wells Fargo Facing Class-Action Lawsuit Over Alleged Zelle Scams
Wells Fargo Facing Class-Action Lawsuit Over Alleged Zelle Scams
June 03, 2022  |  Security & Fraud

Wells Fargo and money transfer service Zelle are facing a class-action lawsuit on allegations of violating the Electronic Fund Transfer Act and California’s Unfair Competition...

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Incognia Grabs $15.5M to Increase Its ID Fraud-Fighting Efforts
Incognia Grabs $15.5M to Increase Its ID Fraud-Fighting Efforts
June 02, 2022  |  Investments

Mobile identity platform Incognia on Thursday (June 2) finalized a $15.5 million Series A fundraising round that it plans to use for continued growth of...

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Today in Retail: GameStop Increases Its Digital Focus; Fighting Back Against the Rise of Friendly Fraud
Today in Retail: GameStop Increases Its Digital Focus; Fighting Back Against the Rise of Friendly...
June 02, 2022  |  Retail

Today in retail, Walmart’s eCommerce head refers to its 4,700 stores as “shoppable fulfillment centers.” Plus, online sneaker startup KicksCrew is expanding its reach, Walmart...

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PYMNTS AM Radar: Digital Brazil; Security for the Win; Check Fraud; You’ve Been Scammed; ICYMI
PYMNTS AM Radar: Digital Brazil; Security for the Win; Check Fraud; You’ve Been Scammed; ICYMI
June 02, 2022  |  Security & Fraud

Today is Thursday, June 2, and Britain is celebrating its longest-reigning monarch, Queen Elizabeth II, in her Platinum Jubilee year. For regular people, that means...

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