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.

OECD Report: Rise In Counterfeit Goods Harms Global Economy
OECD Report: Rise In Counterfeit Goods Harms Global Economy
March 18, 2019  |  Security & Fraud

A new study by the Organisation for Economic Co-operation and Development (OECD) shows that trading in pirated and counterfeit goods has risen significantly, according to...

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Supremes Take On ID Fraud, Undocumented Immigrants
Supremes Take On ID Fraud, Undocumented Immigrants
March 18, 2019  |  Legal

The U.S. Supreme Court has agreed to hear arguments over states’ ability to prosecute illegal immigrants for identity theft if they use someone else’s Social Security...

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Tackling Fraud With P2P Payments
Tackling Fraud With P2P Payments
March 18, 2019  |  Today In Data

Companies are working to keep funds safe from bad actors as payments grow increasingly faster with person-to-person (P2P) solutions and real-time platforms. In addition, dollar...

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How Payroll Partakes In The Back-Office API Ecosystem
How Payroll Partakes In The Back-Office API Ecosystem
March 18, 2019  |  B2B Payments

An application programming interface (API) ecosystem isn’t only for the banking sector. Increasingly, the corporate back office has embraced API connectivity to achieve seamless data...

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PwC Probe Uncovers $7.4B Steinhoff Accounting Fraud
PwC Probe Uncovers $7.4B Steinhoff Accounting Fraud
March 18, 2019  |  B2B Payments

According to Reuters, in what the publication described as the largest corporate scandal in South Africa, corporate auditing firm PwC has uncovered a $7.4 billion accounting...

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Bitcoin Daily: Bitcoin Trading Tops $11B; Infected Chrome App Steals Crypto
Bitcoin Daily: Bitcoin Trading Tops $11B; Infected Chrome App Steals Crypto
March 17, 2019  |  Bitcoin

Daily trading volume for bitcoin topped $11 billion on Friday (March 15) — its highest point in almost one year. Get the Full Story Complete...

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What Is The Perfect Payments Experience?
What Is The Perfect Payments Experience?
March 15, 2019  |  Payment Methods

Here’s an exercise that may come off as too academic – like a debate over how many angels fit on a pinhead – but is really...

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Wirecard: Internal Investigation Clears Accounting Manager
Wirecard: Internal Investigation Clears Accounting Manager
March 14, 2019  |  Security & Fraud

Wirecard, a German payments company, said an internal investigation has cleared its Asia-Pacific accounting manager who was accused of faking transactions to boost revenue numbers....

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