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.

Instant Payments Mean Instant Security Challenges, Says EBA CLEARING
Instant Payments Mean Instant Security Challenges, Says EBA CLEARING
May 23, 2019  |  Smarter Payments

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Bank/FinTech Harmony Sets Stage For AP Automation
Bank/FinTech Harmony Sets Stage For AP Automation
May 23, 2019  |  Payments Innovation

The B2B space needs to transform from paper-based to automated process — and nowhere is this more apparent than with accounts payable (AP). As Jessica Moran,...

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Real-Time Payments Fraud: An FI Infrastructure Issue
Real-Time Payments Fraud: An FI Infrastructure Issue
May 22, 2019  |  Smarter Payments

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Allied Wallet Settles With FTC Over Fraudulent Payment Allegations
Allied Wallet Settles With FTC Over Fraudulent Payment Allegations
May 21, 2019  |  Legal

Payment company Allied Wallet and its owner, Ahmad Khawaja, as well as two officers, Mohammad Diab and Amy Rountree, have settled with the Federal Trade...

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SEC Only Collects Half Of Fraud-Related Fines
SEC Only Collects Half Of Fraud-Related Fines
May 21, 2019  |  Regulation

New data shows that the U.S. Securities and Exchange Commission (SEC) has only collected 55 percent of the $20 billion in fraud-related fines it imposed...

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Ireland’s Growing Invoice Redirect Fraud Problem
Ireland’s Growing Invoice Redirect Fraud Problem
May 17, 2019  |  B2B Payments

Authorities in Ireland have warned businesses about a rise in “CEO fraud” that gets unwitting victims to pay up in invoice redirect fraud. Separately, individual...

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Bitcoin Daily: Presidential Candidate Andrew Yang Supports Crypto; Crypto.com Platform Aims To Replace Bank Accounts
Bitcoin Daily: Presidential Candidate Andrew Yang Supports Crypto; Crypto.com Platform Aims To Replace Bank Accounts
May 17, 2019  |  Bitcoin

Democratic Presidential Candidate Andrew Yang, who recently launched a digital-asset platform, has revealed that he believes more regulatory frameworks for the crypto community could boost...

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