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.

OpenAI Recommends Phaseout of Voice-Based Authentication While Previewing Text-to-Speech Model
OpenAI Recommends Phaseout of Voice-Based Authentication While Previewing Text-to-Speech Model
March 29, 2024  |  Security & Fraud

OpenAI suggested Friday (March 29) that voice-based authentication for accessing bank accounts and other sensitive information should be phased out.  The company said this while...

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eCommerce Marketplaces Crack Down on Fakes to Boost Consumer Trust
eCommerce Marketplaces Crack Down on Fakes to Boost Consumer Trust
March 29, 2024  |  eCommerce

With trust proving to be a key factor for consumers’ decisions about where they want to spend their money digitally, online merchants are cracking down...

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Rising Fraud Casts Shadow Over Voice Commerce Potential
Rising Fraud Casts Shadow Over Voice Commerce Potential
March 29, 2024  |  Security & Fraud

The proliferation of voice-activated technology, from virtual shopping assistants to speech recognition in smartphones and smart homes, is reshaping how consumers interact with devices. Advancements in this field...

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AI Reshapes Online Pharmacy With Speed, Accuracy, Convenience
AI Reshapes Online Pharmacy With Speed, Accuracy, Convenience
March 29, 2024  |  Artificial Intelligence

Artificial intelligence is changing the online pharmacy world by simplifying tasks like managing prescriptions, keeping track of inventory and talking to customers. Amazon Pharmacy is using...

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i2c President Says Banks Have Reset Their Go-to-Market Strategies
i2c President Says Banks Have Reset Their Go-to-Market Strategies
March 29, 2024  |  Banking

Jacqueline White, president of i2c, told PYMNTS in an interview that financial services have undergone a seismic shift in recent years. When the pandemic hit, banks...

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Microsoft Launches Measures to Keep Users From Tricking AI Chatbots
Microsoft Launches Measures to Keep Users From Tricking AI Chatbots
March 28, 2024  |  Artificial Intelligence

Microsoft unveiled tools to prevent users from tricking artificial intelligence chatbots for malevolent purposes. The tech giant rolled out a series of offerings for its Azure AI system,...

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SBF May Be 57 When He Finishes Serving Time
SBF May Be 57 When He Finishes Serving Time
March 28, 2024  |  Legal

When the facts are crystal clear, often the only recourse is to appeal to emotion. That’s the tack that convicted crypto criminal and former FTX CEO Sam Bankman-Fried’s...

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US Pledges $10 Million Reward in Hunt for UnitedHealth Hackers
US Pledges $10 Million Reward in Hunt for UnitedHealth Hackers
March 28, 2024  |  Security & Fraud

Last month, a hacker group known as ALPHV BlackCat attacked the U.S. healthcare system. Now, the federal government is offering a $10 million reward to help identify...

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AI Proves Effective in Stopping eCommerce Returns Fraud
AI Proves Effective in Stopping eCommerce Returns Fraud
March 28, 2024  |  eCommerce

Returns are a cost of doing business for all merchants. If not handled well, they can present a point of friction, disappointing customers so much...

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