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.

Hawk AI Appoints Napier Veteran Robin Lee APAC General Manager
Hawk AI Appoints Napier Veteran Robin Lee APAC General Manager
February 16, 2024  |  Personnel

Hawk AI, a provider of artificial intelligence (AI)-powered technology for fraud and anti-money laundering (AML) surveillance, has appointed Robin Lee as general manager for the Asia-Pacific (APAC)...

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Tokenization Now Seen by Merchants as Performance Optimization Play
Tokenization Now Seen by Merchants as Performance Optimization Play
February 16, 2024  |  Security & Fraud

Jeff Hallenbeck, head of payments at Forter, said tokenization, from the merchant point of view, is moving from being thought of as an operational cost...

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Payments Vaulting Seen as Competitive Differentiator for Subscription Commerce
Payments Vaulting Seen as Competitive Differentiator for Subscription Commerce
February 16, 2024  |  Subscriptions

Joe Meuse, vice president of product at Spreedly, told PYMNTS that subscription-based business models face challenges and opportunities in meeting customers’ demands in the digital...

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Verification Firm Mitek Debuts MiControl as Check Fraud Triples Since 2018
Verification Firm Mitek Debuts MiControl as Check Fraud Triples Since 2018
February 15, 2024  |  Fraud Prevention

Digital payments may be growing in popularity, but the use of paper checks persists. Get the Full Story Complete the form to unlock this article...

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Somos Unveils IoT Identity Managment Service for Boosting Cybersecurity Defenses
Somos Unveils IoT Identity Managment Service for Boosting Cybersecurity Defenses
February 14, 2024  |  Cybersecurity

Somos unveiled an Internet of Things identity management service designed to safeguard businesses’ IoT assets. Get the Full Story Complete the form to unlock this...

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State-Level AI Legislation Balloons Amid Rise of Deepfakes
State-Level AI Legislation Balloons Amid Rise of Deepfakes
February 14, 2024  |  artificial intelligence

The rise of AI-powered deepfake technology has reportedly fostered a corresponding boom in state-level legislation. Get the Full Story Complete the form to unlock this...

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Swedish Lenders Shore Up Defenses Against Fraud
Swedish Lenders Shore Up Defenses Against Fraud
February 13, 2024  |  Security & Fraud

Amid growing fraud attacks by organized crime rings, Swedish lenders are moving to adjust product offerings and increase surveillance. Get the Full Story Complete the...

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EU Bank Watchdog Warns Lenders of Once ‘Inconceivable’ Risks
EU Bank Watchdog Warns Lenders of Once ‘Inconceivable’ Risks
February 12, 2024  |  Banking

Europe’s new top bank regulator wants lenders to beef up plans for dealing emerging risks. Get the Full Story Complete the form to unlock this...

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AI Took Over This Year’s Super Bowl Ads; It’s Coming for Daily Life Next
AI Took Over This Year’s Super Bowl Ads; It’s Coming for Daily Life Next
February 12, 2024  |  Artificial Intelligence

The Super Bowl, which was broadcast in 190 countries around the world Sunday (Feb. 11), was more than just an overtime battle between the Kansas...

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