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.

Fraud Uncertainty Climbs to 28%, Disrupting Operations for Mid-Market Firms

Fraud Uncertainty Climbs to 28%, Disrupting Operations for Mid-Market Firms
Fraud Uncertainty Climbs to 28%, Disrupting Operations for Mid-Market Firms
March 28, 2025  |  Cybersecurity

There is a growing concern for middle-market firms in the United States, and it surrounds fraud and risk management. Get the Full Story Complete the...

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64% of Credit Unions Plan to Offer Biometrics Authentication
64% of Credit Unions Plan to Offer Biometrics Authentication
March 27, 2025  |  Credit Unions

As is the case with any entity, banks’ relationship with their end customers is only as strong as the trust that exists between the two,...

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Burbank Raises $6 Million to Tackle Online Fraud and Chargebacks
Burbank Raises $6 Million to Tackle Online Fraud and Chargebacks
March 26, 2025  |  Payment Methods

Welsh FinTech Burbank has raised $6 million to bring “tap and PIN” payments online. Get the Full Story Complete the form to unlock this article...

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Cybersecurity Agency Faces Scrutiny Amid Spending Cuts, Personnel Shifts
Cybersecurity Agency Faces Scrutiny Amid Spending Cuts, Personnel Shifts
March 25, 2025  |  Cybersecurity

A part of the U.S. Department of Homeland Security (DHS) responsible for identifying and monitoring cyberattacks has come under scrutiny as the Department of Government...

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Auto Lenders Face Emerging Threat From AI-Powered Fraud Tools
Auto Lenders Face Emerging Threat From AI-Powered Fraud Tools
March 25, 2025  |  Fraud Prevention

Auto lenders face an emerging threat from artificial intelligence (AI)-powered fraud tools, according to Point Predictive. Get the Full Story Complete the form to unlock...

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Fiserv CEO Wants to Tap AI to Find Social Security Fraud 
Fiserv CEO Wants to Tap AI to Find Social Security Fraud 
March 25, 2025  |  Artificial Intelligence

In his years at companies like Fiserv, Frank Bisignano has cultivated a reputation as a fixer. Get the Full Story Complete the form to unlock...

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Westpac to Enable Consumers to Block Accounts When Suspecting Fraud
Westpac to Enable Consumers to Block Accounts When Suspecting Fraud
March 24, 2025  |  Banking

Westpac, a bank operating in Australia and New Zealand, plans to enable customers to immediately block their account through its app or online banking. Get...

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Inspector General Report Points to Banks’ Cybersecurity Risks and Dwindling FDIC ‘IT Expertise’
Inspector General Report Points to Banks’ Cybersecurity Risks and Dwindling FDIC ‘IT Expertise’
March 21, 2025  |  Cybersecurity

A deep dive into Federal Deposit Insurance Corp.’s (FDIC) Office of Inspector General’s latest audit and report on the agency reveals key risks to banks:...

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