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.

Ex-US Bank Risk Officer Fined Over AML Compliance
Ex-US Bank Risk Officer Fined Over AML Compliance
March 04, 2020  |  AML

The Financial Crimes Enforcement Network (FinCEN) has fined Michael LaFontaine, former chief operational risk officer at U.S. Bank, a subsidiary of U.S. Bancorp, with a...

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Innovating To Capture Value, While Stemming Losses 
Innovating To Capture Value, While Stemming Losses 
March 04, 2020  |  Today In Data

There are all kinds of ways for a business to directly lose money, and even more ways to simply fail to save it. Among direct...

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AI And Tossing Out The Manual Fraud Review Manual
AI And Tossing Out The Manual Fraud Review Manual
March 04, 2020  |  Fraud Prevention

Time is money, as the old saying goes, and that idea applies to few places more keenly than commerce. Get the Full Story Complete the...

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HSBC On The Next Phase Of Treasury APIs
HSBC On The Next Phase Of Treasury APIs
March 04, 2020  |  API

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Supreme Court May Allow SEC To Recoup Fraud Money
Supreme Court May Allow SEC To Recoup Fraud Money
March 03, 2020  |  Legal

The Supreme Court on Tuesday (March 3), possibly inched closer to a decision that would allow the Securities and Exchange Commission (SEC) to recoup money...

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Tracking The Dirty Rotten Scoundrels Of Digital Fraud
Tracking The Dirty Rotten Scoundrels Of Digital Fraud
March 03, 2020  |  Security & Fraud

Of all the dirty rotten scandalous schemes fraudsters get up to, one of the worst is the old “lonely hearts” scam, dressed up in smartphone...

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Deep Dive: Digital-First Banking’s Challenges And Benefits
Deep Dive: Digital-First Banking’s Challenges And Benefits
March 03, 2020  |  Digital Banking

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How Spend Tech Helps Power Post-Disaster Reconstruction
How Spend Tech Helps Power Post-Disaster Reconstruction
March 03, 2020  |  Spend Management

Manual expense reports remain plagued with pain points for the employees and employers who must file them. It is thus unsurprising that 95 percent of...

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