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.

19 Charged In Transnational Fraud Scheme Sting
19 Charged In Transnational Fraud Scheme Sting
March 02, 2017  |  Security & Fraud

Authorities in the U.S. have reportedly charged some 19 people with crimes, including money laundering and wire fraud, according to the United States Attorney’s office....

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Pegasystems Eyes RegTech Shortcomings
Pegasystems Eyes RegTech Shortcomings
March 02, 2017  |  B2B Payments

RegTech is here, but while major FIs are working with FinTech innovators to get a jumpstart on innovation in areas ranging from lending to P2P payments,...

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New York Upgrades Cybersecurity Regulations For Finance
New York Upgrades Cybersecurity Regulations For Finance
March 01, 2017  |  Security & Fraud

In the ever changing and increasingly connected technology age, the amount of vulnerable information regarding financial details is becoming somewhat insurmountable. One organization in the...

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Fighting Fraud Via Better Digital IDs
Fighting Fraud Via Better Digital IDs
February 20, 2017  |  Innovation

The process of identification is one that identifies friend or foe and one that builds trust. In commerce, that process extends to ensure that the...

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Hacker Tracker: Shimmers, Identity Fraud, And Hacked Hotels
Hacker Tracker: Shimmers, Identity Fraud, And Hacked Hotels
February 10, 2017  |  Security & Fraud

Just when payment card data seemed somewhat protected by EMV technology, hackers have found yet another way to steal information and gain access to PINs....

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Data Enablers: Verifi And Fighting The Chargeback
Data Enablers: Verifi And Fighting The Chargeback
February 10, 2017  |  data enablers

Fraud is certainly a focus in the modern market, but the consumer end tends to get a bit more attention than the merchant end. That...

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Alibaba Defends Itself Against Counterfeit Accusations
Alibaba Defends Itself Against Counterfeit Accusations
February 10, 2017  |  Retail

Alibaba Group Holding has alleged that an intellectual property (IP) agency was filing false complaints against vendors on its eCommerce platforms, calling for a boycott of...

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Fraud Firm Rippleshot Scores $2.6M, Plans Growth
Fraud Firm Rippleshot Scores $2.6M, Plans Growth
February 09, 2017  |  Investments

Chicago-based fraud analytics startup Rippleshot recently announced it raised $2.6 million in venture capital funding from a number of contributors. The funding round was led by...

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No Fraud Spike With Same Day ACH, Says NACHA
No Fraud Spike With Same Day ACH, Says NACHA
February 07, 2017  |  Faster Payments

NACHA wants to quell any anxieties about the rollout of Same Day ACH, and the latest data from the payments group should breathe new confidence...

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