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.

Deep Dive: Harnessing Cloud Technology To Accelerate And Secure Real-Time Payments
Deep Dive: Harnessing Cloud Technology To Accelerate And Secure Real-Time Payments
August 28, 2020  |  Payments Innovation

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Deep Dive: Why Microbusinesses Could Be The Next Innovation Frontier For Credit Unions
Deep Dive: Why Microbusinesses Could Be The Next Innovation Frontier For Credit Unions
August 28, 2020  |  Credit Unions

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Quantifying Quantum Computing’s Value In Financial Services
Quantifying Quantum Computing’s Value In Financial Services
August 28, 2020  |  Security & Fraud

The next great leap for computing may be a bit closer with the help of joint efforts between the U.S. government, the private sector —...

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Report: How ING Group Is Using AI To Fight Financial Crime
Report: How ING Group Is Using AI To Fight Financial Crime
August 28, 2020  |  Fraud Prevention

Banks, credit unions and other financial institutions (FIs) were forced to stop more than $25 billion in fraud attempts in 2018 alone, but such efforts...

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Fortnite, Minecraft Accounts Big Business On Black Market
Fortnite, Minecraft Accounts Big Business On Black Market
August 27, 2020  |  Security & Fraud

Tens of thousands of stolen Fortnite accounts are being sold on the black market in a $1 billion a year trade, according to Bloomberg. Get...

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Mitek, Lightico Team On Secure Smartphone Text Transactions
Mitek, Lightico Team On Secure Smartphone Text Transactions
August 27, 2020  |  Authentication

Mitek, which offers digital identity verification services, has partnered with Lightico, which works in the field of identity verification and eSignatures, to provide a new...

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Bitcoin Daily: ShapeShift Crypto Exchange Alleges $900,000 Employee Bitcoin Theft; Line Debuts Blockchain Platform, Digital Wallet Services
Bitcoin Daily: ShapeShift Crypto Exchange Alleges $900,000 Employee Bitcoin Theft; Line Debuts Blockchain Platform, Digital...
August 27, 2020  |  Bitcoin

Crypto exchange ShapeShift is suing former engineer Azamat Mukhiddinov for allegedly stealing $900,000 in bitcoin via programs he installed on their servers, CoinDesk reported. Get...

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Why Virtual Cards Are The Future Of Controlling And Securing Business Spend
Why Virtual Cards Are The Future Of Controlling And Securing Business Spend
August 27, 2020  |  B2B Payments

Virtual cards have long been associated with corporate travel and expense (T&E), because their advantages fit nearly hand-in-glove with the significant pain points that firms’...

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Truist CIO: Overcoming The Roadblocks To Faster Payments
Truist CIO: Overcoming The Roadblocks To Faster Payments
August 26, 2020  |  Payments Innovation

Instant payments are in higher demand than ever in 2020, with ACI Worldwide estimating that more than 500 billion real-time payments will be processed over...

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