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.

Verification Innovations Help Boost Compliance and Fraud Prevention
Verification Innovations Help Boost Compliance and Fraud Prevention
June 07, 2024  |  Authentication

It’s been a busy few weeks in the realm of identity verification. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
43% of Fraudulent Transactions That Hit FIs Are Authorized
43% of Fraudulent Transactions That Hit FIs Are Authorized
June 07, 2024  |  Fraud Prevention

When it comes to payments fraud, the Federal Reserve actually splits the crime into two categories: authorized and unauthorized fraud. Get the Full Story Complete...

READ MORE >
5 Things to Watch as Open Banking Gains Ground in the US
5 Things to Watch as Open Banking Gains Ground in the US
June 06, 2024  |  Regulation

Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed. Get the Full Story Complete...

READ MORE >
TikTok Hit by Security Breach That Used Malicious Links
TikTok Hit by Security Breach That Used Malicious Links
June 04, 2024  |  Cybersecurity

TikTok reportedly dealt with a recent security breach when hackers targeted well-known brands and celebrities on the platform. Get the Full Story Complete the form...

READ MORE >
Rapid Finance Debuts Updates to Fraud Detection Platform for SMB Loans
Rapid Finance Debuts Updates to Fraud Detection Platform for SMB Loans
June 04, 2024  |  SMBs

Small business banking platform Rapid Finance has introduced updates to its fraud detection platform Lynx. Get the Full Story Complete the form to unlock this...

READ MORE >
Informed.IQ and Fuse Team on AI-Powered Fraud Prevention
Informed.IQ and Fuse Team on AI-Powered Fraud Prevention
June 04, 2024  |  Partnerships

Artificial intelligence verification software firm Informed.IQ teamed with loan origination system (LOS) Fuse. Get the Full Story Complete the form to unlock this article and...

READ MORE >
CFPB to Create Registry of Consumer Law-Breaking Nonbank Financial Companies
CFPB to Create Registry of Consumer Law-Breaking Nonbank Financial Companies
June 03, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) issued a final rule to establish a registry of nonbank financial companies that have broken consumer laws and are...

READ MORE >
Sam Bankman-Fried to Remain in Brooklyn Prison to Prepare Appeal
Sam Bankman-Fried to Remain in Brooklyn Prison to Prepare Appeal
June 03, 2024  |  Legal

Sam Bankman-Fried is reportedly back in a prison in Brooklyn after the Bureau of Prisons (BOP) began moving him to a facility in California, the...

READ MORE >
This Week in AI: Earnings, Regulation Tightropes, Content Deals and Cyberattacks
This Week in AI: Earnings, Regulation Tightropes, Content Deals and Cyberattacks
May 31, 2024  |  Artificial Intelligence

This week in artificial intelligence news, tech giants C3.ai, HP and nCino reported strong first-quarter earnings, all fueled by the increasing demand for AI products...

READ MORE >