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.

How The Subscription Boom Can Detail Expense Management
How The Subscription Boom Can Detail Expense Management
December 19, 2017  |  B2B Payments

Employee fraud is a monumental issue, especially for small businesses (SMBs) without resources to track every penny workers spend. But that fraud is only part...

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Online Banking: An Unwitting Accomplice To Multi-Channel Fraud Attacks
Online Banking: An Unwitting Accomplice To Multi-Channel Fraud Attacks
December 18, 2017  |  Security & Fraud

Star One Credit Union didn’t think it had an online fraud problem. The year was 2006, and although there was plenty of digital viruses and...

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Investors Haven’t Forgotten About Alternative SMB Finance
Investors Haven’t Forgotten About Alternative SMB Finance
December 15, 2017  |  B2B Payments

By now, the alternative lending market is hardly new, and investor appetite for startups in the space seems to have waned. But every few weeks,...

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The Frightful Five: Fake Apps And Hubcaps
The Frightful Five: Fake Apps And Hubcaps
December 14, 2017  |  Retail

When a company is as massive as any one of the Frightful Five, the bad news is it’s inevitable that some things will slip under...

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PayPal, Accel Back Fraud Detection Startup, Simility
PayPal, Accel Back Fraud Detection Startup, Simility
December 13, 2017  |  Investments

Simility, the fraud detection and risk management startup, has landed $17.5 million in funding. In a company blog post, Chief Executive Officer and Co-Founder of...

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Fourteen Months In, Extra Credit For Faster (ACH) Credit?
Fourteen Months In, Extra Credit For Faster (ACH) Credit?
December 13, 2017  |  Faster Payments

In an age where faster is a hallmark of, well, everything, it follows that the same should be true of payments. It has been 14...

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Airbnb Plays Nice With French Regulators Over Payments
Airbnb Plays Nice With French Regulators Over Payments
December 12, 2017  |  Regulation

Airbnb, the short-term, home-sharing site, has removed a payment system in France that was deemed controversial. According to news from Reuters, the government in France wanted...

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Here’s How The Opioid Crisis Is Losing Retailers $9B A Year
Here’s How The Opioid Crisis Is Losing Retailers $9B A Year
December 12, 2017  |  Retail

Major retailers such as Target, Home Depot, Walmart and Lowe’s have been forced to introduce stricter return, store credit and gift card policies in response...

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A New Gift Card Hack For The Holidays
A New Gift Card Hack For The Holidays
December 11, 2017  |  Security & Fraud

There seems to be no such thing as a Christmas vacation when one’s main profession is defrauding consumers and businesses. It appears the ever-inventive thieves...

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