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.

Why Hello Kitty Has A Credit File
Why Hello Kitty Has A Credit File
April 01, 2019  |  Security & Fraud

Synthetic ID fraud costs banks $2 billion a year.  The bad guys are so crafty that the credit bureaus are unwitting accomplices to the fraud. ...

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MoviePass Challenger Sinemia Said It Cancelled 3 Pct Of Accounts Due To Fraud
MoviePass Challenger Sinemia Said It Cancelled 3 Pct Of Accounts Due To Fraud
March 29, 2019  |  Security & Fraud

Sinemia, the movie subscription service in direct competition with MoviePass, surprised customers by cancelling a number of accounts, according to a report by TechCrunch. Get...

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How Freelancer.com Securely Onboards Global Employers And Gig Workers
How Freelancer.com Securely Onboards Global Employers And Gig Workers
March 29, 2019  |  Digital Onboarding

Onboarding employers and freelancers worldwide onto gig marketplaces, swiftly and safely, is complicated stuff — but platform user bases can help, Freelancer.com CEO Matt Barrie...

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How Freelancer.com Filters Fraudsters From Freelancers
How Freelancer.com Filters Fraudsters From Freelancers
March 28, 2019  |  Digital Onboarding

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Can AI Turn Banks Into FinTech Firms?
Can AI Turn Banks Into FinTech Firms?
March 28, 2019  |  Artificial Intelligence

There are no incumbent banks that are not paying attention to what the challenger banks are doing. What might have been written off even five years ago as a...

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Why Credit Unions Crush Loyalty
Why Credit Unions Crush Loyalty
March 28, 2019  |  Credit Unions

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UK Businesses Lost £93M Last Year Due To Invoice Fraud
UK Businesses Lost £93M Last Year Due To Invoice Fraud
March 25, 2019  |  B2B Payments

A new report has revealed that invoice fraud cost U.K. businesses £93 million ($122.8M USD) last year. But despite the losses, more than four in...

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Fixing The KYC And AML ‘Horse-and-Buggy’ Model
Fixing The KYC And AML ‘Horse-and-Buggy’ Model
March 25, 2019  |  Security & Fraud

Only 1 percent of proceeds from financial crimes are intercepted, which means the bad guys are getting away with hundreds of billions of dollars, even...

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iOffer Putting A Dent In The $1.5T Counterfeit Goods Business
iOffer Putting A Dent In The $1.5T Counterfeit Goods Business
March 22, 2019  |  Mastercard

In the U.S. and worldwide, counterfeiting is a large, lucrative business worth between $1.2 trillion and $1.5 trillion annually, according to the International AntiCounterfeiting Coalition...

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