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.

B2B Startups Welcome Another Unicorn With TripActions Funding
B2B Startups Welcome Another Unicorn With TripActions Funding
November 09, 2018  |  B2B Payments

It was another busy week for B2B FinTech startups, with globally and vertically diverse companies securing new funding for their enterprise-targeting tools. The big news...

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AT&T, T-Mobile Sued Over Mobile Crypto Thefts
AT&T, T-Mobile Sued Over Mobile Crypto Thefts
November 09, 2018  |  Legal

Silver Miller — America’s leading cryptocurrency investor law firm — announced it has filed lawsuits against AT&T and T-Mobile on behalf of crypto asset holders who were...

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TRENDING: Neiman Marcus On Why AI Isn’t Enough To Outsmart Cybercriminals
TRENDING: Neiman Marcus On Why AI Isn’t Enough To Outsmart Cybercriminals
November 09, 2018  |  Security & Fraud

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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MoneyGram Settles With FTC For $125M
MoneyGram Settles With FTC For $125M
November 08, 2018  |  Security & Fraud

The Federal Trade Commission (FTC) said on Thursday (Nov. 8) that MoneyGram will pay $125 million in penalties after having violated a six-year-old settlement tied to...

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French Prosecutors Call For UBS To Pay 3.7B Euros For Tax Evasion
French Prosecutors Call For UBS To Pay 3.7B Euros For Tax Evasion
November 08, 2018  |  International

UBS, the Swiss bank, is facing calls from French prosecutors to pay a fine of 3.7 billion euros for what it contends is helping wealthy...

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PNC Bank Tests CNP Fraud Solution For Commercial Cards
PNC Bank Tests CNP Fraud Solution For Commercial Cards
November 08, 2018  |  B2B Payments

PNC Bank’s Treasury Management unit is testing a new solution to address card-not-present (CNP) fraud for commercial clients. The company said in a press release Wednesday...

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When Billionaires Break Bad: Living Large Through Outsized Accounting Scams
When Billionaires Break Bad: Living Large Through Outsized Accounting Scams
November 07, 2018  |  Security & Fraud

Even the very rich are sometimes tempted to steal. And often when they steal, they steal … big. Get the Full Story Complete the form...

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Why Real-Time Payments Need Real-Time Trust
Why Real-Time Payments Need Real-Time Trust
November 06, 2018  |  B2B Payments

It can be a moment of anxiety, worry and mistrust: that moment when a digital payment is sent into what was once called the ether....

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Why KYC Is As Critical For Political Ads As It Is For Payments Transactions
Why KYC Is As Critical For Political Ads As It Is For Payments Transactions
November 05, 2018  |  Facebook

There are only hours to go before the U.S. midterm elections. Much is at stake, but beyond who controls the House and Senate, social media...

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