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.

TRENDING: Call Centers Take Off The Gloves And Put On The Masks To Fight Payments Fraud
TRENDING: Call Centers Take Off The Gloves And Put On The Masks To Fight Payments...
July 13, 2018  |  call center commerce

Call center service providers are increasingly automating their processes to speed up their payments acceptance, while reducing associated costs. Debt collection agencies, for one, increased...

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Why AI Is The Future Of Community Banking
Why AI Is The Future Of Community Banking
July 11, 2018  |  Artificial Intelligence

On a surface level, community banking and artificial intelligence (AI) can seem like something of a mismatch in concept. Community banking is all about relationship-lending...

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Macy’s Online Customers Warned Of Data Breach
Macy’s Online Customers Warned Of Data Breach
July 09, 2018  |  Retail

After Macy’s cyber tools detected suspicious logins on June 11, the retailer is warning customers about a data breach. The retailer said that a threat...

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Tapping Into Expanding Opportunity
Tapping Into Expanding Opportunity
July 06, 2018  |  Today In Data

While cash was once king on a global stage, digitization is marching forward, and quickly. Case in point: Australia, where cash still has a prominent...

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Smaller Firms Targeted For Big Hauls By Payments Fraudsters
Smaller Firms Targeted For Big Hauls By Payments Fraudsters
July 05, 2018  |  B2B Payments

Size matters when it comes to payments fraud, it seems.  Recent stories show local companies targeted for big payouts, done through fake invoices, and of...

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The Use Case For Network Tokens
The Use Case For Network Tokens
July 05, 2018  |  Risk Management

When it comes to personally identifiable information (PII), the words of Gandalf are a good rule for individuals to live by: “Keep it secret. Keep...

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Reflecting On The UK’s Decade Of Faster Payments — And Fraud
Reflecting On The UK’s Decade Of Faster Payments — And Fraud
July 04, 2018  |  Faster Payments

From enabling new messaging capabilities in the U.S. to cross-border push payments for expats in Kuwait and Zimbabwe, access to faster payments tools is rapidly...

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Payday Loan Tycoon Charged With Bankruptcy Fraud
Payday Loan Tycoon Charged With Bankruptcy Fraud
July 03, 2018  |  Loans

After allegedly creating millions of fake debts and selling them to bill collectors, payday loan magnate Joel Tucker was indicted on federal charges. Tucker reportedly...

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PwC Charged $625.3M For Colonial Bank Fraud Scheme
PwC Charged $625.3M For Colonial Bank Fraud Scheme
July 03, 2018  |  Security & Fraud

Following a non-jury trial in March, a federal judge has said that PricewaterhouseCoopers LLP (PwC) must pay the Federal Deposit Insurance Corp. (FDIC) $625.3 million...

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