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.

UK Raises Contactless Spending Limit to £30

UK Raises Contactless Spending Limit to £30
UK Raises Contactless Spending Limit to £30
February 09, 2015  |  News

The growing popularity of contactless payments in the U.K. has propelled the spending limit on contactless cards to be raised by £10 to £30 starting...

READ MORE >
Rising Mobile Commerce Fraud Costing Retailers
Rising Mobile Commerce Fraud Costing Retailers
February 06, 2015  |  Mobile Commerce

Mobile commerce fraud is costing retailers an average of 3 percent of their total revenues, and the faster m-commerce grows, the more fraud will cost,...

READ MORE >
Pepperoni Payments Peril: Massive Payment Swindle Used Mobile Pizza
Pepperoni Payments Peril: Massive Payment Swindle Used Mobile Pizza
December 08, 2014  |  Mobile

It’s long been common practice for cyberthieves to test stolen cards online, often with a tiny charge on a charity site, to quickly determine which...

READ MORE >