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.

Report: Extensive Credit Suisse Leak Shows Alleged Criminal Ties
Report: Extensive Credit Suisse Leak Shows Alleged Criminal Ties
February 21, 2022  |  Bank Regulation

Credit Suisse has been scrambling to cut down on fallout after newspapers reported on over 18,000 leaked accounts connected to criminals, reported human rights abusers...

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Machine Learning Helps Financial Institutions Balance Risk, Innovation
Machine Learning Helps Financial Institutions Balance Risk, Innovation
February 21, 2022  |  Fraud Prevention

Five years ago, digital transformation in banking was focused on a product or a certain business line, but more recently, innovation has become an imperative....

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PYMNTS Crypto Basics Series: How to Lose Your Crypto Without Being Hacked
PYMNTS Crypto Basics Series: How to Lose Your Crypto Without Being Hacked
February 21, 2022  |  Cryptocurrency

Bitcoin, blockchain and cryptocurrency are words that most people have at least heard of since the industry exploded into the mainstream public consciousness in 2021....

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Fake Businesses Emerge as New Front in War on ID Fraud
Fake Businesses Emerge as New Front in War on ID Fraud
February 21, 2022  |  Security & Fraud

As digital commerce and payments grow, fraud grows with it. That’s going to get worse before it gets better as merchants and their payments partners...

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China Warns About Frauds in the Metaverse
China Warns About Frauds in the Metaverse
February 20, 2022  |  Metaverse

The Chinese government has issued a notice against various frauds associated with the metaverse, Coinspeaker reported Friday (Feb. 18). Get the Full Story Complete the...

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Today in the Connected Economy: Parking Operators Trying to Combat QR Code Fraud; Trax, Raistone Partner on Invoice Payment Extensions
Today in the Connected Economy: Parking Operators Trying to Combat QR Code Fraud; Trax, Raistone...
February 18, 2022  |  Connected Economy

Today in the connected economy, Massmart enhances eCommerce offerings in South Africa thanks to a partnership with Mastercard, and Nepal becomes the first country outside...

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US, Brazil, Paraguay Meet to Fight Transnational Organized Crime
US, Brazil, Paraguay Meet to Fight Transnational Organized Crime
February 18, 2022  |  International

Some of the top minds in law enforcement from the U.S., Brazil and Paraguay had a meeting this week to devise tactics to combat the...

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Parking Operators Deploy Digital Tools, Education to Combat QR Code Fraud
Parking Operators Deploy Digital Tools, Education to Combat QR Code Fraud
February 18, 2022  |  Security & Fraud

If you see a brand-new, shiny QR code sticker on an older, weathered sign, you should take a closer look before using it or allowing...

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Peaceful Coexistence: The Need for Speed and the Necessity for Security in Real-Time Payments
Peaceful Coexistence: The Need for Speed and the Necessity for Security in Real-Time Payments
February 18, 2022  |  Fraud Prevention

Consumers always want more speed and expect security to always be top-notch, but traditionally there’s been a trade-off. Get the Full Story Complete the form...

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