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.

Alibaba Defends Itself Against Counterfeit Accusations
Alibaba Defends Itself Against Counterfeit Accusations
February 10, 2017  |  Retail

Alibaba Group Holding has alleged that an intellectual property (IP) agency was filing false complaints against vendors on its eCommerce platforms, calling for a boycott of...

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Fraud Firm Rippleshot Scores $2.6M, Plans Growth
Fraud Firm Rippleshot Scores $2.6M, Plans Growth
February 09, 2017  |  Investments

Chicago-based fraud analytics startup Rippleshot recently announced it raised $2.6 million in venture capital funding from a number of contributors. The funding round was led by...

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No Fraud Spike With Same Day ACH, Says NACHA
No Fraud Spike With Same Day ACH, Says NACHA
February 07, 2017  |  Faster Payments

NACHA wants to quell any anxieties about the rollout of Same Day ACH, and the latest data from the payments group should breathe new confidence...

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Businesses Worried Over EBA’s New Standards For Online Payments
Businesses Worried Over EBA’s New Standards For Online Payments
February 07, 2017  |  Security & Fraud

Businesses and banks are concerned over new proposed standards from the European Banking Authority (EBA) that would require “strong customer authentication” for all electronic payments over...

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Fraud’s $50B Identity Crisis
Fraud’s $50B Identity Crisis
February 06, 2017  |  Security & Fraud

The use of fake or synthetic identities is actually scarier than it may sound, in fact, the fraud perpetrated by the cybercriminals behind these identities...

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PYMNTS Daily Data Dive: Identity Fraud
PYMNTS Daily Data Dive: Identity Fraud
February 02, 2017  |  Security & Fraud

Most people never dream that identity fraud could happen to them in their lifetime. And if it’s not caught quickly, there’s a significant chance of nefarious...

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YapStone And Making Marketplaces Manageable
YapStone And Making Marketplaces Manageable
February 02, 2017  |  Payment Methods

These days, there is literally an online marketplace for every need. Whether it be workers, office space, rides, vacation homes, food delivery, graphic designers or...

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PYMNTS Daily Data Dive: Trump’s Cybersecurity Executive Order
PYMNTS Daily Data Dive: Trump’s Cybersecurity Executive Order
February 01, 2017  |  Daily Data Dive

We’ve seen quite a flurry of activity in the new Trump administration over the past week and a half. Get the Full Story Complete the...

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Vesta’s Vista On The Merchant’s Fraud Challenge
Vesta’s Vista On The Merchant’s Fraud Challenge
February 01, 2017  |  Security & Fraud

ECommerce merchants: Call it a trifecta of pressures hitting you right where you live — at the top and bottom lines. Vesta’s Tom Byrnes, CMO,...

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