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.

DMG Blockchain Tackles AML For Crypto Exchanges

DMG Blockchain Tackles AML For Crypto Exchanges
DMG Blockchain Tackles AML For Crypto Exchanges
May 08, 2018  |  B2B Payments

DMG Blockchain Solutions announced a new tool for crypto exchanges and enterprise payment platforms that facilitate cryptocurrency transactions aimed at enabling anti-money laundering (AML) and...

READ MORE >
Fiserv Launches Fraud-Scoring Tool Designed to Catch Breaches Early
Fiserv Launches Fraud-Scoring Tool Designed to Catch Breaches Early
May 08, 2018  |  Fraud Prevention

It’s all about the head-start. That’s the prime idea behind a new anti-fraud product from Fiserv, which said Monday (May 7) that it had partnered...

READ MORE >
Fiserv’s Davie: Card Reissuance Post-Breach: Why Less Is More
Fiserv’s Davie: Card Reissuance Post-Breach: Why Less Is More
May 08, 2018  |  Security & Fraud

Only 5 to 10 percent of cards whose data is exposed in a breach end up getting used in fraudulent transactions, a Fiserv executive says...

READ MORE >
With Same-Day ACH, You’d Better Have Same-Day Fraud Detection
With Same-Day ACH, You’d Better Have Same-Day Fraud Detection
May 07, 2018  |  B2B Payments

Accelerating payments mean financial institutions have less time to identify fraud before a transaction clears and settles. With Same-Day ACH now a reality in the...

READ MORE >
Can FinTech Walk The FinTalk?
Can FinTech Walk The FinTalk?
April 30, 2018  |  Payments Innovation

Benjamin Franklin is best remembered as a signer of the Declaration of Independence in 1776 and a prolific inventor who created the lightning rod after...

READ MORE >
GDPR & PSD2: A Silver Lining For Fraudsters?
GDPR & PSD2: A Silver Lining For Fraudsters?
April 30, 2018  |  Regulation

The deadlines for compliance with new European data regulations are right around the corner, and the impact of these changes won’t be limited to the...

READ MORE >
Amazon’s Marketplace Struggles With Mislabeled Goods
Amazon’s Marketplace Struggles With Mislabeled Goods
April 27, 2018  |  Amazon

While Amazon has spent years looking into counterfeit and otherwise mislabeled goods, the company continues to face the challenge of overseeing its own eCommerce platform....

READ MORE >
Five On Five: A New Way To Fight Online Counterfeiters
Five On Five: A New Way To Fight Online Counterfeiters
April 26, 2018  |  Payments Innovation

Welcome to Five on Five, your late look at some of the freshest payments news of the day. Today’s stories cover subjects ranging from online...

READ MORE >
Wells Fargo Handling Of Retirement Assets Under Scrutiny
Wells Fargo Handling Of Retirement Assets Under Scrutiny
April 26, 2018  |  Bank Regulation

The Department of Labor is examining if Wells Fargo pushed retirement-planning customers into pricier accounts and toward buying more expensive investment funds, generating more fees...

READ MORE >