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.

UnitedHealth CEO Andrew Witty to Testify Before Congress on Cyberattack
UnitedHealth CEO Andrew Witty to Testify Before Congress on Cyberattack
April 29, 2024  |  Security & Fraud

UnitedHealth Group CEO Andrew Witty will testify before two Congressional committees Wednesday (May 1), addressing the cyberattack that hit the company’s Change Healthcare unit. Get the Full Story...

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Simplicity Defines the Small Business Online Payments Playbook
Simplicity Defines the Small Business Online Payments Playbook
April 29, 2024  |  VISA

Moving a business online can be rewarding as enterprises reach broader audiences, sometimes global in scope, and expand their revenue opportunities with online payments. Get...

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ComplyAdvantage Buys Golden to Bolster Financial Crime Fighting Tool
ComplyAdvantage Buys Golden to Bolster Financial Crime Fighting Tool
April 24, 2024  |  Fraud Prevention

Financial crime intelligence provider ComplyAdvantage has acquired tech company Golden. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Mastercard Takes AI-Driven Fraud Defense to Next Level
Mastercard Takes AI-Driven Fraud Defense to Next Level
April 24, 2024  |  Mastercard

Mastercard is bringing an artificial intelligence (AI)-driven, partnership approach to detecting and preventing identity and payments scams before they can result in victimizing consumers. Get the...

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Spike in Identity Fraud Forces Banks to Embrace Innovation
Spike in Identity Fraud Forces Banks to Embrace Innovation
April 23, 2024  |  Security & Fraud

To the hammer of a bad actor, everything vulnerable looks like a nail. Get the Full Story Complete the form to unlock this article and...

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Issuers Look Beyond Inflation and Interest Rates to Managing Real-Time Fraudsters
Issuers Look Beyond Inflation and Interest Rates to Managing Real-Time Fraudsters
April 23, 2024  |  Real-Time Payments

As global head of product at payment processor i2c, Seth Perlman has seen his share of headwinds and tailwinds in the banking business, including stints...

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90% of FIs Say a Fraud-Prevention Vendor’s Reputation Is Key to Collaboration 
90% of FIs Say a Fraud-Prevention Vendor’s Reputation Is Key to Collaboration 
April 23, 2024  |  Fraud Prevention

More than 40% of financial institutions (FIs) report seeing increasing volumes of fraud and financial crimes, according to PYMNTS Intelligence data.  Get the Full Story...

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Basware Debuts AI-Powered Fraud Prevention Tool
Basware Debuts AI-Powered Fraud Prevention Tool
April 22, 2024  |  Fraud Prevention

Accounts payable (AP) automation company Basware has launched a new fraud/error protection solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Commerzbank Fined for Money Laundering Compliance Failure
Commerzbank Fined for Money Laundering Compliance Failure
April 22, 2024  |  AML

A German financial regulator has reportedly fined Commerzbank $1.5 million for anti-money laundering violations. Get the Full Story Complete the form to unlock this article and enjoy...

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