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.

Citing Crypto Threats, ‘Must-Pass’ Bill Would Allow Broader Transaction Bans
Citing Crypto Threats, ‘Must-Pass’ Bill Would Allow Broader Transaction Bans
January 28, 2022  |  Cryptocurrency

A provision in the House’s version of the America COMPETES Act would strip the requirement for public notice and the time limit on the Treasury...

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Navigating The Challenges Of Cryptocurrency Payment Acceptance
Navigating The Challenges Of Cryptocurrency Payment Acceptance
January 28, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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As Money Laundering Booms, Crypto Thieves Flock to DeFi
As Money Laundering Booms, Crypto Thieves Flock to DeFi
January 27, 2022  |  Security & Fraud

The amount cryptocurrency stolen, scammed and blackmailed nearly doubled in 2021. So, it stands to reason that money laundering would be up as well. Get...

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Banks and Businesses Say Fraud Isn’t a Problem — Until It Happens to Them
Banks and Businesses Say Fraud Isn’t a Problem — Until It Happens to Them
January 26, 2022  |  Security & Fraud

Most people think their relatively paltry sum of money isn’t enough to make them the target of fraud, especially when there are so many other...

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When It Comes to Payments Fraud, Criminals Are Going Big
When It Comes to Payments Fraud, Criminals Are Going Big
January 26, 2022  |  Fraud Attack

Thirty percent of chief financial officers are responsible for their organization’s IT departments, but that doesn’t mean finance departments and IT operations are always working...

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Researcher Highlights Potential Security Vulnerabilities of Connected Cars
Researcher Highlights Potential Security Vulnerabilities of Connected Cars
January 25, 2022  |  Connected Economy

Imagine getting an email telling you that someone had hacked into your connected car and not only found your email address, but also gained control...

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As BNPL Grows, So Does Threat of Fraud
As BNPL Grows, So Does Threat of Fraud
January 24, 2022  |  BNPL

The rising popularity of buy now, pay later (BNPL) options has made fraud prevention increasingly important for the providers and merchants offering it. Get the...

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PYMNTS Crypto Crime Series: In India Hacking Case, Bitcoin Trail Leads to Hamas
PYMNTS Crypto Crime Series: In India Hacking Case, Bitcoin Trail Leads to Hamas
January 24, 2022  |  Security & Fraud

Three years ago, the digital wallet of a west Delhi, India, cryptocurrency investor was hacked, and more than a half million dollars in bitcoin, ether...

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Financial Crime Swamps Government Efforts, Demanding a High-Tech Approach
Financial Crime Swamps Government Efforts, Demanding a High-Tech Approach
January 24, 2022  |  Security & Fraud

Financial crime — you can call it economic crime, too — is, of course, everywhere. Get the Full Story Complete the form to unlock this...

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