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.

Nordic AP Automation Platform Palette Software Rebrands as Rillion for US Debut
Nordic AP Automation Platform Palette Software Rebrands as Rillion for US Debut
May 11, 2022  |  B2B Payments

Global Software-as-a-Service (SaaS) solutions provider Rillion has rebranded from its original name, Palette Software, amid its United States debut, according to a press release. Get...

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UK Bill to Give Regulator Power to Require Scam Reimbursement
UK Bill to Give Regulator Power to Require Scam Reimbursement
May 10, 2022  |  Regulation

The U.K.’s Payment Systems Regulator (PSR) is gaining the ability to make banks provide compensation to victims of “push payment scams,” the Financial Times reported...

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CFPB Faces Fraud, Privacy Concerns in Open Banking Rules
CFPB Faces Fraud, Privacy Concerns in Open Banking Rules
May 10, 2022  |  CFPB

On April 26 and 27, during his testimonies at the Senate and the House, Rohit Chopra, Director of the Consumer Financial Protection Bureau (CFPB) offered...

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Entersekt, Capitec Team to Improve eCommerce Security
Entersekt, Capitec Team to Improve eCommerce Security
May 10, 2022  |  Partnerships

Device identity and authentication solutions provider Entersekt is working with South Africa’s Capitec Bank to improve the security of eCommerce payments, according to a Tuesday...

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Mining Capital Coin CEO Indicted in $62M Crypto Fraud Scheme
Mining Capital Coin CEO Indicted in $62M Crypto Fraud Scheme
May 06, 2022  |  Security & Fraud

Mining Capital Coin CEO and founder Luiz Capuci Jr. was indicted for allegedly masterminding a $62 million global investment fraud scheme through his purported cryptocurrency...

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Jane on Protecting Retail Customer Data With Digital Identity Verification
Jane on Protecting Retail Customer Data With Digital Identity Verification
May 06, 2022  |  eCommerce

It's a war out there for eCommerce marketplaces right now, as they face a swirl of fraud attempts and bot attacks looking to steal customer...

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EU May Change Crypto Regs to Include NFTs
EU May Change Crypto Regs to Include NFTs
May 06, 2022  |  Cryptocurrency

The European Union is getting closer to adopting new rules for crypto assets, the so-called MiCA regulation (Markets in Crypto Assets) — but the nearer...

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How MFA Helps Retailers Fight Fraud
How MFA Helps Retailers Fight Fraud
May 05, 2022  |  Identity

eCommerce fraud is a fast-growing problem, with scammers working every day to steal customers’ data, corporate funds, and consumer goods on a daily basis. Get...

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PYMNTS AM Radar: Fraud Fighting MFA; Consumerizing B2B Payments; BNPL for Steel; Netflix Sued; ICYMI
PYMNTS AM Radar: Fraud Fighting MFA; Consumerizing B2B Payments; BNPL for Steel; Netflix Sued; ICYMI
May 05, 2022  |  Payment Methods

Today is Thursday, May 5 and shareholders are hopping mad about Netflix’s share price and allege that the streaming giant forgot to mention subscriber numbers...

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