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.

Global Crime Rings Exploit Meta Platforms, Triggering Bank-Fraud Spike
Global Crime Rings Exploit Meta Platforms, Triggering Bank-Fraud Spike
May 16, 2025  |  Fraud Attack

Criminals are “flooding” Facebook and Instagram with bogus ads and marketplace listings, fueling what The Wall Street Journal calls an “epidemic of scams” that is...

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Coinbase Reimburses Customers Following $20 Million Extortion Attempt
Coinbase Reimburses Customers Following $20 Million Extortion Attempt
May 15, 2025  |  Security & Fraud

Coinbase is reimbursing users following a data breach that turned into an extortion attempt. Get the Full Story Complete the form to unlock this article...

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DEA: US Banks ‘Prime Candidate for Exploitation’ by Money Launderers
DEA: US Banks ‘Prime Candidate for Exploitation’ by Money Launderers
May 15, 2025  |  Security & Fraud

Banks in the United States are increasingly finding themselves ensnared in cartel-connected money laundering operations. Get the Full Story Complete the form to unlock this...

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AI Explainer: How Large Transaction Models Are Securing Payment Flows
AI Explainer: How Large Transaction Models Are Securing Payment Flows
May 14, 2025  |  artificial intelligence

Digital transformation has opened a fire hose of new information flows, particularly around payments and commerce. Get the Full Story Complete the form to unlock...

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Entersekt CEO on Scams: ‘Bigger the Bullet, the Thicker the Armor’
Entersekt CEO on Scams: ‘Bigger the Bullet, the Thicker the Armor’
May 14, 2025  |  Fraud Prevention

If there’s one unwelcome constant in payments, it’s fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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From Faked Invoices to Faked Executives, GenAI Has Transformed Fraud
From Faked Invoices to Faked Executives, GenAI Has Transformed Fraud
May 14, 2025  |  Artificial Intelligence

Generative artificial intelligence, encompassing technologies like deepfakes and advanced voice synthesis, has become a double-edged sword in payments and cybersecurity. Get the Full Story Complete...

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CFPB Aims to Rescind Regulation Requiring Registry of Consumer Law-Breaking Nonbank Financial Companies
CFPB Aims to Rescind Regulation Requiring Registry of Consumer Law-Breaking Nonbank Financial Companies
May 13, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is proposing to rescind the “NBR Rule” it adopted last summer that established a registry of nonbank financial companies that...

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Plaid Updates Identity Verification to Combat GenAI Fraud
Plaid Updates Identity Verification to Combat GenAI Fraud
May 13, 2025  |  Fraud Prevention

Plaid has updated its identity verification (IDV) product to counter the threat posed by fraudsters who use generative artificial intelligence. Get the Full Story Complete...

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Crypto’s Institutional Future Could Hinge on Solving the Risk Puzzle
Crypto’s Institutional Future Could Hinge on Solving the Risk Puzzle
May 13, 2025  |  Cryptocurrency

For digital assets to fulfill their promise of providing real-time, borderless, programmable finance, the blockchains powering them must become mature enough for institutional use. Get...

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