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.

Wells Fargo Discloses Lawsuits Over Scandals
Wells Fargo Discloses Lawsuits Over Scandals
November 06, 2017  |  Legal

Wells Fargo, the embattled bank, disclosed in a regulatory filing that it is facing lawsuits over scandals in its auto lending and mortgage units. In...

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Securing Consumer Data Beyond The SSN
Securing Consumer Data Beyond The SSN
November 06, 2017  |  Security & Fraud

How do you build a real, resilient and robust standard of best practices in data security? And how do you do it when just about...

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Amex Upgrades Online Authentication
Amex Upgrades Online Authentication
November 01, 2017  |  Authentication

American Express has announced SafeKey 2.0, the next generation of its online authentication tool, which provides an extra layer of security when a card member...

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The Perfect Secure Payments Storm
The Perfect Secure Payments Storm
November 01, 2017  |  Security & Fraud

The updated 3D Secure 2.0 protocol and the European Union’s (EU) second Payment Services Directive (PSD2) have delivered a one-two punch for issuers and merchants...

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Fraudsters And The Retail Identity Crisis
Fraudsters And The Retail Identity Crisis
November 01, 2017  |  Security & Fraud

Mastercard came out ahead of Wall Street’s forecasts when its Q3 earnings report hit the wires before the markets opened yesterday – notching a beat on both...

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The FTC On Identity Fraud’s Biggest Threat
The FTC On Identity Fraud’s Biggest Threat
October 30, 2017  |  Security & Fraud

In one of the more unfortunate examples of practice making perfect, fraudsters are getting better at what they do. According to the latest edition of the...

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Things That Go Bump In The Payments Night
Things That Go Bump In The Payments Night
October 28, 2017  |  Retail

Halloween is now just three days away. The prepared have already purchased the best costumes and the candy favorites coveted by trick or treaters. Americans have spent a lot of...

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Why The Switch To Electronic Payments Isn’t Enough To Combat Employee Fraud
Why The Switch To Electronic Payments Isn’t Enough To Combat Employee Fraud
October 26, 2017  |  B2B Payments

In Georgia, one Mohawk Industries employee allegedly scammed the company out of $766,000. In New York, a worker at Chevron Phillips Chemical Co. pled guilty to...

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How To Build A Fraud Team
How To Build A Fraud Team
October 25, 2017  |  Fraud Prevention

There are different levels of fraud management an organization can implement, from completely in-house to completely outsourced. But for a company planning to build an...

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