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.

LexisNexis Risk Solutions Buys BehavioSec for Behavioral Biometrics
LexisNexis Risk Solutions Buys BehavioSec for Behavioral Biometrics
May 04, 2022  |  Acquisitions

LexisNexis Risk Solutions, part of RELX, acquired behavioral biometrics technology provider BehavioSec, according to a company press release Tuesday (May 3). Get the Full Story...

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Early Warning Services Unveils Synthetic ID Fraud Tool
Early Warning Services Unveils Synthetic ID Fraud Tool
May 03, 2022  |  Identity

Early Warning Services has launched Verify Identity, a synthetic identity fraud detection solution for qualifying financial services organizations (FSOs), mobile network providers, corporations and government...

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US, UK Businesses Split Over Fraud-Fighting Ability of Enhanced X-Border Payments Tech
US, UK Businesses Split Over Fraud-Fighting Ability of Enhanced X-Border Payments Tech
May 02, 2022  |  B2B Payments

Half or more of the U.S. and U.K. businesses that are planning cross-border payments innovations expect them to yield three primary benefits: reduced costs, improved...

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Joint Chiefs of Global Tax Enforcement Eye NFT Risks
Joint Chiefs of Global Tax Enforcement Eye NFT Risks
April 29, 2022  |  NFTs

The Joint Chiefs of Global Tax Enforcement (J5) have released an intelligence bulletin called the “J5 NFT Marketplace Red Flag Indicators” that warns banks, law...

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PYMNTS Intelligence: Leveraging Behavioral Analytics to Complement Other Fraud Prevention Measures
PYMNTS Intelligence: Leveraging Behavioral Analytics to Complement Other Fraud Prevention Measures
April 29, 2022  |  Authentication

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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Today in B2B: P97, Viva Energy Team on Contactless Payments; Square Launches Loan Program
Today in B2B: P97, Viva Energy Team on Contactless Payments; Square Launches Loan Program
April 28, 2022  |  B2B Payments

Today in B2B payments, P97 and Viva Energy collaborate on contactless payments for the Australian trucking industry, while Square launches a loan program for Canadian...

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Today in Data: Hackers Don’t Scare Crypto Investors
Today in Data: Hackers Don’t Scare Crypto Investors
April 28, 2022  |  Today In Data

Today in data, a rash of recent hacks on cryptocurrency projects has not kept investors from wanting to continue to back them. Get the Full...

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Public-Private Collaboration Crucial to Innovating Digital Identity
Public-Private Collaboration Crucial to Innovating Digital Identity
April 28, 2022  |  Security & Fraud

A few weeks ago, the Federal Deposit Insurance Corporation (FDIC) and the Financial Crimes Enforcement Network (FinCEN) organized a Tech Sprint, inviting experts from the...

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Crypto’s Furtive Past on Display With Guilty Plea in $750M Shadow Banking Case
Crypto’s Furtive Past on Display With Guilty Plea in $750M Shadow Banking Case
April 27, 2022  |  Cryptocurrency

An alleged shadow banker for cryptocurrency exchanges is facing up to 90 years in jail after pleading guilty to bank fraud, bank fraud conspiracy and...

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