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.

Startup Spotlight: Invisible Payments, Invisible Hacks

Startup Spotlight: Invisible Payments, Invisible Hacks
Startup Spotlight: Invisible Payments, Invisible Hacks
January 12, 2018  |  Security & Fraud

Invisible payments are convenient…until they’re not. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Changing The Chargeback Conversation
Changing The Chargeback Conversation
January 11, 2018  |  Startup Check-In

Nobody likes chargebacks: They’re costly and time-consuming to resolve and can lose merchants a lot of money. But not everybody takes them as personally as...

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Emailage Eyes APAC For 2018 Expansion
Emailage Eyes APAC For 2018 Expansion
January 11, 2018  |  Startup Check-In

In 2017, startup Emailage locked down its presence in Europe by working to close accounts with large banks and institutions across the European and Middle...

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Today In Data: Missed Sales, Unredeemed Rewards And Fraudulent Travel Expenses
Today In Data: Missed Sales, Unredeemed Rewards And Fraudulent Travel Expenses
January 11, 2018  |  Today In Data

Today in PYMNTS’ data, retailers are missing out on sales opportunities, billions in customer loyalty reward points go unredeemed each year, underwriting and risk management...

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AI: Expense Fraud’s New BFF
AI: Expense Fraud’s New BFF
January 11, 2018  |  B2B Payments

Removing friction from the payments experience isn’t just about helping consumers spend their own money. FinTech is permeating the enterprise as more managers aim to...

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Oversight Launches T&E Fraud Identification Tool
Oversight Launches T&E Fraud Identification Tool
January 10, 2018  |  B2B Payments

Oversight Systems has updated its Insights On Demand software-as-a-service (SaaS) solutions to provide managers with quicker ways to identify expense report fraud. Get the Full...

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Uber Settles NY Driver Fees Lawsuit For $3M
Uber Settles NY Driver Fees Lawsuit For $3M
January 10, 2018  |  Payments Innovation

Ride-hailing app company Uber reached a settlement with more than 2,000 New York drivers, agreeing to pay $3 million. Get the Full Story Complete the...

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Chinese Pyramid Scheme Lands Fraudsters In The Pokey – For Life
Chinese Pyramid Scheme Lands Fraudsters In The Pokey – For Life
January 10, 2018  |  International

A Chinese court has sentenced two people to life in prison for fraud, with 19 others getting up to 12 years in prison for their...

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Western Union Slapped With $60M Fine Over AML Lapses
Western Union Slapped With $60M Fine Over AML Lapses
January 05, 2018  |  Security & Fraud

Western Union has agreed to pay a $60 million fine as part of a consent order with the New York State Department of Financial Services....

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