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.

Citi Adds Biometrics To Its ‘Security Perimeter’
Citi Adds Biometrics To Its ‘Security Perimeter’
May 09, 2019  |  Authentication

A single data breach costs a business $3.86 million on average. The high risks and costs of breaches, says Tapodyuti Bose, Global Head of Channel...

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Amazon Merchants Affected By Cyberattack
Amazon Merchants Affected By Cyberattack
May 08, 2019  |  Security & Fraud

Amazon was the target of an “extensive” cyberattack in which hackers stole money from merchant accounts and funneled them into their own, according to a...

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MoneyGram’s Q1 Slide Overshadows Digital Growth
MoneyGram’s Q1 Slide Overshadows Digital Growth
May 08, 2019  |  Earnings

MoneyGram shares were pummeled in intraday trading on the heels of reporting results that lagged expectations and showed the lingering impact of an ongoing restructuring...

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Bitcoin Daily: NYAG To Clarify Bitfinex Demands In Court; OneCoin Sued By Defrauded Investors
Bitcoin Daily: NYAG To Clarify Bitfinex Demands In Court; OneCoin Sued By Defrauded Investors
May 08, 2019  |  Bitcoin

The New York Attorney General (NYAG) will try to make its case against Bitfinex after receiving a court order to refine its demands on the...

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Instant IDV: Digital Security’s Next Big Thing?
Instant IDV: Digital Security’s Next Big Thing?
May 08, 2019  |  Authentication

Anything that grows faces various challenges, and even choke points — those things that can directly or indirectly cut off oxygen and other fuel, and...

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Why Citi Is Using Biometrics To Build Its ‘Security Perimeter’
Why Citi Is Using Biometrics To Build Its ‘Security Perimeter’
May 08, 2019  |  Authentication

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OCBC Bank Says Fraud Is Pushing Digital Trade Finance
OCBC Bank Says Fraud Is Pushing Digital Trade Finance
May 07, 2019  |  B2B Payments

Rampant fraud in the global trade finance space is forcing the industry to go digital, according to Asia’s second-largest lender, OCBC. The Singapore bank’s Managing...

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BBB Sounds Alarm On Online Small Business Lending
BBB Sounds Alarm On Online Small Business Lending
May 07, 2019  |  B2B Payments

The Better Business Bureau (BBB) is issuing a warning to small businesses (SMBs) about a possible lending scam shedding light on the risks of online...

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Instagram’s High-Fashion Fakes Problem
Instagram’s High-Fashion Fakes Problem
May 06, 2019  |  Retail

Instagram has a counterfeit goods problem. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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