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.

Cybersecurity Firms Challenge ‘Professional Fraudsters’ With Customer-Friendly Protections

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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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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Today in B2B: Invoicing, Supplier Portals Lead to Smoother Payments; Digital Processes Reduce Fraud
Today in B2B: Invoicing, Supplier Portals Lead to Smoother Payments; Digital Processes Reduce Fraud
July 05, 2022  |  B2B Payments

Today in B2B payments, cross-border payments streamline eCommerce opportunities in China, while qiibee expands its blockchain-based B2B rewards marketplace. Plus, Tesorio raises $17 million amid...

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UK Banks Held to Higher Standards as APP Fraud Skyrockets
UK Banks Held to Higher Standards as APP Fraud Skyrockets
July 05, 2022  |  Security & Fraud

Authorized push payments (APP) fraud in the U.K. amounted to £583 million ($706 million) last year as financial fraud in the country increased 39% from...

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