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.

Federal Reserve Bars CEO Convicted of Embezzlement From Banking Industry
Federal Reserve Bars CEO Convicted of Embezzlement From Banking Industry
November 21, 2024  |  Security & Fraud

The Federal Reserve Board said Thursday (Nov. 21) that it prohibited Shan Hanes, a former CEO of Heartland Tri-State Bank who was convicted of embezzlement,...

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New AI Agents Take on Management Jobs
New AI Agents Take on Management Jobs
November 21, 2024  |  Artificial Intelligence

A new breed of autonomous artificial intelligence called agents is taking over customer service and operations at major companies, making decisions that, until recently, required...

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BioCatch Unveils ‘Behavior-Based’ Financial Crime Intelligence Network
BioCatch Unveils ‘Behavior-Based’ Financial Crime Intelligence Network
November 20, 2024  |  Security & Fraud

Fraud prevention firm BioCatch launched what it called “the world’s first interbank, behavior-based, financial crime intelligence-sharing network.” Get the Full Story Complete the form to...

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Financial Institutions Face Surge in Check Fraud
Financial Institutions Face Surge in Check Fraud
November 19, 2024  |  News

Banks, credit unions and brokerages are reportedly racing to keep up with a surge in check fraud as tips for committing the crime are being...

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Digital Wallets Help Drive Widespread Adoption of Network Tokens
Digital Wallets Help Drive Widespread Adoption of Network Tokens
November 18, 2024  |  Blockchain

No matter the application, the guiding principle behind tokenization remains the same: replacing sensitive data with a digital representation (token) that protects that data. Get...

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AI Video Tool Scams Target Content Creators
AI Video Tool Scams Target Content Creators
November 18, 2024  |  artificial intelligence

Cybersecurity researchers have uncovered a sophisticated malware campaign using fake AI video generation software to steal sensitive data from Windows and Mac users, highlighting new...

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Why the Customer Experience Should Drive Fraud Prevention Strategies
Why the Customer Experience Should Drive Fraud Prevention Strategies
November 18, 2024  |  Opinion

A solid fraud prevention strategy includes reducing false positives and ensuring an improved customer experience, Featurespace founder Dave Excell writes in a new PYMNTS eBook,...

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Intellicheck CEO Sees Demand for Banking ID Verification as Fraudsters Grow Bolder
Intellicheck CEO Sees Demand for Banking ID Verification as Fraudsters Grow Bolder
November 14, 2024  |  Earnings

Investors sent Intellicheck shares lower by 12% Thursday morning (Nov. 14) on a slight revenue miss. Get the Full Story Complete the form to unlock...

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How 21st Century CISOs Balance AI Risks Against Rewards
How 21st Century CISOs Balance AI Risks Against Rewards
November 14, 2024  |  Artificial Intelligence

Artificial intelligence is a double-edged sword for modern enterprises. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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