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.

Report: What 100 Healthcare Execs Had to Say About Using AI to Stop Fraud, Waste and Abuse

Report: What 100 Healthcare Execs Had to Say About Using AI to Stop Fraud, Waste and Abuse
Report: What 100 Healthcare Execs Had to Say About Using AI to Stop Fraud, Waste...
September 03, 2021  |  Artificial Intelligence

The average United States healthcare insurer has 22% of all claims flagged for fraud, waste and abuse (FWA) investigation, costing them roughly 12% of the...

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Retailers Fight Theft Rings That Steal and Resell Goods Online
Retailers Fight Theft Rings That Steal and Resell Goods Online
September 02, 2021  |  Cybersecurity

When finding deals online at a lower cost than in-store, it could mean eCommerce sellers are peddling stolen goods, according to a Thursday (Sept. 2)...

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Veridian Credit Union on the Advantages Real-Time Payments Can Provide for FIs
Veridian Credit Union on the Advantages Real-Time Payments Can Provide for FIs
September 02, 2021  |  Payments Innovation

As credit unions embrace real-time payments as a way to compete with their digital-first rivals, they’re also encountering new security challenges. In this month’s Real-Time...

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Merchants Fight Back as AI, Big Data Offer Unprecedented Cyber Defenses
Merchants Fight Back as AI, Big Data Offer Unprecedented Cyber Defenses
September 02, 2021  |  Retail

For anyone who has experienced fraud — be they retailer, restaurant or consumer — it’s a nightmare situation of filled with stress, lost time and...

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BitConnect Exec Admits to Role in Alleged $2B Crypto Fraud
BitConnect Exec Admits to Role in Alleged $2B Crypto Fraud
September 01, 2021  |  Cybersecurity

The director and promoter of online crypto lending platform BitConnect has pleaded guilty for his part in allegedly defrauding retail investors of more than $2...

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Wayfair, Riskified Lengthen Fraud Prevention Partnership
Wayfair, Riskified Lengthen Fraud Prevention Partnership
September 01, 2021  |  Cybersecurity

The eCommerce fraud management platform Riskified is extending its three-year-old partnership with the home furnishings company Wayfair. Get the Full Story Complete the form to...

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Consumers Are Skeptical, Custom Suits Go Virtual, Walmart Leans on Gap Home
Consumers Are Skeptical, Custom Suits Go Virtual, Walmart Leans on Gap Home
September 01, 2021  |  Today In Data

IZOTTI is taking some of the intimidation out of buying custom-made suits. Plus, Walmart still struggling to make its mark in home furnishings, and two-thirds...

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Credit Unions Turn to Tech, Education to Blunt Real-Time Payment Fraud
Credit Unions Turn to Tech, Education to Blunt Real-Time Payment Fraud
September 01, 2021  |  Payments Innovation

Real-time payments are quickly becoming table stakes in the high-speed digital world. Get the Full Story Complete the form to unlock this article and enjoy...

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