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.

Velera Debuts ID Verification Tool for Credit Union Members
Velera Debuts ID Verification Tool for Credit Union Members
August 01, 2024  |  Identity

Credit union service organization Velera has introduced an identity security/authentication tool. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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8 in 10 Large Merchants Have Faced Cyber Attacks in Past Year
8 in 10 Large Merchants Have Faced Cyber Attacks in Past Year
August 01, 2024  |  Cybersecurity

Merchants in the United States, particularly those handling international transactions, are grappling with increasing cybersecurity challenges. Get the Full Story Complete the form to unlock...

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Defending Against the Scam-Filled Fallout From Digital Disruptions
Defending Against the Scam-Filled Fallout From Digital Disruptions
July 31, 2024  |  Security & Fraud

Fraudsters are drawn to compromised digital ecosystem like ants to a picnic. Get the Full Story Complete the form to unlock this article and enjoy...

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Will Earned Wage Access Unlock FedNow Sender Adoption?
Will Earned Wage Access Unlock FedNow Sender Adoption?
July 30, 2024  |  Faster Payments

One year on, FedNow and instant payments are seeing a groundswell of interest and intention to speed up funds paid out to individuals. Taking stock...

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WTO Countries Sign Global eCommerce Agreement That Would Ban Tariffs
WTO Countries Sign Global eCommerce Agreement That Would Ban Tariffs
July 28, 2024  |  eCommerce

Several dozen World Trade Organization (WTO) countries have signed a sweeping agreement governing global eCommerce. Get the Full Story Complete the form to unlock this...

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UK Crime Agency, Banks Cooperate to Identify Organized Crime
UK Crime Agency, Banks Cooperate to Identify Organized Crime
July 26, 2024  |  Security & Fraud

The United Kingdom’s National Crime Agency (NCA) and seven U.K. banks are working together to identify and take action against organized crime. Get the Full...

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FinTech IPO Index Falls 2%; SoFi’s Galileo Leads With Move Into 3DS
FinTech IPO Index Falls 2%; SoFi’s Galileo Leads With Move Into 3DS
July 26, 2024  |  Fintech Investments

Only one name in the FinTech IPO Index posted earnings this week, as the overall group was down 1.95% through the past five days. Amid...

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Crisis as Catalyst: What AT&T, CrowdStrike Incidents Say About Recovery Best Practices
Crisis as Catalyst: What AT&T, CrowdStrike Incidents Say About Recovery Best Practices
July 24, 2024  |  Connected Economy

Never let a crisis go to waste, as the adage goes. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Mastercard Doubles Fraud Detection Rate With Generative AI
Mastercard Doubles Fraud Detection Rate With Generative AI
July 24, 2024  |  Security & Fraud

Mastercard has unveiled a new approach to identify compromised payment cards, leveraging a combination of generative artificial intelligence and graph technology. The company reports that...

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