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.

Today In Payments: Puerto Rico Falls Prey To $4M Online Fraud; India’s Antitrust Investigation Into Amazon, Flipkart On Hold
Today In Payments: Puerto Rico Falls Prey To $4M Online Fraud; India’s Antitrust Investigation Into...
February 14, 2020  |  News

In today’s top news, at least four Puerto Rico government agencies were targeted in a $4 million online scam, and India’s court hit pause on...

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Puerto Rico Falls Prey To $4M Online Fraud
Puerto Rico Falls Prey To $4M Online Fraud
February 14, 2020  |  Security & Fraud

An online scam targeted $4 million in retirement funds from at least four Puerto Rico agencies, according to reports on Thursday (Feb. 14).  Get the...

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Love: There’s An App For That
Love: There’s An App For That
February 14, 2020  |  Mobile Applications

Today (Feb. 14) is Valentine’s Day, the official day we collectively celebrate love in all its glories. Couples will go out, and dedicated singles will...

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How Greyhound Bus Makes Fraudsters Play Fare
How Greyhound Bus Makes Fraudsters Play Fare
February 14, 2020  |  Fraud Prevention

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

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The Big Spike In ‘CEO Fraud’
The Big Spike In ‘CEO Fraud’
February 12, 2020  |  Security & Fraud

According to the 2019 edition of the FBI’s Internet Crime Report, last year was both a lucrative and diverse year for cybercriminals and scammers. All in, the...

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PSCU Prevented $277M In Credit Union Fraud Last Year
PSCU Prevented $277M In Credit Union Fraud Last Year
February 11, 2020  |  Credit Unions

PSCU has prevented over $277 million in would-be fraud last year, 30 percent more than in 2018. Get the Full Story Complete the form to unlock...

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Augmenting Trust With Technology In Global Trade Finance
Augmenting Trust With Technology In Global Trade Finance
February 11, 2020  |  B2B Payments

In cross-border trade, trust has historically been a critical part of the equation. Corporate buyers must trust that their suppliers will deliver what they promised....

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Today In Payments: Chinese Tech Investments In US Plummet; Ransomware Attacks Up 41 Pct In 2019
Today In Payments: Chinese Tech Investments In US Plummet; Ransomware Attacks Up 41 Pct In...
February 10, 2020  |  News

In today’s top news, Chinese tech investments in the U.S. have plummeted in recent years, and ransomware cyberattacks have skyrocketed. Also, Karen Webster compares Uber’s...

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DOJ Indicts Four Chinese Army Spies For Equifax Hack
DOJ Indicts Four Chinese Army Spies For Equifax Hack
February 10, 2020  |  Security & Fraud

Federal prosecutors charged four Chinese intelligence officers on Monday (Feb. 10) with the 2017 cyberattack on credit reporting giant Equifax, which was one of the...

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