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.

66% of Businesses Now Collect Credit Info on New Suppliers

66% of Businesses Now Collect Credit Info on New Suppliers
66% of Businesses Now Collect Credit Info on New Suppliers
February 01, 2022  |  B2B Payments

In the B2B ecosystem, firms must complete complex onboarding processes to set customers up for new transactions and vet new suppliers or vendors. While this...

READ MORE >
Preventing Online Fraud Should Start by Examining Customer Intent
Preventing Online Fraud Should Start by Examining Customer Intent
February 01, 2022  |  Cybersecurity

There are promises made in commerce — unspoken promises that are too often broken, inadvertently, in the digital age. Get the Full Story Complete the...

READ MORE >
Travala on the Onboarding Challenges of Cryptocurrency Payments
Travala on the Onboarding Challenges of Cryptocurrency Payments
January 31, 2022  |  Cryptocurrency

While cryptocurrency payments are rapidly gaining traction, accepting crypto comes with a variety of issues, such as long processing times and the risk of fraud....

READ MORE >
Citing Crypto Threats, ‘Must-Pass’ Bill Would Allow Broader Transaction Bans
Citing Crypto Threats, ‘Must-Pass’ Bill Would Allow Broader Transaction Bans
January 28, 2022  |  Cryptocurrency

A provision in the House’s version of the America COMPETES Act would strip the requirement for public notice and the time limit on the Treasury...

READ MORE >
Navigating The Challenges Of Cryptocurrency Payment Acceptance
Navigating The Challenges Of Cryptocurrency Payment Acceptance
January 28, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
As Money Laundering Booms, Crypto Thieves Flock to DeFi
As Money Laundering Booms, Crypto Thieves Flock to DeFi
January 27, 2022  |  Cybersecurity

The amount cryptocurrency stolen, scammed and blackmailed nearly doubled in 2021. So, it stands to reason that money laundering would be up as well. Get...

READ MORE >
Banks and Businesses Say Fraud Isn’t a Problem — Until It Happens to Them
Banks and Businesses Say Fraud Isn’t a Problem — Until It Happens to Them
January 26, 2022  |  Cybersecurity

Most people think their relatively paltry sum of money isn’t enough to make them the target of fraud, especially when there are so many other...

READ MORE >
When It Comes to Payments Fraud, Criminals Are Going Big
When It Comes to Payments Fraud, Criminals Are Going Big
January 26, 2022  |  Fraud Prevention

Thirty percent of chief financial officers are responsible for their organization’s IT departments, but that doesn’t mean finance departments and IT operations are always working...

READ MORE >