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.

Today In Data: The Challenges Of Finding And Protecting Value

Today In Data: The Challenges Of Finding And Protecting Value
Today In Data: The Challenges Of Finding And Protecting Value
December 17, 2018  |  Today In Data

In recent years, the payments and commerce ecosystem has been about the finding new value – and then finding ways to protect it. It’s why...

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EMVCo Updates Protocol To Prevent CNP Fraud
EMVCo Updates Protocol To Prevent CNP Fraud
December 17, 2018  |  Cybersecurity

EMVCo, the global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions,  announced late last week that it published the EMV 3-D...

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UK Reg Tackles Authorized Push Payment Fraud
UK Reg Tackles Authorized Push Payment Fraud
December 14, 2018  |  Legal & Regulation

In an effort to help authorized push payment (APP) fraud victims, The U.K.’s Financial Conduct Authority (FCA) unveiled new rules on Friday (Dec. 14). As...

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Vocalink: Freezing Mule Accounts With AML Tech
Vocalink: Freezing Mule Accounts With AML Tech
December 14, 2018  |  Cybersecurity

Whoa, mule. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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AriseBank To Pay $2.3M Over ICO Violations
AriseBank To Pay $2.3M Over ICO Violations
December 13, 2018  |  Cybersecurity

AriseBank, a startup that ran afoul of regulators in the U.S. with its initial coin offering (ICO), agreed to pay $2.3 million, reported The Wall...

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How Smarter Payments Are Making The Gig Economy Safer
How Smarter Payments Are Making The Gig Economy Safer
December 13, 2018  |  Smarter Payments

Even as technologies and payments get smarter, some firms still employ less-than-smart practices. For example, in the freelance market, says Engage Technology Partners Chief Product...

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Whitepages Pro CEO: Fraud 3.0 And Why Merchants Are Unprepared
Whitepages Pro CEO: Fraud 3.0 And Why Merchants Are Unprepared
December 13, 2018  |  Fraud Prevention

Computing power is dirt cheap, thanks to cloud infrastructure. Jurisdiction is always a few steps behind, though — who is really going to bust down...

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Jumio: Why Online Love Doesn’t Have To Attract Fraudsters
Jumio: Why Online Love Doesn’t Have To Attract Fraudsters
December 12, 2018  |  Authentication

The prospect of love always carries with it the prospect of danger. One can interpret that many ways — philosophically, poetically, psychologically. Right now, though,...

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