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.

Why The Switch To Electronic Payments Isn’t Enough To Combat Employee Fraud
Why The Switch To Electronic Payments Isn’t Enough To Combat Employee Fraud
October 26, 2017  |  B2B Payments

In Georgia, one Mohawk Industries employee allegedly scammed the company out of $766,000. In New York, a worker at Chevron Phillips Chemical Co. pled guilty to...

READ MORE >
How To Build A Fraud Team
How To Build A Fraud Team
October 25, 2017  |  Fraud Prevention

There are different levels of fraud management an organization can implement, from completely in-house to completely outsourced. But for a company planning to build an...

READ MORE >
NEW DATA: Global Account Takeovers Spike 45 Percent
NEW DATA: Global Account Takeovers Spike 45 Percent
October 25, 2017  |  Security & Fraud

Account takeovers have become a new favorite for fraudsters over the course of just a quarter. And, in the wake of the Equifax breach that the...

READ MORE >
Giving Voice Recognition A Security Boost
Giving Voice Recognition A Security Boost
October 25, 2017  |  Security & Fraud

Biometric authentication technology like voice recognition has become a security staple, but with fraudsters designing schemes to beat them, biometrics too may benefit from backup....

READ MORE >
Credit Karma To Monitor IDs For Free
Credit Karma To Monitor IDs For Free
October 24, 2017  |  Fraud Prevention

Credit Karma, the free credit monitoring company, announced news on Monday (Oct. 23) of the launch of free ID monitoring. In a blog post, Adam Boender,...

READ MORE >
How To Drive The Conversations At Money 20/20
How To Drive The Conversations At Money 20/20
October 23, 2017  |  Money 20/20

If conversation is currency, what about conversations about currency? When thousands of payments professionals gather in one place, you'd better know the lingua franca. So...

READ MORE >
A Fraudster Speaks Out On Account Takeover Fraud
A Fraudster Speaks Out On Account Takeover Fraud
October 23, 2017  |  Security & Fraud

If fraud attacks are the flu, then the Equifax data breach was a raging fever: a symptom (albeit a dramatic one) of a larger illness...

READ MORE >
Four “Need To Knows” About Balancing Digital UX And Security
Four “Need To Knows” About Balancing Digital UX And Security
October 23, 2017  |  Security & Fraud

What do consumers want? Merchants think they have the answers: ease, efficiency and instant gratification. Oh, and security, too – but not at the expense...

READ MORE >
Transaction Monitoring: Bracing For The Aftermath Of The Equifax Breach
Transaction Monitoring: Bracing For The Aftermath Of The Equifax Breach
October 20, 2017  |  Security & Fraud

Fraudsters’ methods are always changing. That means, try as they might, banks and financial institutions will never be able to keep all of them at...

READ MORE >