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.

ModCloth’s Data-Driven Approach to Tackling Fraud, Reducing False Positives
ModCloth’s Data-Driven Approach to Tackling Fraud, Reducing False Positives
September 08, 2021  |  Fraud Prevention

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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With Proper Regs, Crypto Could Be Crime-Fighter Rather Than Criminal Favorite
With Proper Regs, Crypto Could Be Crime-Fighter Rather Than Criminal Favorite
September 08, 2021  |  Cryptocurrency

The U.S government has made a lot of noise in recent weeks about the need for tougher regulation in crypto to prevent it from being...

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Bitcoin Daily: FCA Chair Calls for Stricter Regulations on Platforms Promoting Crypto
Bitcoin Daily: FCA Chair Calls for Stricter Regulations on Platforms Promoting Crypto
September 06, 2021  |  Bitcoin

Charles Randell, head of the U.K. Financial Conduct Authority (FCA), has said regulators in the country should be given more power to protect consumers from...

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Brazil Limits Pix Payments Amid Kidnapping Spree 
Brazil Limits Pix Payments Amid Kidnapping Spree 
September 06, 2021  |  International

A rash of “lightning kidnappings” in Brazil has forced the country’s central bank to restrict use of the Pix payment platform.  Get the Full Story...

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APIs Enable Shortcuts for US and Brazilian Cross-Border Commerce
APIs Enable Shortcuts for US and Brazilian Cross-Border Commerce
September 03, 2021  |  Cross-border Payments

As millions of consumers shifted their shopping activities online, businesses faced numerous barriers when meeting them there, particularly companies seeking to penetrate the United States...

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Report: What 100 Healthcare Execs Had to Say About Using AI to Stop Fraud, Waste and Abuse
Report: What 100 Healthcare Execs Had to Say About Using AI to Stop Fraud, Waste...
September 03, 2021  |  Artificial Intelligence

The average United States healthcare insurer has 22% of all claims flagged for fraud, waste and abuse (FWA) investigation, costing them roughly 12% of the...

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Retailers Fight Theft Rings That Steal and Resell Goods Online
Retailers Fight Theft Rings That Steal and Resell Goods Online
September 02, 2021  |  Security & Fraud

When finding deals online at a lower cost than in-store, it could mean eCommerce sellers are peddling stolen goods, according to a Thursday (Sept. 2)...

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Veridian Credit Union on the Advantages Real-Time Payments Can Provide for FIs
Veridian Credit Union on the Advantages Real-Time Payments Can Provide for FIs
September 02, 2021  |  Payments Innovation

As credit unions embrace real-time payments as a way to compete with their digital-first rivals, they’re also encountering new security challenges. In this month’s Real-Time...

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Merchants Fight Back as AI, Big Data Offer Unprecedented Cyber Defenses
Merchants Fight Back as AI, Big Data Offer Unprecedented Cyber Defenses
September 02, 2021  |  Retail

For anyone who has experienced fraud — be they retailer, restaurant or consumer — it’s a nightmare situation of filled with stress, lost time and...

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