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.

Risk-Based Authentication Can Improve Customer Experience, Cement Loyalty
Risk-Based Authentication Can Improve Customer Experience, Cement Loyalty
January 24, 2022  |  Authentication

Fraud is always evolving, and financial institutions girding themselves against attacks often find themselves in the unenviable position of being, at most, one or two...

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UK Economic Crime Tops What Gov’t Spends to Fight It, Data Shows
UK Economic Crime Tops What Gov’t Spends to Fight It, Data Shows
January 23, 2022  |  International

A report from anti-graft charity Spotlight on Corruption says economic crime in the U.K. ends up costing the government “hundreds of times more” than the...

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Intuit’s TurboTax Still Being Probed by FTC Despite Limited Power
Intuit’s TurboTax Still Being Probed by FTC Despite Limited Power
January 21, 2022  |  Security & Fraud

The U.S. Federal Trade Commission (FTC) is staying the course with its fraud investigation into Intuit’s TurboTax even though the Supreme Court reeled in the...

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How AP Automation Helps Fight Fraud
How AP Automation Helps Fight Fraud
January 21, 2022  |  Accounts Payable

When the pandemic struck, companies around the world began automating their accounting systems to be able to make and receive payments without having to go...

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The Benefits and Challenges of BNPL
The Benefits and Challenges of BNPL
January 21, 2022  |  Buy Now Pay Later

It’s easy to see why buy now, pay later (BNPL) options are so appealing for consumers. Get the Full Story Complete the form to unlock...

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New Year, Same Fraud: Why Payments Fraud Tactics May Look Much the Same in 2022
New Year, Same Fraud: Why Payments Fraud Tactics May Look Much the Same in 2022
January 21, 2022  |  Security & Fraud

In 2022, when it comes to phishing, application and payments fraud — and all the scams that aim to part us from our money —...

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FBI Warns of QR Code Cybercrimes
FBI Warns of QR Code Cybercrimes
January 20, 2022  |  Security & Fraud

The FBI is warning the public that cybercriminals have been tampering with Quick Response (QR) codes to redirect victims to malicious sites that steal their...

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Gensler: SEC Is Coming for Crypto Exchanges
Gensler: SEC Is Coming for Crypto Exchanges
January 20, 2022  |  Cryptocurrency

Securities and Exchange Commission (SEC) Chair Gary Gensler is making another push to bring cryptocurrency exchanges within his agency’s remit. Get the Full Story Complete...

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PYMNTS Crypto Crime Series: The $612 Million Heist That Wasn’t
PYMNTS Crypto Crime Series: The $612 Million Heist That Wasn’t
January 20, 2022  |  Security & Fraud

What kind of thief gives back $612 million a few days later, saying it was all a prank aimed at showing how poor his victim’s...

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