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.

SEC Goes After Leader Of $1.2B Ponzi Scheme
SEC Goes After Leader Of $1.2B Ponzi Scheme
January 22, 2018  |  Legal

An independent management team has resigned from the Woodbridge Group of Companies after the SEC accused the firm of being a Ponzi scheme. According to...

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Kount Links With Moneris For Enterprise Fraud Protection
Kount Links With Moneris For Enterprise Fraud Protection
January 16, 2018  |  B2B Payments

Fraud technology firm Kount is collaborating with payment processor Moneris Solutions, the companies said Monday (Jan. 15), to link enterprise customers to payment fraud protection...

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Holiday eCommerce Fraud Attempts Jumped In 2017
Holiday eCommerce Fraud Attempts Jumped In 2017
January 16, 2018  |  Security & Fraud

Attempts to commit online fraud jumped during the holiday season, increasing 22 percent from Thanksgiving to December compared to a year ago. That’s according to...

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Tradeplus24 Steps Into Aussie SME Lending Market With Deep Tech Partner
Tradeplus24 Steps Into Aussie SME Lending Market With Deep Tech Partner
January 15, 2018  |  B2B Payments

Switzerland alternative lending company Tradeplus24 is entering the Australian market through a collaboration with Trade Ledger, the companies announced. Reports Friday (Jan. 12) said Trade...

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Startup Spotlight: Invisible Payments, Invisible Hacks
Startup Spotlight: Invisible Payments, Invisible Hacks
January 12, 2018  |  Security & Fraud

Invisible payments are convenient…until they’re not. From paying for groceries through Apple Pay to paying for a ride on Lyft, many popular services today require...

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Changing The Chargeback Conversation
Changing The Chargeback Conversation
January 11, 2018  |  Startup Check-In

Nobody likes chargebacks: They’re costly and time-consuming to resolve and can lose merchants a lot of money. But not everybody takes them as personally as...

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Emailage Eyes APAC For 2018 Expansion
Emailage Eyes APAC For 2018 Expansion
January 11, 2018  |  Startup Check-In

In 2017, startup Emailage locked down its presence in Europe by working to close accounts with large banks and institutions across the European and Middle...

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Today In Data: Missed Sales, Unredeemed Rewards And Fraudulent Travel Expenses
Today In Data: Missed Sales, Unredeemed Rewards And Fraudulent Travel Expenses
January 11, 2018  |  Today In Data

Today in PYMNTS’ data, retailers are missing out on sales opportunities, billions in customer loyalty reward points go unredeemed each year, underwriting and risk management...

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AI: Expense Fraud’s New BFF
AI: Expense Fraud’s New BFF
January 11, 2018  |  B2B Payments

Removing friction from the payments experience isn’t just about helping consumers spend their own money. FinTech is permeating the enterprise as more managers aim to...

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