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.

In Open Letter, Wells Fargo Says It Is Committed To Customers
In Open Letter, Wells Fargo Says It Is Committed To Customers
April 05, 2017  |  Security & Fraud

Wells Fargo is seeking to reassure its customers, and perhaps gain new ones, with a commitment stated in black and white. In an open letter,...

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Ponzi Schemes Are Alive and Kicking
Ponzi Schemes Are Alive and Kicking
April 04, 2017  |  Security & Fraud

The art of deceiving people out of money is nothing new. Dating back to the twentieth century with Charles Ponzi, Ponzi schemes have been used...

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When Treasurers Are SMEs’ Worst Enemies
When Treasurers Are SMEs’ Worst Enemies
April 04, 2017  |  B2B Payments

Insider fraud is an often overlooked threat to an organization that is instead looking outward to protect its money and data. According to research released...

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Netspend Agrees To Settle FTC Allegations
Netspend Agrees To Settle FTC Allegations
April 03, 2017  |  Security & Fraud

After a lengthy legal process with the Federal Trade Commission (FTC), the Netspend Corporation has come to an agreement. The company, which serves those without...

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FTC Returns Funds to Debt Collection Scheme Victims
FTC Returns Funds to Debt Collection Scheme Victims
March 31, 2017  |  Debt

Anyone who’s ever been strapped for cash and looking for a small loan to tide them over until payday has likely turned to debt collection businesses....

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Sizzle/Fizzle: In Banking, Truth as Currency
Sizzle/Fizzle: In Banking, Truth as Currency
March 31, 2017  |  Sizzle/Fizzle

If you were in the market for a credit card or looking to sell a house, this past week was a good one, as rewards...

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XOR Data Exchange Releases Fraud Prevention Tool For Online Retailers
XOR Data Exchange Releases Fraud Prevention Tool For Online Retailers
March 29, 2017  |  What's Hot

Online retailers just got a new tool in the fight against identity theft and fraud. XOR Data Exchange, Austin-based data and analytics startup, just recently...

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ATMs Drive Debit Card Fraud To Record Heights
ATMs Drive Debit Card Fraud To Record Heights
March 29, 2017  |  Security & Fraud

Fraud detection and prevention is no cottage industry. As debit and credit cards grow in the field, making inroads to consumers where they’d not been...

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How Signifyd Wants To Keep The Right Thing On Retailers’ Plates
How Signifyd Wants To Keep The Right Thing On Retailers’ Plates
March 29, 2017  |  Fraud Attack

While retailers of late have worked hard to broaden the range of experiences they offer, there are some things that no reasonable person would expect...

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