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.

Is Mobile Device First The Best Defense Against Online Fraudsters?
Is Mobile Device First The Best Defense Against Online Fraudsters?
June 08, 2018  |  Security & Fraud

Consumers want a seamless transaction. Banks and enterprises want to know the person trying to transact is legit. The digital realm is ripe with challenge...

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Mastercard Announces The Launch Of AI Express
Mastercard Announces The Launch Of AI Express
June 04, 2018  |  Mastercard

To help companies that want to jump into the artificial intelligence (AI) revolution — but are perhaps unsure where to actually start — the team...

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AIG: WannaCry, Data Breaches Made 2017 Worst Year Yet
AIG: WannaCry, Data Breaches Made 2017 Worst Year Yet
June 04, 2018  |  Security & Fraud

Following a series of sophisticated cyberattacks, such as WannaCry and NotPetya, AIG received a surge of cyber claims in 2017: The insurer saw as many...

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Fraudsters Go Omnichannel
Fraudsters Go Omnichannel
May 31, 2018  |  Security & Fraud

As commerce goes increasingly digital, the bad guys are going omnichannel. More and more, according to Luke Reynolds, CPO at Featurespace, fraudsters are "going back...

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Boloro Takes An ATM Approach To Consumer IDV
Boloro Takes An ATM Approach To Consumer IDV
May 31, 2018  |  Data

GDPR has organizations worried about how they handle personal data – but what if consumer authentication and security could be achieved without any data at...

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Higher Learning, Hit By Payments Fraud
Higher Learning, Hit By Payments Fraud
May 30, 2018  |  B2B Payments

Is higher education a conduit to workers skimming from their institutions of learning? Get the Full Story Complete the form to unlock this article and...

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Ex-Exec Of Mexican Bank Pleads Guilty To Wire Fraud
Ex-Exec Of Mexican Bank Pleads Guilty To Wire Fraud
May 30, 2018  |  International

A former partner and part-owner of Mexico’s InvestaBank SA has pleaded guilty to a U.S. charge that he fraudulently obtained $21 million in tax refunds...

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Kenya Charges Civil Servants In $100M Theft Of Public Funds
Kenya Charges Civil Servants In $100M Theft Of Public Funds
May 29, 2018  |  Fraud Prevention

The authorities in the country of Kenya have charged 54 people — most of them civil servants — with stealing close to $100 million of public...

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Estonia Sees $13B In Money Laundering Over Four Years
Estonia Sees $13B In Money Laundering Over Four Years
May 25, 2018  |  International

After reports of money laundering caused lenders in Estonia and Latvia to close, police said on Friday (May 25) that more than $13 billion (or...

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