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.

42% of Issuers Say Fraud and Disputes Are Driving Up Costs

42% of Issuers Say Fraud and Disputes Are Driving Up Costs
42% of Issuers Say Fraud and Disputes Are Driving Up Costs
July 02, 2026  |  Fraud Prevention

Fraud used to sit in the back office. Now it has a front-row seat in the issuer growth strategy. Every blocked purchase, failed dispute or...

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JPMorganChase and Amazon Back Aspen Institute Drive Against Scams
JPMorganChase and Amazon Back Aspen Institute Drive Against Scams
June 30, 2026  |  Fraud Prevention

The Aspen Institute Financial Security Program (Aspen FSP) has launched a new effort focused on reducing the scale and severity of scams affecting Americans. Get...

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Banks Deploy AI to Chase Stolen Funds After Instant Payments Clear
Banks Deploy AI to Chase Stolen Funds After Instant Payments Clear
June 29, 2026  |  Banking

Real-time payments move money faster, and they remove the window to recover it. Transactions sent over instant rails are irreversible. Once funds leave an account,...

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Apple Accelerates Security Updates to Preempt AI-Powered Exploits
Apple Accelerates Security Updates to Preempt AI-Powered Exploits
June 29, 2026  |  Cybersecurity

Apple has a new policy in which it has accelerated its release of security updates in response to the speed with which artificial intelligence can...

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World Cup Gives Cross-Border Payments Their Super Bowl Moment
World Cup Gives Cross-Border Payments Their Super Bowl Moment
June 29, 2026  |  Fraud Prevention

Watch more: The Digital Shift With Spreedly’s Justin Benson Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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AI-Generated Fake Receipts Now Make Up 71% of Expense Fraud
AI-Generated Fake Receipts Now Make Up 71% of Expense Fraud
June 26, 2026  |  Artificial Intelligence

Four in 10 U.S. employees have used artificial intelligence to generate a fake expense receipt, according to a survey released Tuesday (June 23) by expense...

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Banks Face a New ACH Fraud Test as Nacha Rules Take Effect
Banks Face a New ACH Fraud Test as Nacha Rules Take Effect
June 26, 2026  |  Fraud Prevention

Fraud deadlines arguably don’t attract much attention outside compliance departments. This year’s changes to the Nacha Operating Rules reshape how banks are expected to identify...

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House Bill Would Give Banks Time to Investigate Suspicious Checks
House Bill Would Give Banks Time to Investigate Suspicious Checks
June 18, 2026  |  Fraud Prevention

Rep. Young Kim has introduced a bill that would allow financial institutions to place extended holds on suspicious checks and wire transfers while investigating potential fraud. Get...

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