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.

Stripe and Nvidia to Expand Financial Platform’s AI-Powered Features
Stripe and Nvidia to Expand Financial Platform’s AI-Powered Features
October 09, 2024  |  Artificial Intelligence

Stripe and Nvidia expanded their collaboration to enhance Stripe’s artificial intelligence-powered capabilities and enable developers and enterprises to prepay for select Nvidia cloud services. The...

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AI Surge Transforms Finance as Banks, Governance and Trading Evolve
AI Surge Transforms Finance as Banks, Governance and Trading Evolve
October 08, 2024  |  Artificial Intelligence

Artificial intelligence is reshaping finance, with PwC forecasting efficiency gains in banking, FINOS introducing an AI governance framework, and Devexperts bringing AI-powered trading to Discord....

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Government Agencies Investigating Whether Chinese Hackers Targeted US Telecommunications Firms
Government Agencies Investigating Whether Chinese Hackers Targeted US Telecommunications Firms
October 07, 2024  |  Cybersecurity

The National Security Agency (NSA), other government agencies and some companies have reportedly begun investigating the possibility that Chinese hackers have targeted American telecommunications companies. The...

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SE Asia-Based Scam Groups Raked in $37 Billion in 2023
SE Asia-Based Scam Groups Raked in $37 Billion in 2023
October 07, 2024  |  Fraud Attack

Scammers based in Southeast Asia took in up to $37 billion in 2023. These groups are still ramping up their efforts in spite of increased...

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How to Stop Real Estate Fraud? Make Sure the Government-Issued ID Isn’t Fake
How to Stop Real Estate Fraud? Make Sure the Government-Issued ID Isn’t Fake
October 07, 2024  |  Authentication

The line from “The Godfather” rings true in the age of digital fraud and stolen identities: It’s not personal; it’s strictly business. A guiding principle...

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Passkeys Replace Passwords as Banks Seek Better Authentication Options
Passkeys Replace Passwords as Banks Seek Better Authentication Options
October 07, 2024  |  Authentication

In the 21st-century financial services sector, security is paramount, and threats abound. As sophisticated cyber threats, from deepfakes to cloud vulnerabilities, spread from every corner...

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UK’s APP Fraud Reimbursement Rule Goes Into Effect Monday
UK’s APP Fraud Reimbursement Rule Goes Into Effect Monday
October 06, 2024  |  Security & Fraud

This week marks a major change in how U.K. banks and payment firms address fraud. Beginning Monday (Oct. 7), these organizations will be required to...

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Zimbra Patches Security Vulnerability and Urges Users to Update Software
Zimbra Patches Security Vulnerability and Urges Users to Update Software
October 04, 2024  |  Security & Fraud

Business productivity suite Zimbra is urging administrators to ensure the latest security updates have been added to their systems, as the company fixed a security...

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A Master Class on Helping SMBs Thrive in an Omnichannel World
A Master Class on Helping SMBs Thrive in an Omnichannel World
October 04, 2024  |  SMBs

The small businesses that are the backbone of each community across the United States are, collectively, the mainstay of everyday life. They employ millions who...

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