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.

Three-Quarters of Financial Firms See Identity Inconsistencies

Three-Quarters of Financial Firms See Identity Inconsistencies
Three-Quarters of Financial Firms See Identity Inconsistencies
July 10, 2026  |  Authentication

Digital revenue has turned identity verification from a back-office control into a front-door growth issue for financial services firms. Get the Full Story Complete the...

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Block Pays $45 Million to Settle 46-State Probe Into Cash App Fraud Protection and Resolution
Block Pays $45 Million to Settle 46-State Probe Into Cash App Fraud Protection and Resolution
July 09, 2026  |  Legal & Regulation

Block will pay $45 million to settle allegations from 46 states that the company misled consumers about the safety of its peer-to-peer payments app, Cash App, and failed to...

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42% of Issuers Say AI Has Cut Fraud Losses by at Least $5 Million
42% of Issuers Say AI Has Cut Fraud Losses by at Least $5 Million
July 08, 2026  |  Fraud Prevention

Payments used to be judged by whether they moved money quickly. Now they are judged by how well they make decisions before, during and after...

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Three Strategies to Reduce Payments Friction Before Revenue Suffers
Three Strategies to Reduce Payments Friction Before Revenue Suffers
July 07, 2026  |  Payments Innovation

Payments friction has acquired a price tag. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Gift Card Loophole Gives Hackers a New Way to Cash Out
Gift Card Loophole Gives Hackers a New Way to Cash Out
July 06, 2026  |  Cybersecurity

Every artificial intelligence (AI) platform that stores a payment method and adds a gifting feature has created a new monetization surface for account takeover fraud....

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Credit Unions Fight Fraud by Connecting Member Data Faster
Credit Unions Fight Fraud by Connecting Member Data Faster
July 06, 2026  |  Credit Unions

Fraud has become a moving target for credit unions, and the pace of change is forcing institutions to rethink how they protect members without slowing...

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LexisNexis and Promon Help Brands Fight Rising Mobile App Fraud
LexisNexis and Promon Help Brands Fight Rising Mobile App Fraud
July 03, 2026  |  Fraud Prevention

LexisNexis Risk Solutions and Promon are working together to help organizations protect their mobile apps from fraud. Get the Full Story Complete the form to...

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Visa Lets Banks Access Its In-House Cybersecurity Capabilities
Visa Lets Banks Access Its In-House Cybersecurity Capabilities
July 02, 2026  |  Cybersecurity

Visa debuted a solution designed to help financial institutions spot cyberthreats and prevent fraud, according to a Thursday (July 2) press release. Get the Full...

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