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.

Equifax Acquisition Gives Kount Window Into Digital ID Space
Equifax Acquisition Gives Kount Window Into Digital ID Space
April 26, 2021  |  Identity

For the last year, change has become the only consistent norm in the environment, and many firms in the payments and commerce business found themselves...

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UK’s Darktrace Faces Reality: Cuts Valuation For Pending IPO
UK’s Darktrace Faces Reality: Cuts Valuation For Pending IPO
April 25, 2021  |  IPO

Darktrace, a cybersecurity company, will be slashing the value of its forthcoming London flotation, looking instead for a cautious approach to avoid the kind of...

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Bitcoin Daily: Turkish Crypto Exchange Vebitcoin Shuts Down, Four Arrested; Gemini Now Accepts Google Pay, Apple Pay For Crypto Purchases
Bitcoin Daily: Turkish Crypto Exchange Vebitcoin Shuts Down, Four Arrested; Gemini Now Accepts Google Pay,...
April 25, 2021  |  Bitcoin

Four people linked to Turkish crypto exchange Vebitcoin have been arrested and accused of fraud, according to a report from BBC. Officials launched an investigation...

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The Digital Transformation Of Payment Models And The Value Of Identity Trust
The Digital Transformation Of Payment Models And The Value Of Identity Trust
April 23, 2021  |  Security & Fraud

In The Connected Economy’s Power Source – CEO Edition, Brad Wiskirchen, CEO of Kount, takes a deep dive into how the digital transformation has impacted...

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Joella’s Hot Chicken On Leveraging And Safeguarding Loyalty Programs For Today’s Digital Consumers
Joella’s Hot Chicken On Leveraging And Safeguarding Loyalty Programs For Today’s Digital Consumers
April 23, 2021  |  Mobile Order Ahead

Quick-service restaurants (QSRs) are dishing out mobile-enabled loyalty programs, but fraudsters are also eager to take a bite out of them. In the Mobile Order-Ahead...

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Fraud-Prevention Platform Sift Raises $50 Million, Valued At Over $1 Billion
Fraud-Prevention Platform Sift Raises $50 Million, Valued At Over $1 Billion
April 22, 2021  |  Investments

Sift, which works in digital safety, has ended a new funding round and raised $50 million, according to a press release. The company is now...

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Bitcoin Daily: EU Regulators Probe Binance Over Stock Tokens; Turkish Authorities Investigate Crypto Exchange Thodex For Possible $2 Billion Fraud
Bitcoin Daily: EU Regulators Probe Binance Over Stock Tokens; Turkish Authorities Investigate Crypto Exchange Thodex...
April 22, 2021  |  Bitcoin

European regulators are looking into whether Binance, one of the largest crypto exchanges in the world, has been following securities rules since it launched trading...

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Supreme Court’s Ruling Curtails FTC Reach On Monetary Awards
Supreme Court’s Ruling Curtails FTC Reach On Monetary Awards
April 22, 2021  |  Legal

For now – and maybe for a long while – it will be tougher to get ill-gotten gains back from the bad actors … at...

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Today In Payments: Digital Chipotle Orders Account For 50 Pct Of All Sales; Affirm To Buy Returnly For $300 Million
Today In Payments: Digital Chipotle Orders Account For 50 Pct Of All Sales; Affirm To...
April 22, 2021  |  News

In today’s top news, Chipotle’s earnings showed a massive shift to digital ordering, and Affirm is acquiring Returnly. Plus, SPAC deals have dropped significantly thus...

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