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.

PODCAST: Why Merchants Should Go ‘Auth Shopping’

PODCAST: Why Merchants Should Go ‘Auth Shopping’
PODCAST: Why Merchants Should Go ‘Auth Shopping’
November 12, 2018  |  Merchant Innovation

Decline rates are on the rise, reaching 30 percent of CNP transactions, depending on where one looks. Bruce Parker, CEO of ModoPayments, said that’s a...

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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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