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.

Today In Data: Nothing Ventured, Nothing Gained
Today In Data: Nothing Ventured, Nothing Gained
January 09, 2019  |  Today In Data

Gambling isn’t new to payments and commerce players – every new idea is a gamble, in a sense – but creating instant payment schemes for...

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Faster Payments, Open Banking Should Keep Treasurers On High Alert
Faster Payments, Open Banking Should Keep Treasurers On High Alert
January 09, 2019  |  B2B Payments

While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to...

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Luxury Retail, Luxury Fraud: How Neiman Marcus Is Battling Fraudsters
Luxury Retail, Luxury Fraud: How Neiman Marcus Is Battling Fraudsters
January 09, 2019  |  Security & Fraud

Retailers are increasingly using new tools to differentiate between legit and fraudulent transactions. In the latest Digital Fraud Tracker, Neiman Marcus’ Chief Information Security Officer...

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Finexio Targets B2B Payments Compliance With Cass
Finexio Targets B2B Payments Compliance With Cass
January 07, 2019  |  B2B Payments

Smart B2B payments network Finexio announced a partnership with Cass Information Systems on financial exchange services. Get the Full Story Complete the form to unlock this...

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Payments Fraud Rides Money Mules Into 2019
Payments Fraud Rides Money Mules Into 2019
January 04, 2019  |  B2B Payments

Mule scams spur warnings from the FBI and other agencies headed into 2019. In the meantime, individual payments fraud cases in the U.S. show some...

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InfoSec CTO: How To Improve The Privacy IQ Of Smart Devices
InfoSec CTO: How To Improve The Privacy IQ Of Smart Devices
January 04, 2019  |  Security & Fraud

When it comes to the world of cybercrime touching the connected smart devices that consumers are increasingly using, it is easy to come across some...

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Study: Merchants To Lose $130B In Digital CNP Fraud
Study: Merchants To Lose $130B In Digital CNP Fraud
January 03, 2019  |  Retail

A new study has revealed that retailers will lose around $130 billion in digital CNP (Card-not-Present) fraud between 2018 and 2023. Get the Full Story...

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What Lies Beneath: FIs’ Biggest Cyberthreat
What Lies Beneath: FIs’ Biggest Cyberthreat
January 03, 2019  |  Fraud Prevention

Well, let’s start with the bad news first, even at the risk of robbing some of the joy and optimism that comes with the new...

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Hackers Cull Nearly $900K In 2018 Crypto Bug Bounties
Hackers Cull Nearly $900K In 2018 Crypto Bug Bounties
January 02, 2019  |  Security & Fraud

New data shows that blockchain companies awarded $878,504 in bug bounties to hackers in 2018. Get the Full Story Complete the form to unlock this...

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