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.

Visa CyberSource: AI’s Role Is To ‘Predict’ — Not To ‘Know’

Visa CyberSource: AI’s Role Is To ‘Predict’ — Not To ‘Know’
Visa CyberSource: AI’s Role Is To ‘Predict’ — Not To ‘Know’
May 28, 2019  |  VISA

Marvin Minsky, cognitive scientist and co-founder of MIT’s AI lab, said decades ago that computers can only do what we tell them to do.  Scott...

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Crypto Diamonds Are For … Never(?)
Crypto Diamonds Are For … Never(?)
May 24, 2019  |  Security & Fraud

Charles Ponzi built his eponymous schemes on the promise of profits tied to postage stamps. But ours is a decidedly high-tech world, where fortunes are...

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Travel Managers Battle Growing Fraud Threats
Travel Managers Battle Growing Fraud Threats
May 24, 2019  |  B2B Payments

Travel managers are battling against card skimming and other types of fraud — and the instances of fraud are on the rise, according to a...

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Can IoT Developers, Lawmakers Ever See Eye To Eye?
Can IoT Developers, Lawmakers Ever See Eye To Eye?
May 24, 2019  |  Intelligence of Things

Intelligence of Things (IoT) devices are continuing to gain popularity. By some estimates, more than 14 billion devices are expected to be in use by...

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Payments, Speeding Across Borders
Payments, Speeding Across Borders
May 23, 2019  |  Today In Data

Cross-border payments have been a focal point for a growing number of stakeholders within financial services. For banks, it’s a multi-billion dollar opportunity. For merchants,...

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Instant Payments Mean Instant Security Challenges, Says EBA CLEARING
Instant Payments Mean Instant Security Challenges, Says EBA CLEARING
May 23, 2019  |  Smarter Payments

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Bank/FinTech Harmony Sets Stage For AP Automation
Bank/FinTech Harmony Sets Stage For AP Automation
May 23, 2019  |  Payments Innovation

The B2B space needs to transform from paper-based to automated process — and nowhere is this more apparent than with accounts payable (AP). As Jessica Moran,...

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Real-Time Payments Fraud: An FI Infrastructure Issue
Real-Time Payments Fraud: An FI Infrastructure Issue
May 22, 2019  |  Smarter Payments

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