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.

Fraugster Launches eCommerce Fraud Prevention Tool
Fraugster Launches eCommerce Fraud Prevention Tool
June 22, 2017  |  Fraud Prevention

Fraud protection will likely be an ongoing task for merchants. This week, German-Israeli payment security company Fraugster debuted its answer to the fraud conundrum. The new Fraud Free...

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Vesta Corporation Shows Innovation A Hidden Victim Of Fraud
Vesta Corporation Shows Innovation A Hidden Victim Of Fraud
June 22, 2017  |  B2B Payments

The threat cybersecurity holds over corporations today is massive. From email scams to malware, businesses have to keep their guard up or risk losing big...

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How To Feed The Fraud Fighting Machine
How To Feed The Fraud Fighting Machine
June 22, 2017  |  CEO Series

How do machines learn to learn? In Episode Three of PYMNTS’ machine learning podcast, Socure CEO Sunil Madhu and PYMNTS CEO Karen Webster get technical...

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Fighting Fraud By Not Focusing On It
Fighting Fraud By Not Focusing On It
June 22, 2017  |  Fraud Prevention

Machine learning can help find real cyber transaction fraud while letting the “good” payments go through. TSYS’ EVP Karim Ahmad and Featurespace CEO Martina King...

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How Porch Pirates Subtly Steer E-commerce
How Porch Pirates Subtly Steer E-commerce
June 22, 2017  |  eCommerce

While we tend to associate high-tech fraud with eCommerce thieves, as it turns out, it’s a big ecosystem with room enough for good old-fashioned, smash-and-grab...

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AimBrain Raises £4 Million For Its Biometrics-As-A-Service Platform
AimBrain Raises £4 Million For Its Biometrics-As-A-Service Platform
June 21, 2017  |  Authentication

AimBrain, a London-based startup providing clients with biometric identity fraud protection services, has raised £4 million in Series A funding. According to a report in TechCrunch,...

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NTechLab’s FindFace Facial Recognition Technology Has Applications In Retail, Public Safety
NTechLab’s FindFace Facial Recognition Technology Has Applications In Retail, Public Safety
June 20, 2017  |  Safety and Security

FindFace started as a futuristic social technology for identifying strangers by scanning their faces with a smartphone camera. Two years later, the facial recognition technology is...

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TeleSign Offers New iOS Capabilities For App Verify, Protects From Fraud
TeleSign Offers New iOS Capabilities For App Verify, Protects From Fraud
June 16, 2017  |  Mobile Applications

TeleSign, the world’s first end-to-end communications platform as a service, announced new iOS capabilities for its mobile app verification service, App Verify. According to a...

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FTC Announces NetSpend Is Refunding Customers As Part Of A Settlement
FTC Announces NetSpend Is Refunding Customers As Part Of A Settlement
June 16, 2017  |  Security & Fraud

The Federal Trade Commission announced Thursday (June 15) that NetSpend, the operator of a debit card, is providing refunds to settle charges that people couldn’t...

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