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.

Bitcoin Daily: Ukraine Busts Alleged Crypto Laundering Operation; Blockchain Shipping Platform TradeLens Expands
Bitcoin Daily: Ukraine Busts Alleged Crypto Laundering Operation; Blockchain Shipping Platform TradeLens Expands
August 18, 2020  |  Bitcoin

Binance helped catch a purported cybercrime organization behind an alleged $42 million laundering effort, according to a statement from the cryptocurrency exchange. Get the Full...

READ MORE >
Onfido Secures $6.6M Grant For Biometrics To Prevent B2B Fraud
Onfido Secures $6.6M Grant For Biometrics To Prevent B2B Fraud
August 18, 2020  |  B2B Payments

A U.K. fund set up to foster competition in the banking sector has given $6.6 million to facial recognition firm Onfido “to invest in the...

READ MORE >
Portillo’s On Offering A Fast And Secure End-To-End Customer Experience
Portillo’s On Offering A Fast And Secure End-To-End Customer Experience
August 18, 2020  |  Mobile Order Ahead

Restaurant delivery-app downloads have spiked 50 percent since the pandemic’s onset, but with it comes the increased risk of fraud, says Eric Bevins, director of...

READ MORE >
New Report: Slow Loan-Approval Processes Drive SMBs To FinTechs
New Report: Slow Loan-Approval Processes Drive SMBs To FinTechs
August 18, 2020  |  Payments Powering the Platform Economy

The global eCommerce market is a juggernaut, containing up to 24 million sellers and 2 billion digital buyers, with sales expected to reach $4.13 trillion...

READ MORE >
Report: Some UK Merchants Remain Reluctant To Embrace SCA
Report: Some UK Merchants Remain Reluctant To Embrace SCA
August 18, 2020  |  Bank Regulation

Most markets including the European Union, the United Kingdom and the United States have seen a jump in online transaction volume as consumers react to...

READ MORE >
Corporate Fraud Reveals The Breadth Of Scammer Tactics
Corporate Fraud Reveals The Breadth Of Scammer Tactics
August 17, 2020  |  B2B Payments

When it comes to fraud threats, no company — large or small — is immune. Get the Full Story Complete the form to unlock this...

READ MORE >
California Proposes Financial Watchdog Agency
California Proposes Financial Watchdog Agency
August 17, 2020  |  CFPB

California is expected to create a financial protection watchdog agency by month’s end. Get the Full Story Complete the form to unlock this article and...

READ MORE >
How QSRs Are Fighting Digital Food Fraud
How QSRs Are Fighting Digital Food Fraud
August 17, 2020  |  Mobile Order Ahead

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Addressing ID Verification At The Source
Addressing ID Verification At The Source
August 14, 2020  |  Authentication

As PYMNTS continues tracking a multitude of factors surrounding the COVID-19 pandemic and how it’s changing the ways we live and work, the digital shift...

READ MORE >