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.

Study Sees BEC Scams Gaining Ground
Study Sees BEC Scams Gaining Ground
January 18, 2019  |  B2B Payments

New year, and perhaps new fears for executives as fraudsters look to siphon off payrolls of unsuspecting firms via email scams, according to research from...

READ MORE >
Today In Data: New Solutions For Old Problems
Today In Data: New Solutions For Old Problems
January 17, 2019  |  Today In Data

Some problems are as old as time itself: managing cash flow as an SMB or consumer, or finding better ways to fight off fraudsters. Some...

READ MORE >
Signet Jewelers To Pay $11M After Creating Fake Accounts
Signet Jewelers To Pay $11M After Creating Fake Accounts
January 17, 2019  |  Retail

According to a settlement that was signed with a wholly owned subsidiary, Signet Jewelers Ltd. is to pay federal and state regulators penalties of $11 million for...

READ MORE >
UK Gov’t Taps Banking Heavyweights To Fight Money Laundering
UK Gov’t Taps Banking Heavyweights To Fight Money Laundering
January 14, 2019  |  Security & Fraud

Aiming to fight more financial crime, the U.K. government has recruited senior executives from Barclays, Lloyds Banking and Banco Santander. Get the Full Story Complete...

READ MORE >
In UK, Larger Firms Pay Suppliers Later
In UK, Larger Firms Pay Suppliers Later
January 14, 2019  |  B2B Payments

The late payments epidemic continues in the U.K., and larger firms take longer to pay. Separately, it’s no cakewalk for Patisserie Valerie to get suppliers paid...

READ MORE >
LuLaRoe Founders Accused Of Hiding Millions From Creditors
LuLaRoe Founders Accused Of Hiding Millions From Creditors
January 10, 2019  |  Legal

A multi-million dollar lawsuit is accusing the founders of LuLaRoe of hiding tens of millions of dollars in shell companies to avoid paying their creditors....

READ MORE >
How AP Can Tip The Scales In Favor Of Virtual Cards
How AP Can Tip The Scales In Favor Of Virtual Cards
January 10, 2019  |  B2B Payments

In the world of payments, rife with friction, there is no such thing as a silver bullet. Even when technologies come close to addressing multiple...

READ MORE >
Today In Data: Nothing Ventured, Nothing Gained
Today In Data: Nothing Ventured, Nothing Gained
January 09, 2019  |  Today In Data

Gambling isn’t new to payments and commerce players – every new idea is a gamble, in a sense – but creating instant payment schemes for...

READ MORE >
Faster Payments, Open Banking Should Keep Treasurers On High Alert
Faster Payments, Open Banking Should Keep Treasurers On High Alert
January 09, 2019  |  B2B Payments

While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to...

READ MORE >