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.

Ukraine Cyber Police Thwart $3M Phishing Campaign

Ukraine Cyber Police Thwart $3M Phishing Campaign
Ukraine Cyber Police Thwart $3M Phishing Campaign
July 05, 2022  |  Cybersecurity

Nine people were arrested following the interception of a European Union payments phishing campaign that allegedly defrauded over 5,000 citizens of Ukraine of more than...

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PYMNTS Am Radar: Livestreaming Upset; Unexpected Pinches; Weakest Link; Healthcare Foundation; ICYMI
PYMNTS Am Radar: Livestreaming Upset; Unexpected Pinches; Weakest Link; Healthcare Foundation; ICYMI
July 05, 2022  |  Consumer Finance

Today is Tuesday, July 5 and on this day in 1946 — the first war-free summer since World War II ended in September 1945 —...

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PayPal’s Fraud Chief Says ‘Story-Based’ Analytics Can Fix eCommerce’s Weakest Link
PayPal’s Fraud Chief Says ‘Story-Based’ Analytics Can Fix eCommerce’s Weakest Link
July 05, 2022  |  eCommerce

The chain of command in eCommerce is made up of links. And those links go something like this:  Get the Full Story Complete the form...

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Wirecard’s Stephan von Erffa Reportedly Admits Forging Documents for Audit
Wirecard’s Stephan von Erffa Reportedly Admits Forging Documents for Audit
July 04, 2022  |  Security & Fraud

Stephan von Erffa, Wirecard’s former head of accounting, has reportedly admitted to forging documents in the case that has been going on for several years...

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Weekly TechREG EMEA: EU Agrees on Crypto Regulation With Strict Controls on Stablecoins; EU Banking Regulator Proposes Standard APIs To Boost Open Banking 
Weekly TechREG EMEA: EU Agrees on Crypto Regulation With Strict Controls on Stablecoins; EU Banking...
July 01, 2022  |  Regulation

This week the most notorious development in the TechREG space is the agreement reached by EU institutions on the scope of the regulation that will...

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PYMNTS AM Radar: Third-Party Ecosystems; Digital Resolve; Unfriendly Friendly Fraud; ICYMI
PYMNTS AM Radar: Third-Party Ecosystems; Digital Resolve; Unfriendly Friendly Fraud; ICYMI
July 01, 2022  |  Technology

Today is Friday, July 1 and we’re halfway to kissing 2022 goodbye as the S&P 500 closes its worst first half since 1970 and copper...

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New Tech Arms Merchants With Evidence to Stop Friendly Fraud
New Tech Arms Merchants With Evidence to Stop Friendly Fraud
July 01, 2022  |  Security & Fraud

Tal Yeshanov, head of risk and strategic financial operations at Plastiq, said the term “friendly fraud” is a pleasant way of masking over a growing...

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Today in TechREG: EU Lawmakers Look to Pass Online Platform Bills Next Week; Wells Fargo, Zelle Dodged Fraud Lawsuit
Today in TechREG: EU Lawmakers Look to Pass Online Platform Bills Next Week; Wells Fargo,...
June 29, 2022  |  Regulation

Today in TechREG, allegations of fraud and scams against Walmart, Wells Fargo and Zelle followed very different paths. Whereas the lawsuit against the banking giant...

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