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.

PayPal Introduces New Fraud Protection Tool For Merchants
PayPal Introduces New Fraud Protection Tool For Merchants
April 12, 2021  |  Security & Fraud

PayPal is launching a new fraud protection tool to help merchants combat the growing problem of online fraud. Get the Full Story Complete the form...

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B2B Payments Makes Waves In $167 Billion Global Seafood Industry
B2B Payments Makes Waves In $167 Billion Global Seafood Industry
April 12, 2021  |  B2B Payments

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Bitcoin Daily: Court Orders Circle Society, Corp. And Founder To Pay $32 Million Over Crypto Fraud; Chinese Blockchain Firm Exec Accused Of Embezzling $45 Million; Bitcoin Rises To $61,000
Bitcoin Daily: Court Orders Circle Society, Corp. And Founder To Pay $32 Million Over Crypto...
April 11, 2021  |  Bitcoin

The Commodity Futures Trading Commission has issued a judgment against a Ponzi scheme operator, David Gilbert Saffron, and a Nevada corporation, Circle Society, a press...

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Clubhouse CEO Denies Report Of Data Leak For 1.3 Million Users
Clubhouse CEO Denies Report Of Data Leak For 1.3 Million Users
April 11, 2021  |  Security & Fraud

Paul Davison, the CEO of new audio social media app Clubhouse, says there were no leaks of personal user data, in contrast to a report...

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Fake San Francisco Restaurants Trick Delivery Apps, Customers
Fake San Francisco Restaurants Trick Delivery Apps, Customers
April 09, 2021  |  Retail

Food delivery apps face a new challenge in fraud: fake restaurants — not here to steal your personal information, but to serve you food that...

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Kendra Scott On Tapping AI To Fight AI-Equipped Fraudsters
Kendra Scott On Tapping AI To Fight AI-Equipped Fraudsters
April 09, 2021  |  Fraud Prevention

Reputation is everything for jewelry merchants, but their credibility can lose its luster if artificial intelligence (AI)-equipped fraudsters aren’t preemptively stopped. In this month’s Digital...

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Deep Dive: How Merchants Can Navigate The Ins And Outs Of SCA Compliance
Deep Dive: How Merchants Can Navigate The Ins And Outs Of SCA Compliance
April 09, 2021  |  Authentication

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Today In Payments: Mastercard Introduces End-User Request To Pay Framework In UK; TrueLayer Notches $70 Million
Today In Payments: Mastercard Introduces End-User Request To Pay Framework In UK; TrueLayer Notches $70...
April 08, 2021  |  News

In today’s top news, Mastercard is launching an end-user application for the U.K.’s request to pay framework, and TrueLayer raised $70 million to expand its...

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FIS On Tapping Delegated Authentication To Tackle SCA Requirements
FIS On Tapping Delegated Authentication To Tackle SCA Requirements
April 08, 2021  |  Authentication

The European Union’s Strong Customer Authentication (SCA) mandate aims to help the region’s businesses curtail fraud, but many merchants are finding that it can cost...

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