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.

Today in Data: Crypto Is at the Center of the Payments Universe

Today in Data: Crypto Is at the Center of the Payments Universe
Today in Data: Crypto Is at the Center of the Payments Universe
April 14, 2022  |  Today In Data

Today in data, Ark Invest sells its PayPal stake because it believes in Cash App’s cryptocurrency-focused future. Plus, Ethereum Foundation developer Virgil Griffith gets a...

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UK Online Safety Bill Can Reduce Authorized Push Payment Fraud 
UK Online Safety Bill Can Reduce Authorized Push Payment Fraud 
April 14, 2022  |  Cybersecurity

The U.K. Online Safety Bill was introduced in the U.K. Parliament on March 17, 2022, to curb online harms by significantly increasing the responsibilities of...

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5 Things to Start Your Day: Fed Top Cop Slot; Cross-Channel Retail; Card-Not-Present Friction; Amazon-Walmart Smackdown; Buy Now, Regulate Later 
5 Things to Start Your Day: Fed Top Cop Slot; Cross-Channel Retail; Card-Not-Present Friction; Amazon-Walmart...
April 13, 2022  |  Retail

It’s Wednesday, April 13 and retail news is topping headlines as the buy now, pay later sector goes under the microscope of the Consumer Financial...

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Surecomp Debuts Duplicate Financing Fraud Prevention
Surecomp Debuts Duplicate Financing Fraud Prevention
April 12, 2022  |  Fraud Prevention

Surecomp is launching a new offering that uses advanced cryptographic technology to allow financial institutions (FIs) to lessen the risk of duplicate financing fraud, according...

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Mitigating Digital Fraud Risk to Drive B2B Business Growth
Mitigating Digital Fraud Risk to Drive B2B Business Growth
April 11, 2022  |  Opinion

The digital shift has brought a rapid increase in fraud along with it. In the PYMNTS eBook, “Endemic Economics: 32 Payments Execs on the ‘Next...

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Synovus Bank: Navigating the New Landscape of Compliance and Risk
Synovus Bank: Navigating the New Landscape of Compliance and Risk
April 11, 2022  |  Cybersecurity

Strong fraud protections, anti-money laundering (AML) compliance and seamless user experiences go together in today’s marketplace. Get the Full Story Complete the form to unlock...

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New Jersey Man Admits His Invoice Factoring Company Bilked Lenders of $50M
New Jersey Man Admits His Invoice Factoring Company Bilked Lenders of $50M
April 08, 2022  |  Cybersecurity

A New Jersey man admitted Thursday (April 7) to running a decade-long invoice factoring scheme that bilked lenders of $50 million, the U.S. Attorney’s Office...

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Only One-Third of Businesses Are ‘Very Satisfied’ With Their Current Cybersecurity Defenses
Only One-Third of Businesses Are ‘Very Satisfied’ With Their Current Cybersecurity Defenses
April 07, 2022  |  Fraud Prevention

Only 32% of businesses are “very” or “extremely” satisfied with their current anti-fraud methods, according to “Risk And Resilience,” a PYMNTS and TreviPay collaboration based...

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