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.

Digital IDs and Financial Services Collaboration Strengthen Proactive Fraud Prevention
Digital IDs and Financial Services Collaboration Strengthen Proactive Fraud Prevention
December 26, 2024  |  Security & Fraud

As payments become faster, fraudsters hide behind anonymity or concoct identities that seem legitimate, and then scam banks, merchants and individuals out of their money....

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Digital ID Verification Reduces Stadium Entry Wait Times by 68%
Digital ID Verification Reduces Stadium Entry Wait Times by 68%
December 26, 2024  |  Digital Identity

Digital identity verification and blockchain-based ticketing are helping stadium operators enhance the fan experience by letting them spend less time waiting in lines and more...

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Financial Services Regulation in 2025: More of the Same or Radical Shift?
Financial Services Regulation in 2025: More of the Same or Radical Shift?
December 24, 2024  |  Regulation

This year was marked by a steady drumbeat of regulations and rules — and requests from regulators for information and comments from financial services players...

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95% of Companies That Fully Automate AP See Healthier Finances
95% of Companies That Fully Automate AP See Healthier Finances
December 24, 2024  |  Accounts Payable

Many businesses rely on manual accounts payable and accounts receivable processes, which lead to slow, error-prone accounting that increases fraud risk. This can result in...

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Visa: 77% of 2024 Holiday Spending Happened In-Store
Visa: 77% of 2024 Holiday Spending Happened In-Store
December 23, 2024  |  VISA

Visa said it is seeing increasing consumer confidence this holiday season. The payments giant released preliminary insights into U.S. holiday buying that showed a 4.8%...

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Agentic AI and Personalized Shopping Experiences Will Dominate 2025
Agentic AI and Personalized Shopping Experiences Will Dominate 2025
December 23, 2024  |  artificial intelligence

Tech executives and investors told PYMNTS that artificial intelligence will reshape retail shopping in 2025, with AI assistants offering unprecedented personalization and handling up to...

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Bluesky Clouded by Scammers as Social Platform’s Popularity Grows
Bluesky Clouded by Scammers as Social Platform’s Popularity Grows
December 22, 2024  |  Social Commerce

Bluesky’s rising popularity in the social media space is not without growing pains. The platform, seen as an alternative to Twitter/X, now has close to...

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Mastercard Finalizes Acquisition of Threat Intelligence Company Recorded Future
Mastercard Finalizes Acquisition of Threat Intelligence Company Recorded Future
December 20, 2024  |  Acquisitions

Mastercard has finalized its previously announced acquisition of threat intelligence company Recorded Future. The acquisition will add threat intelligence and artificial intelligence (AI)-powered, actionable analytics to...

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CFPB Sues Zelle and 3 Owner Banks, Alleging Insufficient Safeguards
CFPB Sues Zelle and 3 Owner Banks, Alleging Insufficient Safeguards
December 20, 2024  |  Legal

The Consumer Financial Protection Bureau sued Zelle operator Early Warning Services and three of its owner banks — Bank of America, J.P. Morgan Chase and...

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