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.

How to Stop Real Estate Fraud? Make Sure the Government-Issued ID Isn’t Fake
How to Stop Real Estate Fraud? Make Sure the Government-Issued ID Isn’t Fake
October 07, 2024  |  Authentication

The line from “The Godfather” rings true in the age of digital fraud and stolen identities: It’s not personal; it’s strictly business. A guiding principle...

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Passkeys Replace Passwords as Banks Seek Better Authentication Options
Passkeys Replace Passwords as Banks Seek Better Authentication Options
October 07, 2024  |  Authentication

In the 21st-century financial services sector, security is paramount, and threats abound. As sophisticated cyber threats, from deepfakes to cloud vulnerabilities, spread from every corner...

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UK’s APP Fraud Reimbursement Rule Goes Into Effect Monday
UK’s APP Fraud Reimbursement Rule Goes Into Effect Monday
October 06, 2024  |  Security & Fraud

This week marks a major change in how U.K. banks and payment firms address fraud. Beginning Monday (Oct. 7), these organizations will be required to...

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Zimbra Patches Security Vulnerability and Urges Users to Update Software
Zimbra Patches Security Vulnerability and Urges Users to Update Software
October 04, 2024  |  Security & Fraud

Business productivity suite Zimbra is urging administrators to ensure the latest security updates have been added to their systems, as the company fixed a security...

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A Master Class on Helping SMBs Thrive in an Omnichannel World
A Master Class on Helping SMBs Thrive in an Omnichannel World
October 04, 2024  |  SMBs

The small businesses that are the backbone of each community across the United States are, collectively, the mainstay of everyday life. They employ millions who...

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35% of Cardholders Abandon Merchant After a Card Decline
35% of Cardholders Abandon Merchant After a Card Decline
October 04, 2024  |  Credit Cards

Striking the right balance between seamless payments and strong security is crucial for merchants. As eCommerce continues to flourish, a PYMNTS Intelligence report, “Why Network...

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UK’s Revolut Accuses Meta of ‘Woefully Short’ Effort in Battling Fraud
UK’s Revolut Accuses Meta of ‘Woefully Short’ Effort in Battling Fraud
October 03, 2024  |  Security & Fraud

U.K. FinTech Revolut has reportedly criticized Meta’s approach to combating financial fraud. As CNBC reported Thursday (Oct. 3), Revolut argues that the Facebook owner should be the one to provide compensation...

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Meta Teams With UK Banks to Fight Scammers
Meta Teams With UK Banks to Fight Scammers
October 02, 2024  |  Security & Fraud

Meta launched an anti-fraud information-sharing partnership with banks in the United Kingdom. The Fraud Intelligence Reciprocal Exchange (FIRE) is a “threat intelligence sharing program” that...

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Google Cloud: There Are Two Reasons Banks Need to Move to the Cloud
Google Cloud: There Are Two Reasons Banks Need to Move to the Cloud
October 02, 2024  |  Security & Fraud

Cybersecurity is a pressing and complex challenge for financial institutions. It’s a space where technology and strategy must align to ensure resilience and compliance, and...

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