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.

PortX, Hummingbird Partner to Fight Financial Crime
PortX, Hummingbird Partner to Fight Financial Crime
February 06, 2024  |  Partnerships

PortX, an integration technology company for financial institutions (FIs), has teamed with compliance platform Hummingbird. Get the Full Story Complete the form to unlock this article...

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Cybera and Chainalysis Partner to Help Organizations Prevent Financial Cybercrime
Cybera and Chainalysis Partner to Help Organizations Prevent Financial Cybercrime
February 05, 2024  |  Security & Fraud

Cybera, a provider of advanced reporting and prevention tools, has launched a strategic integration with Chainalysis, a blockchain data platform, to equip government agencies and compliance...

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National Bank of Romania Warns Consumers About Deepfake Videos
National Bank of Romania Warns Consumers About Deepfake Videos
February 05, 2024  |  Security & Fraud

Romania’s central bank governor, Mugur Isarescu, found himself unwittingly associated with false financial recommendations after being targeted by a deepfake video. Get the Full Story...

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UK’s Open Banking Headwinds Point to Pitfalls of Innovation Through Regulation
UK’s Open Banking Headwinds Point to Pitfalls of Innovation Through Regulation
February 05, 2024  |  Banking

Open banking is set to change the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Bumble Taps AI to Take Sting Out of Catfishing
Bumble Taps AI to Take Sting Out of Catfishing
February 05, 2024  |  Authentication

Bumble is employing artificial intelligence (AI) to ensure its dating profiles aren’t, well, artificial. Get the Full Story Complete the form to unlock this article and...

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Banks and CFOs Need Data-Sharing Plans to Fight Fraud
Banks and CFOs Need Data-Sharing Plans to Fight Fraud
February 02, 2024  |  Fraud Prevention

The fraudsters are wily, determined, acting in packs and probing for weaknesses. Get the Full Story Complete the form to unlock this article and enjoy...

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Report: Identity Theft Indictments Include Conspirators in $400 Million FTX Hack
Report: Identity Theft Indictments Include Conspirators in $400 Million FTX Hack
February 02, 2024  |  Security & Fraud

Three individuals have been indicted for their involvement in an identity theft conspiracy, which reportedly included a $400 million hack of cryptocurrency exchange FTX. Get...

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Cox Automotive Rolls Out Synthetic Identity Fraud Indicator for Car Dealers
Cox Automotive Rolls Out Synthetic Identity Fraud Indicator for Car Dealers
February 02, 2024  |  Fraud Prevention

Cox Automotive has added a new synthetic identity (ID) fraud indicator to its Dealertrack Compliance solution for car dealers. Get the Full Story Complete the form to...

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Visa: Innovation Boosts Authorization Rates as Merchants Improve the Customer Experience
Visa: Innovation Boosts Authorization Rates as Merchants Improve the Customer Experience
February 02, 2024  |  Security & Fraud

“There’s a lot going on for merchants today, and they have a lot to juggle,” Saurabh Chopra, head of product, U.S. debit, prepaid and real-time...

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