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.

CGI Elevates Fraud, Compliance Risk Mitigation For Banks

CGI Elevates Fraud, Compliance Risk Mitigation For Banks
CGI Elevates Fraud, Compliance Risk Mitigation For Banks
October 22, 2018  |  B2B Payments

CGI has announced the launch of CGI HotScan360, an enhanced version of its industry leading HotScan solution. Get the Full Story Complete the form to...

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Invoice Fraud Hits Microsoft?
Invoice Fraud Hits Microsoft?
October 19, 2018  |  B2B Payments

Invoice fraud — changing details so that money is routed to fraudsters’ bank accounts — may have hit Microsoft through one of its own employees. Elsewhere,...

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Citi, HSBC Join Bank Group In Global Trade Finance Effort
Citi, HSBC Join Bank Group In Global Trade Finance Effort
October 19, 2018  |  B2B Payments

Citi, HSBC and Banco Santander are among seven major global banks that are banding together to form a cross-border trade finance network, Reuters reported Thursday (Oct....

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To Fight Fake IDs And Online Fraud, Know Thy Enemy Better
To Fight Fake IDs And Online Fraud, Know Thy Enemy Better
October 19, 2018  |  Fraud Prevention

To really beat someone, or something, one must respect and understand that person or organization, even if they dislike or loathe them. That’s ancient wisdom...

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How FIs Are Combating Increasingly Sophisticated Attacks
How FIs Are Combating Increasingly Sophisticated Attacks
October 19, 2018  |  Digital Banking

As cybercriminals ramp up their attacks, a growing number of FIs are turning to AI and machine learning to protect customers and assets. However, that...

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Today In Data: Digital Solutions To Inefficient Problems
Today In Data: Digital Solutions To Inefficient Problems
October 18, 2018  |  Today In Data

The world is full of inefficiencies, some more grating than others – such as B2B transactions’ ongoing reliance on paper for payments to the ongoing “tax” fraudsters and...

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