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.

Spring Labs Partners With Leading FinTech Firms On Fraud Prevention Platform
Spring Labs Partners With Leading FinTech Firms On Fraud Prevention Platform
January 21, 2019  |  B2B Payments

Spring Labs announced that 16 FinTech industry leaders have joined its Spring Founding Industry Partners (SFIP) program to help prevent fraud and boost ID verification capabilities. Get...

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Fortnite’s In-Game Currency Used In Money Laundering Schemes
Fortnite’s In-Game Currency Used In Money Laundering Schemes
January 21, 2019  |  Security & Fraud

A new report has revealed that Fortnite’s in-game currency is being used to launder money from stolen credit cards. Get the Full Story Complete the...

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Study Sees BEC Scams Gaining Ground
Study Sees BEC Scams Gaining Ground
January 18, 2019  |  B2B Payments

New year, and perhaps new fears for executives as fraudsters look to siphon off payrolls of unsuspecting firms via email scams, according to research from...

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Today In Data: New Solutions For Old Problems
Today In Data: New Solutions For Old Problems
January 17, 2019  |  Today In Data

Some problems are as old as time itself: managing cash flow as an SMB or consumer, or finding better ways to fight off fraudsters. Some...

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Signet Jewelers To Pay $11M After Creating Fake Accounts
Signet Jewelers To Pay $11M After Creating Fake Accounts
January 17, 2019  |  Retail

According to a settlement that was signed with a wholly owned subsidiary, Signet Jewelers Ltd. is to pay federal and state regulators penalties of $11 million for...

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UK Gov’t Taps Banking Heavyweights To Fight Money Laundering
UK Gov’t Taps Banking Heavyweights To Fight Money Laundering
January 14, 2019  |  Security & Fraud

Aiming to fight more financial crime, the U.K. government has recruited senior executives from Barclays, Lloyds Banking and Banco Santander. Get the Full Story Complete...

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In UK, Larger Firms Pay Suppliers Later
In UK, Larger Firms Pay Suppliers Later
January 14, 2019  |  B2B Payments

The late payments epidemic continues in the U.K., and larger firms take longer to pay. Separately, it’s no cakewalk for Patisserie Valerie to get suppliers paid...

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LuLaRoe Founders Accused Of Hiding Millions From Creditors
LuLaRoe Founders Accused Of Hiding Millions From Creditors
January 10, 2019  |  Legal

A multi-million dollar lawsuit is accusing the founders of LuLaRoe of hiding tens of millions of dollars in shell companies to avoid paying their creditors....

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How AP Can Tip The Scales In Favor Of Virtual Cards
How AP Can Tip The Scales In Favor Of Virtual Cards
January 10, 2019  |  B2B Payments

In the world of payments, rife with friction, there is no such thing as a silver bullet. Even when technologies come close to addressing multiple...

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