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.

Top News In Payments: Amex To Debut Pay With Bank Transfer; Microsoft Rolls Out Dynamics 365 Commerce

Top News In Payments: Amex To Debut Pay With Bank Transfer; Microsoft Rolls Out Dynamics 365 Commerce
Top News In Payments: Amex To Debut Pay With Bank Transfer; Microsoft Rolls Out Dynamics...
September 24, 2019  |  News

Today in the payments news roundup, American Express is rolling out a new Pay with Bank Transfer product to U.K. consumers. Also, Microsoft has launched...

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MyPayrollHR Founder Faces $70M Fraud Charge
MyPayrollHR Founder Faces $70M Fraud Charge
September 24, 2019  |  Cybersecurity

The CEO and founder of the New York payroll company MyPayrollHR was arrested and charged Monday (Sept. 23) in a $70 million bank fraud scheme...

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For AML, Three ‘I’s: Innovation, Interoperability … And Identity
For AML, Three ‘I’s: Innovation, Interoperability … And Identity
September 24, 2019  |  Cybersecurity

If the backbone of digital commerce is trust, here are a few vertebrae: innovation, interoperability and identity. Zac Cohen, general manager at Trulioo, tells Karen Webster...

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Apple’s iOS13 Said To Have Payment Security Issues
Apple’s iOS13 Said To Have Payment Security Issues
September 23, 2019  |  Cybersecurity

Two Apple iOS 13 users took to Reddit to share some payment security issues they faced when using the tech giant’s newest iteration of its...

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Oracle Offers AI Automation For AML Compliance
Oracle Offers AI Automation For AML Compliance
September 23, 2019  |  Cybersecurity

Financial crimes risk management software company Quantifind and Oracle Financial Services have teamed up to improve anti-money laundering (AML) compliance and to add intelligence and...

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FICO Launches Fraud-Fighting AI Tech
FICO Launches Fraud-Fighting AI Tech
September 23, 2019  |  Cybersecurity

Credit scoring and analytics company FICO is launching the FICO Falcon X and the FICO Financial Crimes Studio to help data scientists leverage artificial intelligence...

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How ButcherBox ‘Meats’ The Challenges Of Subscription Commerce
How ButcherBox ‘Meats’ The Challenges Of Subscription Commerce
September 23, 2019  |  Subscriptions

Americans are eager carnivores, with more than 54.3 billion pounds of beef and pork expected to be produced (and presumably consumed) this year alone. Meat...

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Banks’ Definitive B2B Payments Guide To Sibos
Banks’ Definitive B2B Payments Guide To Sibos
September 23, 2019  |  B2B Payments

Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business unit to another...

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