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.

Remote Workforce Threatens Small Business Fraud Defenses
Remote Workforce Threatens Small Business Fraud Defenses
April 06, 2023  |  Security & Fraud

Businesses contemplating the transition to a remote workforce should prepare for possible increased fraud-related headaches. As reported recently by the Wall Street Journal, U.S. workers have voiced a clear preference...

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With Professional Service Firms Catching Heat, Is This Digital’s Moment?
With Professional Service Firms Catching Heat, Is This Digital’s Moment?
April 06, 2023  |  Security & Fraud

Running a business is complicated, particularly in today’s challenging macroclimate. But economic downturns are cyclical — and there exists a bevy of professional service firms...

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FTX Collapse Robs Researchers of Funding
FTX Collapse Robs Researchers of Funding
April 06, 2023  |  Legal

The collapse of crypto exchange FTX has many victims. Add to the list: university researchers. According to a Thursday (April 6) report by Reuters, the...

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Rise of Behavioral Fraud Makes Smart Prevention Critical for Businesses 
Rise of Behavioral Fraud Makes Smart Prevention Critical for Businesses 
April 05, 2023  |  Security & Fraud

Employees are simultaneously a company’s first line of defense and their weakest link. That is because as today’s quick-moving, instant-everything modern world offers more hyperconnected...

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SEC Charges Frank Founder With Fraud in $175 Million Sale to JPMorgan
SEC Charges Frank Founder With Fraud in $175 Million Sale to JPMorgan
April 04, 2023  |  Security & Fraud

Federal regulators say the founder of student financial aid company Frank defrauded America’s biggest bank. Charlie Javice was charged Wednesday (April 4) by the Securities...

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PSCU Debuts AI-Driven Fraud Decisioning Tool
PSCU Debuts AI-Driven Fraud Decisioning Tool
April 04, 2023  |  artificial intelligence

Credit union service organization PSCU has unveiled a tool to ferret out fraudulent transactions. The Intelligent Fraud Decisioning Solution uses cognitive artificial intelligence (AI) and...

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PYMNTS Intelligence: How SMBs Can Fight the Fraud Threats of Remote Work
PYMNTS Intelligence: How SMBs Can Fight the Fraud Threats of Remote Work
April 04, 2023  |  Fraud Prevention

Remote working was a boon to businesses during the pandemic, as technology allowed many companies to remain productive when much of the world was shutting down. Along with...

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80% of Larger FinTechs’ Customers Have ‘No Problems’ When Sending Money
80% of Larger FinTechs’ Customers Have ‘No Problems’ When Sending Money
April 03, 2023  |  Digital Banking

For FinTechs, the key to keeping customers lies with speed and ease, especially for money mobility. Mobility refers to money in and money out —...

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As Remote Work and Travel Normalize, SMBs Tackle Challenge of Payment Fraud
As Remote Work and Travel Normalize, SMBs Tackle Challenge of Payment Fraud
April 03, 2023  |  Fraud Prevention

Nearly nine in 10 companies say remote work has given bad actors a new way to find and exploit weak fraud and security measures, a...

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