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.

AI to Power Personalized Shopping Experiences in 2025
AI to Power Personalized Shopping Experiences in 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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Ingo Payments’ Edwards: 2025 Will Change the Rules for Bank-FinTech Partnerships
Ingo Payments’ Edwards: 2025 Will Change the Rules for Bank-FinTech Partnerships
December 20, 2024  |  Partnerships

As the banking and payments sector stands on the cusp of 2025 on a new regulation-averse government worldview, one of the issues that bears watching...

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The Payments Problem Small Businesses Don’t Know They Have
The Payments Problem Small Businesses Don’t Know They Have
December 20, 2024  |  B2B Payments

The circle of trust and the issues around risk management explored in PYMNTS’ recent “What’s Next in Payments” articles are often heavy on future technology....

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Visa Finalizes Featurespace Purchase to Boost Fraud Prevention
Visa Finalizes Featurespace Purchase to Boost Fraud Prevention
December 19, 2024  |  Acquisitions

Visa said it completed its acquisition of financial crime/payments fraud prevention provider Featurespace. “Visa will add Featurespace’s capabilities into its range of fraud prevention and...

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ValidiFI: Cross-Referencing Identity Elements Helps Spot Fraud Risk
ValidiFI: Cross-Referencing Identity Elements Helps Spot Fraud Risk
December 19, 2024  |  Security & Fraud

Consumers who initially appear low risk based on basic bank account validation may be revealed to be fraudsters when analyzed with additional signals and insights,...

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Beyond Breaches: Why Security and Trust Are the Real Currency of Payments
Beyond Breaches: Why Security and Trust Are the Real Currency of Payments
December 19, 2024  |  Security & Fraud

The stakes for fraud prevention and data security are rising with innovation across digital payments. Trust remains the cornerstone of today’s dynamic ecosystem, but it...

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