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.

PYMNTS Daily Data Dive: US Data Breaches
PYMNTS Daily Data Dive: US Data Breaches
January 24, 2017  |  Daily Data Dive

According to a report highlighting findings from the Identity Theft Resource Center and CyberScout, data breaches in the U.S. reached an all-time high in 2016:...

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Living (Dangerously) In The Land Of The Mag Stripe
Living (Dangerously) In The Land Of The Mag Stripe
January 20, 2017  |  Security & Fraud

The years may change, but one thing in financial services remain the same: the threat of fraud. John Buzzard, fraud executive expert of CO-OP Financial...

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Alibaba Cracks Down On Counterfeits
Alibaba Cracks Down On Counterfeits
January 05, 2017  |  Retail

Alibaba is taking more measures to crack down counterfeiters using its eCommerce site Taobao weeks after the site was blacklisted by the Office of the...

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Why Fraudsters Are Targeting Global Citizens
Why Fraudsters Are Targeting Global Citizens
January 04, 2017  |  International

It doesn’t take long for fraudsters to find new vulnerabilities in payments — and when they do, all bets are off. In recent months, there’s...

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ACH Faster Payments Stress Fraud Protections
ACH Faster Payments Stress Fraud Protections
December 30, 2016  |  Faster Payments

Faster payments may be speeding up transactions for consumers, but it may also be putting pressure on the systems banks have in place to fight...

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Fighting Fraud — One Microsegment At A Time
Fighting Fraud — One Microsegment At A Time
December 14, 2016  |  Security & Fraud

Firewalls are out; hyperawareness of where data is flowing across networks and endpoints is in. The brand new Unisys Stealth(aware) platform takes a page from...

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Radial Fights Fraud, Releases Annual Holiday Fraud Index
Radial Fights Fraud, Releases Annual Holiday Fraud Index
December 13, 2016  |  Retail

Radial is an industry leader in omnichannel commerce technology and operations. With headquarters in King Of Prussia, Pennsylvania, Radial provides major brands and merchants with...

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More Accusations Against Wells Fargo
More Accusations Against Wells Fargo
December 12, 2016  |  Banking

This year hasn’t been the best for banking and financial services company Wells Fargo. Earlier this year, news broke that federal prosecutors were investigating the...

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Amex Acquires InAuth, Boosts Fraud Prevention
Amex Acquires InAuth, Boosts Fraud Prevention
December 06, 2016  |  Partnerships / Acquisitions

American Express recently announced that it had acquired mobile device authentication and intelligence solutions provider InAuth Inc. The specific financial terms of the Amex deal...

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