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.

Continuous Verification and AI Can Drive Digital Banking Engagement
Continuous Verification and AI Can Drive Digital Banking Engagement
February 28, 2024  |  Authentication

As the payments landscape continues to advance and evolve, the central tenet of authentication remains the same. Get the Full Story Complete the form to...

READ MORE >
8 in 10 Merchants Screen Potential Fraud With Same-Payment-Method Retries
8 in 10 Merchants Screen Potential Fraud With Same-Payment-Method Retries
February 27, 2024  |  Fraud Prevention

In an effort to counter false declines and prevent unnecessary losses, PYMNTS Intelligence research finds, the vast majority of merchants are encouraging consumers to reattempt...

READ MORE >
AU10TIX Adds KYB to Identity Verification Offerings
AU10TIX Adds KYB to Identity Verification Offerings
February 27, 2024  |  Identity

Israeli identity verification firm AU10TIX has launched a know-your-business (KYB) solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

READ MORE >
As Data Breaches Proliferate, New NIST Playbook Offers Recovery Tactics
As Data Breaches Proliferate, New NIST Playbook Offers Recovery Tactics
February 27, 2024  |  Security & Fraud

Data breaches can have far-reaching impacts on operations, finances and reputations.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Nearly Half of Financial Institutions Believe Open Banking Risks Outweigh Rewards
Nearly Half of Financial Institutions Believe Open Banking Risks Outweigh Rewards
February 27, 2024  |  Security & Fraud

Nearly half of financial institution executives are concerned that open banking may not be a positive value proposition — especially in an environment of increasing...

READ MORE >
Digital Commerce Demands Multifactor Approach to ID Verification
Digital Commerce Demands Multifactor Approach to ID Verification
February 27, 2024  |  Authentication

Lisa McFarland, executive vice president and chief product officer at Ingo Payments, told PYMNTS that authentication across digital channels requires a multi-pronged approach. Get the...

READ MORE >
LoanDepot Says 16.9 Million Customers Impacted by January Data Breach
LoanDepot Says 16.9 Million Customers Impacted by January Data Breach
February 26, 2024  |  Security & Fraud

LoanDepot said Friday (Feb. 23) that a data breach that impacted the company in January affected 16.9 million customers. Get the Full Story Complete the...

READ MORE >
OCC Head Concerned About Bank-FinTech Collaboration
OCC Head Concerned About Bank-FinTech Collaboration
February 26, 2024  |  Banking

Michael Hsu, CEO and acting comptroller of the currency for the Office of the Comptroller of the Currency (OCC), recently reiterated his agency’s commitment to...

READ MORE >
New Attack Vectors Require Cyber Hygiene and End-User Education in Authentication War
New Attack Vectors Require Cyber Hygiene and End-User Education in Authentication War
February 26, 2024  |  Authentication

Today’s financial fraudsters are more sophisticated, more agile, and more online than ever. Get the Full Story Complete the form to unlock this article and...

READ MORE >