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.

Visa Debuts AI-Powered Fraud Fighting Tools

Visa Debuts AI-Powered Fraud Fighting Tools
Visa Debuts AI-Powered Fraud Fighting Tools
August 20, 2019  |  Security & Fraud

Visa has introduced a new suite of security services designed to protect merchants and users from the latest security threats, according to a release. Get...

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Madoff Whistleblower Has GE On The Defense
Madoff Whistleblower Has GE On The Defense
August 19, 2019  |  Security & Fraud

Boston-based General Electric (GE) is defending itself against accounting fraud alleged by the same whistleblower who called out Bernard Madoff’s Ponzi scheme, Reuters reported on...

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How Chipotle Rewards Customers, Not Hackers
How Chipotle Rewards Customers, Not Hackers
August 19, 2019  |  Mobile Order Ahead

Chipotle was among the first QSRs to launch mobile ordering in 2009 and recently expanded its digital offerings to include a loyalty program. But it’s...

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iRobot On Cleaning Up Smart Home Security Risks
iRobot On Cleaning Up Smart Home Security Risks
August 19, 2019  |  Intelligence of Things

When manufacturers don’t update smart home devices throughout the products’ lifespans, they can turn into security landmines. That’s why regular updates and patching, and unique...

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Why Mobile Rewards Programs Attract Fraud
Why Mobile Rewards Programs Attract Fraud
August 19, 2019  |  Security & Fraud

In the latest Mobile Order-Ahead Tracker, PYMNTS explores the latest developments in the world of QSR rewards programs and how credential stuffing and account takeovers...

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 Ransomware Gains Traction, UK BEC Fraud Spikes
 Ransomware Gains Traction, UK BEC Fraud Spikes
August 19, 2019  |  B2B Payments

Ransomware, paid in bitcoin, is gaining traction as a way for fraudsters to bilk victims out of their money. Elsewhere, in the UK, business email...

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 AppZen On The State Of Spend Auditing
 AppZen On The State Of Spend Auditing
August 19, 2019  |  B2B Payments

Auditing expenses without the aid of technology is an inefficient endeavor — and errors or fraud can slip under the radar. AppZen found in recent...

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