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.

PYMNTS AM Radar: Amazon Vs Shopify; WhatsApp Office; Digital LatAm; Crime-as-a-Service; Main Street Recovery
PYMNTS AM Radar: Amazon Vs Shopify; WhatsApp Office; Digital LatAm; Crime-as-a-Service; Main Street Recovery
April 21, 2022  |  Commerce

It’s Thursday (April 21), and Shopify is nipping at Amazon’s heels, making the eCommerce behemoth rethink its relationship with merchants. Meanwhile, WhatsApp wants to move...

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Tackling Money Launderers Means Shutting Down Financial Crime-as-a-Service
Tackling Money Launderers Means Shutting Down Financial Crime-as-a-Service
April 21, 2022  |  Security & Fraud

First comes fraud, then comes money laundering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Feds Charge 20 in Alleged $150M COVID Fraud Schemes
Feds Charge 20 in Alleged $150M COVID Fraud Schemes
April 20, 2022  |  Legal

Federal prosecutors have filed charges against a number of people over the past few weeks for allegedly carrying out a variety of scams connected to...

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PYMNTS AM Radar: Grubhub for Sale; Trend Spotting; Old Banks, New Tricks; SMB Support
PYMNTS AM Radar: Grubhub for Sale; Trend Spotting; Old Banks, New Tricks; SMB Support
April 20, 2022  |  Partnerships / Acquisitions

Today is Wednesday, April 20 and Just Eat Takeaway is conceding to investors and looking for a buyer for its U.S. arm Grubhub. Plus, smaller...

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Inside Visa’s Fraud-Fighting Cyber Machine
Inside Visa’s Fraud-Fighting Cyber Machine
April 20, 2022  |  Cybersecurity

We’re a long way from the days of the “Nigerian prince” email scams. Get the Full Story Complete the form to unlock this article and...

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EU Banking Authority Payment Fraud Consult May Impact PSD2
EU Banking Authority Payment Fraud Consult May Impact PSD2
April 18, 2022  |  Bank Regulation

The European Banking Authority (EBA) on Tuesday, April 19 will close a public consultation launched in January to better understand certain trends of payment fraud...

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Banks Deploy Cryptographic Fingerprints to Combat Duplicate Trade Financing Fraud
Banks Deploy Cryptographic Fingerprints to Combat Duplicate Trade Financing Fraud
April 18, 2022  |  B2B Payments

When Surecomp announced Tuesday (April 12) a solution to mitigate the risk of duplicate trade financing fraud, the company tackled a type of fraud that...

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PYMNTS AM Radar: Shopping with Bitcoin; Office Makeover; Subscription Model Facelift; Fighting Fraudsters; DOJ Tightens Leniency 
PYMNTS AM Radar: Shopping with Bitcoin; Office Makeover; Subscription Model Facelift; Fighting Fraudsters; DOJ Tightens...
April 18, 2022  |  Commerce

It’s Monday, April 18 and today is tax day. While you can’t pay your taxes in cryptocurrency, your eCurrency gains are taxable. But if you...

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Multistep Validation Helps Buyers Slam the Gate on B2B Payments Fraud
Multistep Validation Helps Buyers Slam the Gate on B2B Payments Fraud
April 18, 2022  |  B2B Payments

The fraudsters just keep getting more brazen. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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