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 Payments: SEC Chair Says Congress Should Regulate Crypto Exchanges; Walmart Acquires Telehealth Provider MeMD
Today In Payments: SEC Chair Says Congress Should Regulate Crypto Exchanges; Walmart Acquires Telehealth Provider...
May 07, 2021  |  News

In today’s top news, the chair of the U.S. Securities and Exchange Commission (SEC) said cryptocurrency needs more regulation, and Walmart has acquired telehealth firm...

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New Study: Consumers Will Now Drop A Merchant Over A Single Data Breach
New Study: Consumers Will Now Drop A Merchant Over A Single Data Breach
May 07, 2021  |  Security & Fraud

Consumers can drift along in a happy sort of haze, extending trust to brands that appeal, and enjoying a loose but very real connection —...

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How RBC Captures Consumer Trust At The Point Of Onboarding
How RBC Captures Consumer Trust At The Point Of Onboarding
May 07, 2021  |  Digital Onboarding

The surge in pandemic-related fraud has increased consumers’ data safety concerns, with 23 million Americans who now believe that fraudsters have used their identities to...

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Insurance AI Provider Shift Secures $220 Million In Funding For Fraud Detection
Insurance AI Provider Shift Secures $220 Million In Funding For Fraud Detection
May 06, 2021  |  Investments

Shift Technologies, which provides artificial intelligence (AI)-powered decision automation and optimization solutions for insurance companies, has closed a Series D funding round of $220 million....

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eCommerce Fraud Prevention Firm Riskified Mulls IPO
eCommerce Fraud Prevention Firm Riskified Mulls IPO
May 06, 2021  |  Fraud Prevention

Riskified, a startup focused on preventing eCommerce fraud, is considering an initial public offering (IPO) that could come this year, Bloomberg reported Thursday (May 6),...

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NuData: Countering Account Hijacking With Behavioral Analytics
NuData: Countering Account Hijacking With Behavioral Analytics
May 06, 2021  |  Biometrics

With so much of life lived on devices, those devices are where hackers are finding what they need to hijack user accounts and do the...

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Pain-Free Disputes: Keeping Member Experience In View When Fighting Fraud
Pain-Free Disputes: Keeping Member Experience In View When Fighting Fraud
May 05, 2021  |  Credit Unions

It is easy for credit unions to get a bit lost in the weeds when it comes to fighting fraud and meeting member needs —...

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Hacker Accesses Spanish Delivery Startup Glovo
Hacker Accesses Spanish Delivery Startup Glovo
May 04, 2021  |  Security & Fraud

Glovo, a Spanish startup, was the victim of a hack, although it didn’t specify what information was accessed, Reuters reported Tuesday (May 4). Get the...

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REPORT: 65 Pct Of Consumers Would Abandon Merchant After eCommerce Data Breach
REPORT: 65 Pct Of Consumers Would Abandon Merchant After eCommerce Data Breach
May 04, 2021  |  Security & Fraud

The pandemic has been an undeniable boon for eTailers. More consumers than ever are going online to buy all manner of products, from household goods...

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