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: Amazon Copied Products, Rigged Search in India
Report: Amazon Copied Products, Rigged Search in India
October 13, 2021  |  Amazon

Amazon employed a campaign of creating copycat merchandise and manipulating search results to give its own products an advantage in India, according to a new...

READ MORE >
Global Fraud Risks Reduced With Real Time, Cross Platform ID Verification
Global Fraud Risks Reduced With Real Time, Cross Platform ID Verification
October 13, 2021  |  Authentication

As firms move beyond domestic markets and capture new business and revenue streams in other countries, they’ve got to step up their efforts to ensure...

READ MORE >
UAE Digital-First Bank Mashreq NEO Debuts Facial Recognition
UAE Digital-First Bank Mashreq NEO Debuts Facial Recognition
October 12, 2021  |  Biometrics

Digital bank Mashreq NEO, based in the United Arab Emirates, is letting residents open bank accounts with facial recognition technology, the Khaleej Times reported. Get...

READ MORE >
Digital River Teams With Salesforce to Launch B2B Commerce App
Digital River Teams With Salesforce to Launch B2B Commerce App
October 12, 2021  |  B2B Payments

Digital River, the global eCommerce enabler, has rolled out an integration with Salesforce Commerce Cloud to help users add a new checkout solution with more...

READ MORE >
Artificial Intelligence is ‘Shining Star’ in Fight Against Healthcare Payments Fraud
Artificial Intelligence is ‘Shining Star’ in Fight Against Healthcare Payments Fraud
October 12, 2021  |  Healthcare

The healthcare industry’s fraud, waste and abuse (FWA) problem has gone from bad to worse during the pandemic, but new signs suggest the insurers and...

READ MORE >
FCC Takes on SIM Swapping With More Stringent ID Security Recommendations
FCC Takes on SIM Swapping With More Stringent ID Security Recommendations
October 10, 2021  |  Security & Fraud

The Federal Communications Commission (FCC) is taking action to put a stop to SIM swapping, a form of fraud in which bad actors can take...

READ MORE >
First Pandemic Loan Scammer Sent To Federal Prison After Faking Suicide
First Pandemic Loan Scammer Sent To Federal Prison After Faking Suicide
October 08, 2021  |  Security & Fraud

A Massachusetts man was remanded to federal prison after being charged with fraudulently obtaining Pandemic Paycheck Protection (PPP) loans in the amount of $543,000 and...

READ MORE >
Citigroup Claims $11B Lex Foundation Lawsuit Is Fraudulent
Citigroup Claims $11B Lex Foundation Lawsuit Is Fraudulent
October 08, 2021  |  Legal

Citigroup says the $11 billion lawsuit from a mysterious money manager is the work of a “fantasist” trying to extort the bank. Get the Full...

READ MORE >
IBM, MonetaGo Team Up to Tackle Trade Finance Fraud
IBM, MonetaGo Team Up to Tackle Trade Finance Fraud
October 06, 2021  |  B2B Payments

IBM is partnering with FinTech startup MonetaGo to tackle trade finance fraud, and it will set its sights first on Southeast Asia, according to a...

READ MORE >