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.

Silicon Valley Startup CEO Charged With Wire Fraud
Silicon Valley Startup CEO Charged With Wire Fraud
February 07, 2018  |  Legal

The founder and CEO of a failed startup has pleaded guilty for defrauding former employees. According to the U.S. Justice Department, Isaac Choi, the founder...

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In Battling Identity Fraud, Finding The (Synthetic ID) Devil Behind The Details
In Battling Identity Fraud, Finding The (Synthetic ID) Devil Behind The Details
February 06, 2018  |  Security & Fraud

Millions of people are victim of identity theft each year. Post Equifax breach, the numbers will swell. The fraudsters are ever resourceful, picking and choosing...

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eBay/PayPal: What Everyone Missed
eBay/PayPal: What Everyone Missed
February 05, 2018  |  Digital Payments

The year was 1999. eBay, then four years old, bought payments provider Billpoint to improve the payments experience on its site. When eBay first launched...

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Hackers Targeting Payroll Direct Deposit
Hackers Targeting Payroll Direct Deposit
February 02, 2018  |  B2B Payments

Of all of the scams targeting corporates, another one is landing on their radar. In an article penned for JD Supra by law firm Ogletree,...

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Payments Ecosystem Readies For Visa’s New Chargeback Rules 
Payments Ecosystem Readies For Visa’s New Chargeback Rules 
February 02, 2018  |  VISA

What you don’t know can, indeed, hurt you — especially when it comes to chargeback liability. The waters of transaction disputes are challenging even today, but...

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Startup Roundup: Changing The Name Of The Game
Startup Roundup: Changing The Name Of The Game
January 31, 2018  |  Startup Roundup

January is a month of New Year’s resolutions for the masses, and it was no different for these startups, many of which have launched or...

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Australia’s Real-Time Payments Push Brings Cyber Fears
Australia’s Real-Time Payments Push Brings Cyber Fears
January 30, 2018  |  B2B Payments

Australia is gearing up to become the latest market to roll out a real-time payments infrastructure, but the plans are raising some security concerns, according...

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Can ‘Healthy Friction’ Help Build Consumer Trust?
Can ‘Healthy Friction’ Help Build Consumer Trust?
January 26, 2018  |  Security & Fraud

Friction isn’t a deal-breaker for mobile banking and payment apps. To be sure, too much friction can send users running back to the App Store...

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E Pluribus Unum: One Payment Stack To Rule Them All?
E Pluribus Unum: One Payment Stack To Rule Them All?
January 25, 2018  |  Retail

Try building a tower out of Legos, K’nex, and wooden blocks. How sturdy will that tower be? Probably not very, since these materials aren’t designed...

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