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.

BitConnect Fraud Indictment Highlights the ICO Era Driving Crypto Enforcement Today
BitConnect Fraud Indictment Highlights the ICO Era Driving Crypto Enforcement Today
February 28, 2022  |  Security & Fraud

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Neobank Weekly: Revolut Launches New Initiative; Monzo Issues Scam Warning
Neobank Weekly: Revolut Launches New Initiative; Monzo Issues Scam Warning
February 25, 2022  |  Digital Banking

Revolut Launches New Initiative This Week Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Poland Expects More Cyberattacks on Government Platforms
Poland Expects More Cyberattacks on Government Platforms
February 25, 2022  |  Security & Fraud

The Polish government and the nation’s payment clearinghouse have experienced more cyberattacks recently, the federal chief of cybersecurity said Friday (Feb. 25), Reuters reported. Get...

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The Perils Of “One-Size-Fits-All” Authentication
The Perils Of “One-Size-Fits-All” Authentication
February 25, 2022  |  Fraud Prevention

Businesses face an array of challenges when authenticating customers, often because they rely on a single security stack. Get the Full Story Complete the form...

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Automated Certification Emerges as Key Line of Defense in Banks’ Fight Against Hackers
Automated Certification Emerges as Key Line of Defense in Banks’ Fight Against Hackers
February 25, 2022  |  Security & Fraud

Open a newspaper, turn on the TV or click on a link, and you’ll see any number of headlines — seemingly every day — that...

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Utility Scams Using Mobile Payment Apps Rise 150% From January ’21
Utility Scams Using Mobile Payment Apps Rise 150% From January ’21
February 24, 2022  |  Security & Fraud

Scams targeting users of mobile payment apps such as Cash App, QuickPay, Venmo and Zelle are surging, the Better Business Bureau and Illinois utility Commonwealth...

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One-Size-Fits-All Solutions Fail to Keep Pace With Rising Payments Fraud
One-Size-Fits-All Solutions Fail to Keep Pace With Rising Payments Fraud
February 24, 2022  |  Fraud Prevention

Cybercrime is nothing if not varied. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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61% of CFOs Cite Transparency Gains as Perk of AP/AR Digitization
61% of CFOs Cite Transparency Gains as Perk of AP/AR Digitization
February 22, 2022  |  B2B Payments

Low visibility into payments journeys has left accounts payable (AP) departments vulnerable to cyberattacks. Throughout the pandemic, businesses’ remote workspaces have been plagued by fraud...

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FTC: Consumer Fraud Jumped 70% in 2021
FTC: Consumer Fraud Jumped 70% in 2021
February 22, 2022  |  Fraud Attack

Consumers reported losing more than $5.8 billion to fraud in 2021, a 70% jump from the year before, the Federal Trade Commission (FTC) said Tuesday...

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