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.

FinCEN Warns US Banks About AI Deepfake Frauds
FinCEN Warns US Banks About AI Deepfake Frauds
November 13, 2024  |  News

Law enforcement is warning U.S. banks about the danger of AI-powered identity fraud schemes. The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued an alert...

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Grocery Giant Ahold Delhaize’s Cyber Incident Signals Wider Digital Achilles’ Heel
Grocery Giant Ahold Delhaize’s Cyber Incident Signals Wider Digital Achilles’ Heel
November 13, 2024  |  Cybersecurity

Digital infrastructures now sit at the heart of almost every business operation. While this interconnectedness has introduced efficiencies, it has also created new vulnerabilities. A...

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Shopify, Amazon and Google Heat Up AI Retail Race
Shopify, Amazon and Google Heat Up AI Retail Race
November 08, 2024  |  Artificial Intelligence

Tech players are positioning themselves in artificial intelligence-powered retail, with Coveo adding personalization tools to Shopify Plus stores and Amazon founder Jeff Bezos investing $400...

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Navigating the Future of B2B: Collaboration, Innovation and Risk Management
Navigating the Future of B2B: Collaboration, Innovation and Risk Management
November 08, 2024  |  B2B Payments

Teamwork makes the dream work, especially when that dream is better B2B payments. With FinTech innovators increasingly pairing up with secure and reliable financial institutions,...

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How Soft-Linked Signals Are Securing the Future of Seamless Payments
How Soft-Linked Signals Are Securing the Future of Seamless Payments
November 05, 2024  |  Fraud Prevention

When it comes to digital commerce, payers and businesses are clear on one thing: they want checkout to be fast, safe and simple. But while...

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Mastercard: Tokenized Payments Turn Make-or-Break Checkout Moments Into Sales
Mastercard: Tokenized Payments Turn Make-or-Break Checkout Moments Into Sales
November 05, 2024  |  eCommerce

Seamless checkout is a winning mantra for retailers looking to capture sales and delight their customer bases. Customers largely expect a fast, secure and intuitive...

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Rigged Bids Drive Spikes in B2B Procurement Fraud
Rigged Bids Drive Spikes in B2B Procurement Fraud
November 04, 2024  |  Fraud Prevention

Procurement fraud is a growing problem in B2B transactions, and it’s even hitting Uncle Sam. With the recent news that six IT contractors have been...

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Singapore Responds to ‘Strong Interest’ in Asset Tokenization
Singapore Responds to ‘Strong Interest’ in Asset Tokenization
November 04, 2024  |  Blockchain

Singapore’s banking regulator announced plans to promote tokenization in the financial services industry. The Monetary Authority of Singapore (MAS) said the effort will include deepening...

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Making Sense of Your Company’s B2B Payments Data
Making Sense of Your Company’s B2B Payments Data
November 01, 2024  |  B2B Payments

For most of its history, payments data has been primarily paper-based. This relegated B2B payments data to mere record-keeping minutiae and made the task of...

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