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.

Experts Say 3DS 2.0 Will Gain Ground as Commerce Relies on ‘Connected’ Data
Experts Say 3DS 2.0 Will Gain Ground as Commerce Relies on ‘Connected’ Data
June 28, 2023  |  Security & Fraud

In a world where eCommerce is king, routing traffic is a critical move. Merchants need to ensure a seamless experience that could otherwise deter customers...

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Court Denies Bankman-Fried’s Motions to Dismiss Counts
Court Denies Bankman-Fried’s Motions to Dismiss Counts
June 27, 2023  |  Legal

A New York court has denied motions to dismiss counts against Sam Bankman-Fried. The founder and former CEO of bankrupt cryptocurrency exchange FTX had sought a dismissal of...

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Inform Act Cracks Down on Organized Retail Theft
Inform Act Cracks Down on Organized Retail Theft
June 27, 2023  |  Retail

A new law aims to tackle organized retail theft and the trade of counterfeit and hazardous items on digital platforms. The Integrity, Notification and Fairness...

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FTX Recovers $7 Billion as Unnamed Lawyer Enters Debtors’ Crosshairs
FTX Recovers $7 Billion as Unnamed Lawyer Enters Debtors’ Crosshairs
June 27, 2023  |  Cryptocurrency

As the old adage goes, lying and stealing live next door to each other. And in the case of the failed FTX cryptocurrency exchange, it...

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JPMorgan Co-Heads Call for Treasurers to Challenge the Status Quo
JPMorgan Co-Heads Call for Treasurers to Challenge the Status Quo
June 27, 2023  |  CFO

Time is money — and an enterprise’s treasurer needs to keep a steady hand on both. That’s why PYMNTS CEO Karen Webster sat down with Catherine...

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Supreme Court Says Customer’s Lawsuit Against Coinbase Must Pause
Supreme Court Says Customer’s Lawsuit Against Coinbase Must Pause
June 23, 2023  |  Legal

The U.S. Supreme Court has ruled that a lawsuit against Coinbase must pause while the company tries to take the matter to arbitration. A case...

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FreedomPay to Integrate Visa’s Network Tokenization Capabilities
FreedomPay to Integrate Visa’s Network Tokenization Capabilities
June 23, 2023  |  Partnerships

FreedomPay will integrate Visa’s network tokenization capabilities with its own global identity and tokenization framework. This integration will enable network tokens across card brands, help merchants remain compliant with...

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Novo Adds Debit Card to Financial Platform for Small Businesses
Novo Adds Debit Card to Financial Platform for Small Businesses
June 22, 2023  |  SMBs

Novo has added a debit card to its financial platform for small businesses. The new Novo Debit Card features transaction monitoring, fraud alerts and in-app controls designed to...

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What the US Can Learn From the UK About Push Payments Fraud
What the US Can Learn From the UK About Push Payments Fraud
June 22, 2023  |  Security & Fraud

The U.K. banking industry is currently facing a new wave of regulations aimed at tackling push payment fraud. In an interview with Karen Webster, Form3 CEO Michael Mueller said...

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