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.

Scourge Of Fake Reviews Threaten Reputations Of Brands
Scourge Of Fake Reviews Threaten Reputations Of Brands
July 06, 2021  |  Retail

In the past two months, regulators in the U.S. and U.K. have taken aim at the increase of fake reviews online, with the Federal Trade...

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Deep Dive: How Cryptocurrency Exchanges’ Onboarding Systems Can Weed Out Fraudsters
Deep Dive: How Cryptocurrency Exchanges’ Onboarding Systems Can Weed Out Fraudsters
July 06, 2021  |  Authentication

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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Korea Fair Trade Commission Probes Coupang’s Algorithm Use
Korea Fair Trade Commission Probes Coupang’s Algorithm Use
July 05, 2021  |  eCommerce

Coupang, based in South Korea, has been mired in allegations that it has messed with search algorithms to prioritize its own products over rivals’, Financial...

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Sweden’s FSA Probes Klarna Over Customer Info Breach
Sweden’s FSA Probes Klarna Over Customer Info Breach
July 05, 2021  |  Security & Fraud

Payments firm Klarna is under the microscope of Sweden’s financial watchdog, over reported violations of security laws, Reuters reported Monday (July 5). Get the Full...

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Hackers Ask $70M For Business Data From Supply Chain Attack
Hackers Ask $70M For Business Data From Supply Chain Attack
July 05, 2021  |  Security & Fraud

As many as 1,500 companies worldwide were hit by a ransomware attack on Kaseya, a U.S.-based information technology firm, a report from Reuters reported Monday...

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FinCEN Hands Down Anti-Money Laundering Priorities To Stop Cybercrime
FinCEN Hands Down Anti-Money Laundering Priorities To Stop Cybercrime
July 02, 2021  |  AML

New expansive anti-money laundering (AML) priorities for financial institutions were recently handed down by the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN).  Get the...

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Defending SMBs And B2B Against ID Fraud Chaos
Defending SMBs And B2B Against ID Fraud Chaos
July 02, 2021  |  B2B Payments

Amid the great digital shift, smaller firms are increasingly vulnerable to complex and ever-evolving fraud schemes. Get the Full Story Complete the form to unlock...

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Fraud Prevention Platform Riskified Files For IPO
Fraud Prevention Platform Riskified Files For IPO
July 01, 2021  |  IPO

Fraud management platform Riskified has filed for an initial public offering (IPO), according to a press release. Get the Full Story Complete the form to...

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Germany Denies Reports Of Cyberattack On ‘Critical’ Infrastructure, Banks
Germany Denies Reports Of Cyberattack On ‘Critical’ Infrastructure, Banks
June 30, 2021  |  Security & Fraud

A cyberattack on German data service provider that works with government groups wasn’t a part of a larger, more comprehensive attack, according to Bloomberg. Get...

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