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.

Banks Struggle To Overcome Mobile Deposit Fraud

Banks Struggle To Overcome Mobile Deposit Fraud
Banks Struggle To Overcome Mobile Deposit Fraud
November 06, 2014  |  Mobile

As deposit-by-smartphone becomes more popular, banks and imaging vendors are looking for new ways to block a new type of fraud: customers cashing a check...

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Cyberthieves Target Rewards Points
Cyberthieves Target Rewards Points
November 03, 2014  |  News

Payments professionals invest a lot of time and money protect payment card data and shopper PII specifics, but thieves are now zeroing in on an...

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Credit Unions, Retail Groups Finger-Pointing On Payment Security
Credit Unions, Retail Groups Finger-Pointing On Payment Security
October 31, 2014  |  News

A volley of accusatory news releases and letters to Congress between groups representing major retailers and credit unions has erupted, with each side accusing the...

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How One Thief Used 12 Credit Cards To Make One Purchase
How One Thief Used 12 Credit Cards To Make One Purchase
October 31, 2014  |  News

In the fight against payment card fraud, law enforcement has always argued that retail must work together with police. But one top police official this...

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Feds Figure Out Who Did Not Attack Chase
Feds Figure Out Who Did Not Attack Chase
October 21, 2014  |  News

At a briefing from the FBI and the U.S. Secret Service, authorities say that they no longer suspect the Russian government of playing any role...

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Why POTUS’ Credit Card Got Declined
Why POTUS’ Credit Card Got Declined
October 20, 2014  |  News

Seems that payment card fraud issues even impact the President of the United States as President Barack Obama just discovered. Get the Full Story Complete...

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Supervalu Reports Second Data Breach
Supervalu Reports Second Data Breach
October 01, 2014  |  News

Supervalu has discovered a second data breach—a “separate intrusion” potentially launched by a different sets of cyberthieves—that hit many of its grocery stores. The chain...

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Amazon Unit Lets Expensive Downloads Happen Before Verifying Payment
Amazon Unit Lets Expensive Downloads Happen Before Verifying Payment
September 16, 2014  |  News

The Amazon Audible unit lets shoppers sign up using fake payment card data, fake E-mail addresses and fake names and then permits them to download...

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It is time to (Re)-invent Digital Identity
It is time to (Re)-invent Digital Identity
September 12, 2014  |  Controversial

Nowadays, barely a week goes by where news does not emerge of another major cyber attack, putting at risk consumer information. For more than a...

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